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S_FIN_2017A 05/09/2017 Committee Summary

Final

STAFF SUMMARY OF MEETING



SENATE COMMITTEE ON FINANCE

Date: 05/09/2017
ATTENDANCE
Time: 01:23 PM to 01:46 PM
Court
X
Kagan
X
Place: SCR 357
Smallwood
X
Tate
X
This Meeting was called to order by
Neville T.
X
Senator Neville T.
This Report was prepared by
Matt Becker
X = Present, E = Excused, A = Absent, * = Present after roll call
Bills Addressed: Action Taken:
HB17-1091 Postponed Indefinitely





01:23 PM -- HB17-1091



The committee was called to order. Senators Donovan and Coram, co-prime sponsors, presented House Bill 17-1091, which creates an income tax credit for taxpayers who provide donations to non-profit sponsors of employer-assisted housing projects in rural areas of the state for tax years 2018 through 2021.





01:27 PM



Senator Donovan responded to committee questions. Amber Egbert, representing the Department of Revenue, came to the table to respond to committee questions. Senators Coram and Donovan continued to respond to committee questions.





01:42 PM



John Vecchiarelli, representing the Department of Revenue, came to the table to respond to additional committee questions.






























BILL: HB17-1091
TIME: 01:44:33 PM
MOVED: Court
MOTION: Adopt conceptual amendment that strikes "THE LAST SEVEN DIGITS OF" on page 8, line 24 and inserts "ENTIRE" after "TAXPAYER'S". The motion passed without objection.
SECONDED:
VOTE
Court
Kagan
Smallwood
Tate
Neville T.
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL: HB17-1091
TIME: 01:45:00 PM
MOVED: Court
MOTION: Refer House Bill 17-1091, as amended, to the Committee on Appropriations. The motion failed on a vote of 2-3.
SECONDED:
VOTE
Court
Yes
Kagan
Yes
Smallwood
No
Tate
No
Neville T.
No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL
































BILL: HB17-1091
TIME: 01:45:27 PM
MOVED: Tate
MOTION: Postpone House Bill 17-1091 indefinitely. The motion passed on a vote of 3-2.
SECONDED:
VOTE
Court
No
Kagan
No
Smallwood
Yes
Tate
Yes
Neville T.
Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS





01:45 PM



The committee adjourned.


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