CLICS/CLICS2024A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB24-1142
HOUSE COMMITTEE ON FINANCE
Date Mar 18, 2024
Location HCR 0112
HB24-1142 - Amended, referred to House Appropriations
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05:43:09 PM |
Representatives Holtorf
and Joseph, co-prime sponsors, presented House Bill 24-1142. The
bill removes the cap on the amount of social security income that individuals
ages 55 to 64 may deduct from their state income tax. The bill sponsors
distributed amendments L.001 (Attachment K), L.002 (Attachment L), and
L.003 (Attachment M), and responded to questions from the committee.
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05:51:35 PM |
Greg Sobetski, representing Legislative Council Staff, was available to respond to questions about the fiscal note.
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06:02:49 PM |
Caroline Nutter, representing the Colorado Fiscal Institute, testified in support of the bill.
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06:05:21 PM |
Mr. Dennis Valentine, representing AARP, testified in support of the bill.
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06:08:48 PM |
The witnesses responded to questions from the committee.
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06:12:17 PM
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Motion |
Adopt amendment L.001 (Attachment K). |
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Moved |
Holtorf |
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Seconded |
Joseph |
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deGruy Kennedy |
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Frizell |
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Garcia |
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Holtorf |
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Kipp |
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Lindstedt |
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Marshall |
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Soper |
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Weinberg |
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Joseph |
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Snyder |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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06:14:16 PM
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Motion |
Adopt amendment L.002 (Attachment L). |
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Moved |
Joseph |
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Seconded |
Holtorf |
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deGruy Kennedy |
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Frizell |
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Garcia |
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Holtorf |
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Kipp |
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Lindstedt |
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Marshall |
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Soper |
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Weinberg |
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Joseph |
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Snyder |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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06:15:02 PM
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Motion |
Adopt amendment L.003 (Attachment M). |
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Moved |
Holtorf |
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Seconded |
Joseph |
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deGruy Kennedy |
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Frizell |
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Garcia |
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Holtorf |
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Kipp |
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Lindstedt |
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Marshall |
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Soper |
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Weinberg |
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Joseph |
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Snyder |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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06:16:39 PM
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Motion |
Refer House Bill 24-1142, as amended, to the Committee on Appropriations. |
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Moved |
Joseph |
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Seconded |
Frizell |
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deGruy Kennedy |
Yes |
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Frizell |
Yes |
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Garcia |
Yes |
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Holtorf |
Yes |
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Kipp |
Yes |
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Lindstedt |
Yes |
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Marshall |
No |
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Soper |
Yes |
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Weinberg |
No |
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Joseph |
Yes |
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Snyder |
Yes |
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Final |
YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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