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Senate Finance

Monday, May 11, 2026·▶ Watch / Listen

In its final session of the year, Senate Finance killed two Democratic tax bills at their sponsors' own request, cleared the 'Tamale Act' cottage-foods expansion unanimously, and advanced a contested measure blunting the impact of road-funding Initiative 175 over Republican objections that it overrides the voters.

Key Actions

·Expanding the Colorado Cottage Foods ActPassed

+ 6 more actions

Notable Quotes

“when HR1 passed, Congress effectively cut Colorado taxes without a single vote by this body. That happened because Colorado uses federal taxable income as our starting point.”

Cathy Kipp — Kipp's central rationale for decoupling Colorado's tax code from federal business deductions — a bill she ultimately moved to kill because it faced a certain veto.

+ 6 more quotes

Votes

Referred to Committee on AppropriationsAction
Yes (9)Adrienne Benavidez, Lisa Frizell, Chris Kolker, Kyle Mullica, Byron Pelton, Marc Snyder, Janice Marchman, Cathy Kipp, Cleave Simpson
Postponed indefinitely — bill killedAction
Yes (7)Adrienne Benavidez, Lisa Frizell, Chris Kolker, Kyle Mullica, Byron Pelton, Janice Marchman, Cleave Simpson
No (1)Cathy Kipp
Excused (1)Marc Snyder
Postponed indefinitely — bill killedAction
Yes (7)Adrienne Benavidez, Lisa Frizell, Chris Kolker, Kyle Mullica, Byron Pelton, Cleave Simpson, Janice Marchman
No (1)Cathy Kipp
Excused (1)Marc Snyder
Referred to Committee on AppropriationsAction
Yes (8)Adrienne Benavidez, Kyle Mullica, Byron Pelton, Robert Rodriguez, Cleave Simpson, Marc Snyder, Janice Marchman, Cathy Kipp
No (1)Lisa Frizell
Referred to Committee on AppropriationsAction
Yes (5)Chris Kolker, Janice Marchman, Cathy Kipp, Adrienne Benavidez, Kyle Mullica
No (4)Lisa Frizell, Byron Pelton, Cleave Simpson, Marc Snyder
Referred to Committee on AppropriationsAction
Yes (8)Adrienne Benavidez, Lisa Frizell, Chris Kolker, Kyle Mullica, Marc Snyder, Janice Marchman, Cathy Kipp, Cleave Simpson
No (1)Byron Pelton
Referred to Committee on AppropriationsAction
Yes (6)Adrienne Benavidez, Kyle Mullica, Robert Rodriguez, Marc Snyder, Janice Marchman, Cathy Kipp
No (3)Lisa Frizell, Byron Pelton, Cleave Simpson
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TranscriptPreview
Good afternoon. Welcome to Senate Finance. Sorry, Ms. King, will you please take the roll? Sorry. It's okay. Senators Benavidez. Here. Rosal. Present. Coker. Here. Malika. Here. Fountain B. Present. Simpson. President Snyder. Excuse. Oh, wait. Oh, but so minor Majority Leader Rodriguez is not subbing for him. Okay, then we'll excuse Senator Snyder. He's presenting a bill in another committee. Marchman. Here. Madam Chair. Here. Good afternoon. Welcome to Senate Finance. We are here to hear HB 26, 1033-1221-1222-1418, 1422, 1430 and 1326. Today we are going to go slightly out of order and we're going to pull up our Is there a bill sponsor Co prime joining you. Senator Mobile. We're going to pull up 1221 first with Senators Amabile and Wallace. But Senator Mobile, why don't you kick us off? I'm gonna put it in the thread. Okay. Thanks. Committee. So 1221 is, was. Going to change the amount that CEO of CEO pay that could be deducted from your tax liability. We were going to lower that from 500,000 or maybe it was a million actually to 250,000. And then we were going to shorten the time that you could carry a loss forward. And then…
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