House Finance

Thursday, February 12, 2026·59m·▶ Watch / Listen

The House Finance Committee advanced two bills to Appropriations on identical 10-to-1 votes: HB 1005, a procedurally misrouted bill sent directly to Appropriations without substantive debate, and HB 1015, which would extend the Colorado Homeless Services Tax Credit through 2030, drawing strong nonprofit support but sparking pointed questions about TABOR implications, FTE costs, and whether a TABOR trigger should be added to the credit.

Key Actions

·HB 1005 – Misrouted Bill Redirected to AppropriationsPassed

+ 1 more action

Controversies

Whether tax credits from HB 1015 could automatically draw from the general fund

Representative But Marshall asked whether, without a safety valve, the credits would 'automatically come right out of the general fund,' while Representative Rick Taggart countered: 'there is no automatic that this can trigger itself into the general fund. There just isn't. So if we're in that position, I can assure you we will be called back as a JBC very quickly.'

+ 3 more controversies

Notable Quotes

“And it's a non refundable tax credit, meaning a person has to owe as much in taxes as any amount they claim as a credit. And just as an example, in 2024, the total number of donations was over 10,000 donations for a total value of over $25 million. And the tax credit authorized by the state was a little over”
Representative Karen McCormick — McCormick, as bill sponsor, was making the case for extending the Colorado Homeless Services Tax Credit through 2030 by citing the program's 2024 utilization data and the ratio of private donations generated to state revenue foregone.

+ 4 more quotes

Votes

Motion to route HB 1005 to the Committee on AppropriationsPassed

Yes (10)Andrew Boesenecker, Sean Camacho, Lorena Garcia, Anthony Hartsook, Bob Marshall, Scott Slaugh, Ron Weinberg, Yara Zokaie, Brianna Titone, Steven Woodrow

No (1)Ryan Gonzalez

Absent (1)Caldwell (noted as subbed out at roll call; no vote recorded)

Motion to route HB 1015 to the Committee on Appropriations with a favorable recommendationPassed

Yes (10)Andrew Boesenecker, Sean Camacho, Lorena Garcia, Ryan Gonzalez, Bob Marshall, Scott Slaugh, Ron Weinberg, Yara Zokaie, Brianna Titone, Steven Woodrow

No (1)Anthony Hartsook

Absent (1)Caldwell (no entry recorded, consistent with earlier note of substitution)

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TranscriptPreview

The committee will come to order. Ms. Culver, please call the roll. Representative Spacenecker? Here. Caldwell is subbed out. Hold on. Camacho? Here. Garcia. Here. Gonzalez. Here. Hartsuk. Here. Marshall. Here. Sloth. Here. Weinberg. Here. Okay. Here. Tatone? Here. Mr. Chair. Here. Good afternoon, everyone. Welcome to substitution day in the House Finance committee. We have two bills under consideration. House Bill 10:05 for action only, followed by 10:15 bill sponsors on 1005. Would you like to make any comments before we vote? Okay, great. So, just for those in the room and listening at home, this bill was incorrectly routed to our committee under the routing memo. It should have gone to straight to the committee on Appropriations like it did last year. And so we are going to vote to reroute it to approps a proper motion. Would route 1005 to appropriations. Madam Vice Chair, I move House Bill 1005 to appropriations. There's been a motion by the Vice Chair. A second by Representative Camacho. Please poll the committee. Representative Space Necker. Yes. Camacho. Yes. Garcia. Gonzalez. No. Artsug? Yes. Marshall. Yes. Sloth. Yes. Weinberg. Yes. Zokai. Yes. Tatone. Yep. Mr. Chair. Yes. That passes on a vote…

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