7AB183FEEA8E1969872587E3007A854F Hearing Summary

PUBLIC
BILL SUMMARY For SB22-084

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date Feb 8, 2022
Location Old Supreme Court

SB22-084 - Postponed Indefinitely

03:18:19 PM

Senator Gardner, bill sponsor, presented Senate Bill 22-084. The bill defines expenditures from a 529 account for the payment of student loans, up to $10,000 per beneficiary, as a qualified distribution, and therefore not subject to tax recapture.
The bill sponsor responded to committee questions.

03:24:11 PM

Senator Gonzales proceeded with witness testimony on the bill.

03:24:27 PM

Evie Hudak, representing Colorado PTA, testified in opposition to the bill. Angela Baier, representing CollegeInvest, testified in opposition to the bill. The witness panel responded to committee questions.

03:32:58 PM

The bill sponsor
gave closing remarks. Committee members commented on the bill.

03:38:18 PM	Motion	Refer Senate Bill 22-084 to the Committee on Finance.
	Moved	Holbert
	Seconded

	Holbert	Yes
	Jaquez Lewis	No
	Simpson	Yes
	Coleman	No
	Gonzales	No
		YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL

03:38:46 PM	Motion	Postpone Senate Bill 22-084 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
	Moved	Coleman
	Seconded

	Holbert	No
	Jaquez Lewis	Yes
	Simpson	No
	Coleman	Yes
	Gonzales	Yes
	Final	YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB22-084 - Postponed Indefinitely

Colorado General Assembly