Date: 05/01/2015

Final
BILL SUMMARY for SB15-141

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Adopt amendment L.004 (Attachment C). The motion p
Postpone Senate Bill 15-141 indefinitely. The moti
Refer Senate Bill 15-141, as amended, to the Commi		Pass Without Objection
PASS
FAIL



03:11 PM -- SB15-141

Representative Thurlow, sponsor, introduced Senate Bill 15-141. Starting in property tax year 2016, the bill increases the eligibility for the personal property paid state income tax credit to include all taxpayers up to a $16,000 threshold amount of personal property, or the inflation-adjusted amount, whichever is greater. Each year thereafter, between 2017 and 2019, the threshold is increased by an additional $1,000, or the inflation-adjusted amount, if greater. Representative Thurlow discussed the specifics of the bill. In response to committee questions, Representative Thurlow discussed the benefits of the bill to small businesses.
BILL:SB15-141
TIME: 03:20:49 PM
MOVED:Court
MOTION:Adopt amendment L.004 (Attachment C). The motion passed without objection.
15HouseFin0501AttachC.pdf15HouseFin0501AttachC.pdf
SECONDED:Foote
VOTE
Becker K.
Conti
Garnett
Kagan
Pabon
Priola
Roupe
Van Winkle
Wilson
Foote
Court
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


03:21 PM

Committee discussion ensued.
BILL:SB15-141
TIME: 03:26:23 PM
MOVED:Conti
MOTION:Refer Senate Bill 15-141, as amended, to the Committee on Appropriations. The motion failed on a vote of 5-6.
SECONDED:Priola
VOTE
Becker K.
No
Conti
Yes
Garnett
No
Kagan
No
Pabon
No
Priola
Yes
Roupe
Yes
Van Winkle
Yes
Wilson
Yes
Foote
No
Court
No
YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL


BILL:SB15-141
TIME: 03:27:26 PM
MOVED:Court
MOTION:Postpone Senate Bill 15-141 indefinitely. The motion passed on a vote of 6-5.
SECONDED:Pabon
VOTE
Becker K.
Yes
Conti
No
Garnett
Yes
Kagan
Yes
Pabon
Yes
Priola
No
Roupe
No
Van Winkle
No
Wilson
No
Foote
Yes
Court
Yes
Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS



03:28 PM

The committee adjourned.