Date: 03/27/2013

Final
BILL SUMMARY for HB13-1265

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Moved Amendment L.001 (Attachment E). The motion p
Refer House Bill 13-1265, as amended, to the Commi		Pass Without Objection
PASS



03:03 PM -- House Bill 13-1265 - Concerning the New Business Facility State Income Tax Credit

Representative Hullinghorst, prime sponsor, explained that House Bill 13-1265 allows any business within an enterprise zone to be eligible for the new employee income tax credit (repeals and replaces the new business facility credit).

The following persons testified:

03:19 PM -- Mr. Henry von Storch, representing himself, testified in opposition to the bill. Mr. Storch discussed the state enterprise zone program and the tax incentives that are awarded for business activities such as investment and job creation.

03:20 PM -- Mr. Kyle McMillan, representing himself, testified in opposition to the bill. He closed by urging the committee to oppose the bill.

03:24 PM -- Mr. Kevin Tilson, representing the Office of Economic Development and International Trade, responded to committee questions about the state Enterprise Zone Program.

03:41 PM -- Mr. Patrick Boyle, representing the Colorado Competitive Council, testified in support of the bill.
BILL:HB13-1265
TIME: 03:46:35 PM
MOVED:Court
MOTION:Moved Amendment L.001 (Attachment E). The motion passed without objection.

13HseFin0327AttachE.pdf13HseFin0327AttachE.pdf
SECONDED:Melton
VOTE
DelGrosso
Foote
Joshi
Kagan
May
Melton
Pabon
Priola
Saine
Excused
Swalm
Wilson
Labuda
Court
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:HB13-1265
TIME: 03:47:20 PM
MOVED:Court
MOTION:Refer House Bill 13-1265, as amended, to the Committee of the Whole. The motion passed on a vote of 12-0.
SECONDED:Melton
VOTE
DelGrosso
Yes
Foote
Yes
Joshi
Yes
Kagan
Yes
May
Yes
Melton
Yes
Pabon
Yes
Priola
Yes
Saine
Excused
Swalm
Yes
Wilson
Yes
Labuda
Yes
Court
Yes
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS