House Finance
The House Finance Committee advanced a bill shielding Colorado nonprofits from losing state tax exemptions when the IRS revokes their federal status for political reasons, over the objections of three Republicans, and unanimously moved two measures easing tax and registration burdens for veterans and deployed service members.
Key Actions
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Notable Quotes
“While mission areas deemed left leaning have come under fire more recently, mission areas that are deemed right leaning have been targeted under previous federal administrations like the Biden and Obama administrations, and could be targeted again in the future.”
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Votes
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Sign in to subscribeThe committee will come to order. Ms. Culver, please call the roll. Representatives Brooks. President Macho. Here. De Graff. Excuse. Garcia. Here. Gonzalez. Here. Hartsook. Here. Marshall. Excused. Stewart. Here. Zokai. Excused. Tatone. Excused. Mr. Chair. Here. Numerically we have a quorum, so let's get going. Our bill sponsors are here on SV26009. Madam Speaker. Thank you Mr. Chair. And still Good morning committee members. Really appreciate the opportunity to present Senate Bill 9 with all of you today. I am honored to be here with Representative Stewart. Want to give a shout out of thanks to Senator Linstedt and Snyder and also thank the Colorado Nonprofit association for bringing this concern to our attention. This legislation is very straightforward. It provides protection for Colorado nonprofits who are certainly critical in supporting the diverse needs in our communities. And I am very proud to be bringing this issue before you today. In recent months we have seen that some nonprofits have been under revocation of their 501 status at the federal level. We as a state in our ability to exercise our authority want to present to you today an opportunity to define the nonprofit status in statute by emphasizing…
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