H_FIN_2021A 06/03/2021 08:07:19 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 06/03/2021 Attendance Benavidez X Bradfield X Daugherty X Gonzales-Gutierrez X Gray X Luck X Sandridge X Titone X Will X Snyder X Bird X Time 08:07:19 AM to 08:57:29 AM Place HCR 0112 This Meeting was called to order by Bird This Report was prepared by Vanessa Reilly Hearing Items Action Taken hSB21-282 Referred to the Committee of the Whole hHB21-1327 Referred to House Appropriations hSB21-233 Referred to House Appropriations SB21-282 - Referred to the Committee of the Whole 08:07:31 AM Representatives Snyder and Van Winkle presented Senate Bill 21-282 to the committee. 08:11:18 AM Tony Gagliardi, representing NFIB, testified in support of the bill. 08:14:45 AM Mark Turner, representing Colorado Nonprofit Association, testified in support of the bill. 08:14:48 AM Meghan Dollar, representing Colorado Municipal League, testified in support of the bill. 08:16:04 AM Sponsors wrapped up their presentation to the committee. 08:18:24 AM Motion Refer Senate Bill 21-282 to the Committee of the Whole. Moved Snyder Seconded Sandridge Benavidez Yes Bradfield Yes Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Luck Yes Sandridge Yes Titone Yes Will Yes Snyder Yes Bird Yes Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB21-1327 - Referred to House Appropriations 08:19:03 AM Representatives Van Winkle and Ortiz presented House Bill 21-1327 to the committee. The bill allows pass-through businesses to elect to pay their state income tax at the entity level, rather than the individual level, beginning in tax year 2022. 08:26:54 AM Josh Pens, representing Department of Revenue, was available to answer committee questions. 08:26:57 AM Phil Horwitz, representing S-Corporation Association, testified in support of the bill. 08:37:13 AM Dorothy Jones, representing Denver Metro Chamber, testified in support of the bill. 08:43:41 AM Tony Gagliardi, representing NFIB, testified in support of the bill. 08:46:05 AM Sponsors wrapped up their presentation to the committee. 08:49:53 AM Motion Refer House Bill 21-1327 to the Committee on Appropriations. Moved Snyder Seconded Gray Benavidez No Bradfield Yes Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Luck Yes Sandridge Yes Titone Yes Will Yes Snyder Yes Bird Yes Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS SB21-233 - Referred to House Appropriations 08:50:14 AM Representatives Benavidez and Gonzales-Gutierrez presented Senate Bill 21-233 to the committee. The bill requires the Colorado Department of Labor and Employment to study the feasibility of administering a wage replacement program for individuals who are unemployed through no fault of their own and who are ineligible for regular unemployment benefits due to their immigration status. 08:52:15 AM Kevin Patterson, representing Colorado Peoples Alliance, testified in support of the bill. 08:56:09 AM Motion Refer Senate Bill 21-233 to the Committee on Appropriations. Moved Gonzales-Gutierrez Seconded Benavidez Benavidez Yes Bradfield No Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Luck No Sandridge No Titone Yes Will No Snyder Yes Bird Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 08:57:29 AM The committee adjourned.