DE7AA4EA1DC407038725896D005AEC2A Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For HB23-1054HOUSE COMMITTEE ON FINANCEDate Mar 9, 2023 Location HCR 0112 HB23-1054 - Postponed Indefinitely Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/FBA4601B1401...$File/Attachment A HB1054_L.001.pdf?OpenElement Attachment A HB1054_L.001.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/1F3023436529...$File/Attachment B House Bill 23-1054 - L_001 Memo.pdf?OpenElement Attachment B House Bill 23-1054 - L_001 Memo.pdf 09:33:11 AM Representative Frizell, prime sponsor, presented House Bill 23-1054. The bill eliminates the 2023 property reassessment for most classes of property, and makes additional changes to property valuations and assessment rates for the 2023 and 2024 property tax years. She provided amendment L.001 (Attachment A) and a memorandum concerning the fiscal impact of the amendment (Attachment B). 09:37:45 AM Representative Frizell discussed the property valuation process. 09:42:33 AM Representative Frizell responded to questions from the committee. 09:50:39 AM The committee discussed the amendment and the memorandum. 09:54:52 AM David Hansen, representing Legislative Council Staff, came to the table to explain the fiscal impact of amendment L.001. 10:07:16 AM Discussion continued with Mr. Hansen. 10:15:46 AM Discussion continued. 10:17:33 AM Mr. Toby Damisch, representing himself, testified in support of the bill. He responded to questions from the committee. 10:24:52 AM Mayor Sharon Thompson, representing the City of Fountain, testified in support of the bill. 10:26:44 AM The committee took a brief recess. 10:28:36 AM The committee returned to order. 10:29:13 AM Scott Wasserman, representing the Bell Policy Center, testified in opposition to the bill. He responded to questions from the committee. 10:39:00 AM Committee discussion with Mr. Wasserman continued. 10:42:57 AM Motion Adopt amendment L.001 (Attachment A). Moved Frizell Seconded Joseph deGruy Kennedy Daugherty Frizell Hartsook Kipp Lindstedt Marshall Taggart Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:43:19 AM Representative Frizell wrapped up her presentation of the bill and asked for a favorable recommendation. 10:47:33 AM Members of the committee commented about their positions on the bill. 10:59:03 AM Motion Refer House Bill 23-1054, as amended, to the Committee on Appropriations. Moved Frizell Seconded Marshall deGruy Kennedy No Daugherty No Frizell Yes Hartsook Yes Kipp No Lindstedt No Marshall Yes Taggart Yes Weinberg Yes Joseph No Snyder No YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:59:35 AM Motion Postpone House Bill 23-1054 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. Moved deGruy Kennedy Seconded Lindstedt deGruy Kennedy Yes Daugherty Yes Frizell No Hartsook No Kipp Yes Lindstedt Yes Marshall No Taggart No Weinberg No Joseph Yes Snyder Yes Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS