H_FIN_2022A 04/18/2022 01:31:17 PM Committee Summary

Representatives Kennedy and Weissman, co-sponsors, presented House Bill 22-1205. The bill creates a refundable income tax credit for senior taxpayers with adjusted gross income up to $75,000 who have not claimed a homestead property tax exemption. They distributed amendments L.002 (Attachment A) and L.003 (Attachment B), and responded to questions from the committee.

The sponsors explained the amendments.

The sponsors wrapped up their presentation of the bill and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.

The committee took a brief recess.

The committee returned to order. Representatives McLachlan and Titone, co-sponsors, presented House Bill 22-1328. The bill makes multiple changes to the Colorado Loans for Increasing Main Street Business Economic Recovery Act created under House Bill 20-1413 in the Office of the State Treasurer.

Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. He responded to questions from the committee. Jim Eke, representing the Department of Treasury, answered further committee questions.

The committee continued to discuss the bill with the witnesses.

The sponsors wrapped up their presentation of the bill and asked for a favorable recommendation.

Representative Snyder, prime sponsor, presented Senate Bill 22-107. The bill creates the Pikes Peak International Hill Climb special license plate.

Mr. Fred Veitch, representing the Pikes Peak International Hill Climb, testified in support of the bill.

Eric Bergman, representing himself, testified in support of the bill.

Representative Snyder provided closing comments.