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s_fin_2017a_2017-03-21t13:33:55z2 Hearing Summary

Date: 03/21/2017

Location: RM 271

Final

BILL SUMMARY for HB17-1104



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Adopt amendment L.010 (Attachment B). The motion p

Refer House Bill 17-1104, as amended, to the Commi
Pass Without Objection

PASS







01:39 PM -- HB17-1104



Senator Priola, prime sponsor, presented House Bill 17-1104, which provides a state income tax deduction for monetary awards received from the United States Olympic Committee or any sport-specific national governing committee as a direct result of winning a medal at the summer or winter Olympics or Paralympic games. Non-monetary benefits and endorsement earnings are not eligible for the income tax deduction. The income tax deduction will be available beginning in tax year 2018.



01:43 PM -- Veronica Day, representing herself as an athlete, testified in support of the bill.



01:45 PM --
Erin Popovich, representing herself as an athlete, testified in support of the bill.



01:46 PM --
Chris Coleman, representing himself as an athlete, testified in support of the bill.



01:49 PM --
Terris Tiller, representing himself as an athlete, testified in support of the bill. Mr. Tiller, Ms. Day, and Ms. Popovich responded to committee questions.





01:55 PM



Senator Priola wrapped up his presentation of HB 17-1104. Senator Priola discussed amendment L.010 (Attachment B).



17SenateFin0321AttachB.pdf17SenateFin0321AttachB.pdf

BILL: HB17-1104
TIME: 01:59:07 PM
MOVED: Hill
MOTION: Adopt amendment L.010 (Attachment B). The motion passed without objection.
SECONDED:
VOTE
Court
Kerr
Tate
Hill
Neville T.
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL: HB17-1104
TIME: 01:59:31 PM
MOVED: Hill
MOTION: Refer House Bill 17-1104, as amended, to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kerr
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS














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