Date: 04/29/2015

Final
BILL SUMMARY for HB15-1383

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer House Bill 15-1383 to the Committee on ApproPASS



08:00 PM -- HB15-1383

Representatives Tyler and Becker, K., co-prime sponsors, introduced House Bill 15-1383. The bill extends the number of years, from two to five years, in which the Colorado Housing and Finance Authority (CHFA) may allocate low-income housing income tax credits. In addition, the bill allows these income tax credits to be transferred to other taxpayers.

08:04 PM -- Mr. Steve Johnson, representing CHFA, came to the table to answer questions regarding the bill. The credit cannot be claimed unless the property is placed in service, which is defined as ready to rent to low-income persons.

08:07 PM -- Mr. Louis Pino, Legislative Council Staff, came to the table to answer questions regarding the fiscal note.
BILL:HB15-1383
TIME: 08:14:18 PM
MOVED:Becker K.
MOTION:Refer House Bill 15-1383 to the Committee on Appropriations. The motion passed on a vote of 8-3.
SECONDED:Roupe
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
Yes
Priola
No
Roupe
Yes
Van Winkle
No
Wilson
Yes
Foote
Yes
Court
No
Final YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS