Bill Summary for Bill Number HB15-1234

Date: 04/01/2015

Final
BILL SUMMARY for HB15-1234

HOUSE COMMITTEE ON FINANCE

Votes: View-->	Action Taken:
Adopt amendment L.005 (Attachment C). The motion p Adopt amendment L.005 (Attachment C). The motion p Adopt amendment L.006 (Attachment D). The motion p Postpone House Bill 15-1234 indefinitely. The moti Reconsider the adoption of amendment L.005 (Attach Refer House Bill 15-1234, as amended, to the Commi	Pass Without Objection Pass Without Objection Pass Without Objection FAIL PASS PASS

02:55 PM -- HB15-1234

Representative Mitsch Bush, sponsor, introduced House Bill 15-1234. The bill, as amended by the House Agricultural Committee, creates an income tax deduction for taxpayers that lease an agricultural asset, defined as land, crops, livestock, livestock facilities, farm equipment, grain storage, or irrigation equipment, to a beginning farmer or rancher satisfying certain qualifications. Representative Mitsch Bush noted that the bill helps younger Coloradans stay in the agricultural industry. She distributed amendment L.005 (Attachment C) and amendment L.006 (Attachment D).

15HouseFin0401AttachC.pdf

15HouseFin0401AttachD.pdf

03:05 PM -- Mr. Nicolas Colglazier, representing the Colorado Farm Bureau, testified in support of the bill. He noted that the bill is a small investment that helps beginning farmers or ranchers in Colorado.


BILL:	HB15-1234
TIME:	03:14:25 PM
MOVED:	Court
MOTION:	Adopt amendment L.005 (Attachment C). The motion passed without objection.
SECONDED:	Becker K.
		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


BILL:	HB15-1234
TIME:	03:19:27 PM
MOVED:	Court
MOTION:	Reconsider the adoption of amendment L.005 (Attachment C). The motion passed on a vote of 10-0.
SECONDED:	Pabon
		VOTE
	Becker K.	Yes
	Conti	Yes
	Garnett	Yes
	Kagan	Yes
	Pabon	Yes
	Priola	Yes
	Roupe	Yes
	Van Winkle	Yes
	Wilson	Excused
	Foote	Yes
	Court	Yes

YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS


BILL:	HB15-1234
TIME:	03:20:04 PM
MOVED:	Pabon
MOTION:	Adopt amendment L.006 (Attachment D). The motion passed without objection.
SECONDED:	Priola
		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


BILL:	HB15-1234
TIME:	03:21:45 PM
MOVED:	Court
MOTION:	Adopt amendment L.005 (Attachment C). The motion passed without objection.
SECONDED:	Becker K.
		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


BILL:	HB15-1234
TIME:	03:23:25 PM
MOVED:	Van Winkle
MOTION:	Postpone House Bill 15-1234 indefinitely. The motion failed on a vote of 3-7.
SECONDED:	Foote
		VOTE
	Becker K.	Yes
	Conti	No
	Garnett	No
	Kagan	No
	Pabon	Yes
	Priola	No
	Roupe	No
	Van Winkle	Yes
	Wilson	Excused
	Foote	No
	Court	No

YES: 3 NO: 7 EXC: 1 ABS: 0 FINAL ACTION: FAIL


BILL:	HB15-1234
TIME:	03:25:48 PM
MOVED:	Court
MOTION:	Refer House Bill 15-1234, as amended, to the Committee on Appropriations. The motion passed on a vote of 8-2.
SECONDED:	Roupe
		VOTE
	Becker K.	Yes
	Conti	Yes
	Garnett	Yes
	Kagan	No
	Pabon	Yes
	Priola	Yes
	Roupe	Yes
	Van Winkle	No
	Wilson	Excused
	Foote	Yes
	Court	Yes

Final YES: 8 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS