Final
BILL SUMMARY for
HB05-1290
HOUSE
COMMITTEE ON
FINANCE
Votes:
Action Taken:
Refer HB 05-1290, to the Committee of the Whole.
PASS
10:42 AM -- House Bill 05-1290 - Concerning Incentives for Alternative Fuel Vehicles
Representative Pommer, prime sponsor, explained that state law allows for a state income tax credit for the purchase of alternative fuel and hybrid fuel vehicles. He commented that House Bill 05-1290 extends this credit. Representative Pommer mentioned that the bill's provisions that allowed hybrid and inherently low-emission vehicles to operate on a publicly-financed toll highway without paying a toll were struck from the bill (Section 2) in the House Transportation Committee.
The following person testified:
10:45 AM
-- Mr. Tim Jackson, Colorado Auto Dealers Association, testified in support of the legislation. He commented on the hybrid vehicles that are on the market in Colorado and the high demand for the vehicles. He responded to several committee questions saying that the average hybrid vehicle costs between $35,000 and $37,000 and the tax credits in House Bill 05-1290 will help make these vehicles more affordable.
BILL:
HB05-1290
TIME:
10:50:38 AM
MOVED:
Jahn
MOTION:
Refer HB 05-1290, to the Committee of the Whole. The motion passed on a 11-0-2 vote.
SECONDED:
Marshall
VOTE
Benefield
Yes
Cloer
Yes
Crane
Yes
Frangas
Excused
Garcia
Yes
Jahn
Yes
Marshall
Yes
Massey
Yes
May M.
Excused
McCluskey
Yes
Witwer
Yes
Judd
Yes
Vigil
Yes
Final
YES:
11
NO:
0
EXC:
2
ABS:
0
FINAL ACTION:
PASS