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s_fin_2017a_2017-05-05t13:42:30z3 Hearing Summary

Date: 05/05/2017

Location: SCR 357

Final

BILL SUMMARY for HB17-1324



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Postpone House Bill 17-1324 indefinitely. The moti

Refer House Bill 17-1324 to the Committee on Appro
PASS

FAIL







02:26 PM -- HB17-1324



Senator Todd, prime sponsor, presented House Bill 17-1324, which alters the existing income tax deduction for contributions to qualifying college savings accounts and interest earnings on or withdrawals from these savings accounts. Beginning in tax year 2018, the bill also creates a new tax credit for teachers and student teachers serving in rural Colorado school districts. Qualifying teachers must have graduated from a Colorado college or university and must have started teaching during or following the 2013-14 school year.



02:29 PM --
Ali Mickelson, representing the Colorado Fiscal Institute, testified in support of the bill and responded to committee questions.





02:41 PM



Senator Todd made closing remarks on the bill.

BILL: HB17-1324
TIME: 02:41:58 PM
MOVED: Court
MOTION: Refer House Bill 17-1324 to the Committee on Appropriations. The motion failed on a vote of 2-3.
SECONDED:
VOTE
Court
Yes
Kagan
Yes
Tate
No
Hill
No
Neville T.
No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL


BILL: HB17-1324
TIME: 02:42:20 PM
MOVED: Hill
MOTION: Postpone House Bill 17-1324 indefinitely. The motion passed on a vote of 3-2.
SECONDED:
VOTE
Court
No
Kagan
No
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS














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