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s_fin_2016a_2016-05-05t10:03:47z9 Hearing Summary

Date: 05/05/2016



Final

BILL SUMMARY for HB16-1286



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 16-1286 to the Committee on Appro PASS







01:05 PM -- HB16-1286



Senator Tate, prime sponsor, presented House Bill 16-1286, which increases the percentage of the wildfire mitigation state income tax deduction from 50 percent to 100 percent of the costs incurred for performing wildfire mitigation on a taxpayer's property. The tax deduction cannot exceed $2,500 per income tax year or the total amount of the taxpayer's federal taxable income, whichever is less.



01:06 PM --
Mr. Ted Leighty, representing the Colorado Association of Realtors, testified in support of the bill.

BILL: HB16-1286
TIME: 01:12:59 PM
MOVED: Holbert
MOTION: Refer House Bill 16-1286 to the Committee on Appropriations. The motion passed on a vote of 4-1.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
Yes
Hill
Yes
Neville T.
No
Final YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS














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