74A884E177FEC75987258832007B5F3E Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SB22-138HOUSE COMMITTEE ON ENERGY & ENVIRONMENTDate Apr 28, 2022 Location LSB A SB22-138 - Referred to House Finance Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/9D56D09CC3C1...$File/Attachment E Merged.pdf?OpenElement Attachment E Merged.pdf 04:27:35 PM Co-sponsors, Representatives McCormick and A. Valdez, introduced and gave a brief overview of Senate Bill 22-138. This bill creates a state income tax credit for electric-powered small off-road equipment, requires PERA and insurance companies to study climate risks to their investment portfolios, authorizes the Department of Natural Resources to regulate Class VI injection wells, and requires the Department of Agriculture to study carbon sequestration opportunities in the agriculture sector. 04:30:01 PM The sponsors answered questions from the committee. 04:48:40 PM Cindy Copeland, representing Boulder County, testified in support of the bill. Mr Jordan Beezley, representing the Colorado Department of Agriculture, testified in support of the bill. Mr. George Twigg, representing the Colorado Department of Public Health and Environment, was available to answer committee questions. 05:07:14 PM The panel answered questions from the committee. 05:07:28 PM Alice Horgan, representing the Colorado Department of Natural Resources, testified in support of the bill. Anita Seitz, representing Colorado Communities for Climate Action, testified in support of the bill. Dr. Alex DeGolia, representing the Environmental Defense Fund, testified in support of the bill. 05:26:10 PM The panel answered questions from the committee. 05:33:45 PM Grace Taub, representing herself, testified in support of the bill. Clara Taub, representing herself, testified in support of the bill. Beckett Nelson-Gardner, representing himself, testified in support of the bill. Karey Christ-Janer, representing herself, testified in support of the bill. 05:45:36 PM Charles Perko, representing the United Steelworkers in Colorado District 12, testified to amend. George Marlin, representing himself, testified in support of the bill. 05:57:42 PM The panel answered questions from the committee. 05:58:01 PM Ms. Jan Rose, representing the Colorado Coalition for a Liveable Climate, testified in support of the bill. 06:00:28 PM Ms. Rose answered questions from the committee. Additional written testimony is included as Attachments E.1 and E.2. 06:06:09 PM The sponsors gave closing comments on the bill. 06:09:51 PM The committee gave closing comments on the bill. 06:20:02 PM Motion Refer Senate Bill 22-138 to the Committee on Finance. Moved Valdez A. Seconded Titone Bernett Yes Cutter Yes Froelich Yes Hanks Excused Pico No Sirota Yes Soper No Titone Yes Weissman Yes Will No Woog No Hooton Yes Valdez A. Yes Final YES: 8 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS