CLICS/CLICS2020A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB20-050
SENATE COMMITTEE ON FINANCE
Date Feb 6, 2020
Location SCR 357
SB20-050 - Postponed Indefinitely
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12:17:04 PM |
Senator Woodward introduced Senate Bill
20-050. The bill creates a state income tax credit of up to $500
for eligible educators that incur certain out-of-pocket expenses. Senator
Woodward discussed legal issues related to the introduction of revenue-raising
bills in the Senate.
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12:19:33 PM |
Amber Egbert, Colorado Department of Revenue, responded to questions from the committee regarding the bill's fiscal note and efforts of the department to prevent fraud with regard to refundable tax credits.
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12:22:59 PM |
Senator Gonzales commented on the bill and a similar bill introduced in the House. The committee discussed the issues related to introducing revenue raising bills in the Senate. Committee members commented on the bill.
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12:35:36 PM
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Motion |
Refer Senate Bill 20-050 to the Committee on Appropriations. |
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| Moved |
Hansen |
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| Seconded |
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Hansen |
No |
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Lundeen |
Yes |
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Tate |
Yes |
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Todd |
No |
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Woodward |
Yes |
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Lee |
No |
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Gonzales |
No |
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YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
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12:35:46 PM
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Motion |
Postpone Senate Bill 20-050 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
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| Moved |
Gonzales |
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| Seconded |
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Hansen |
Yes |
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Lundeen |
No |
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Tate |
No |
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Todd |
Yes |
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Woodward |
No |
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Lee |
Yes |
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Gonzales |
Yes |
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Final |
YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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