H_FIN_2016A 02/25/2016 Committee Summary
Final
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
Date: | 02/25/2016 |
ATTENDANCE
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Time: | 10:20 AM to 11:54 AM |
Becker K.
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X
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Conti
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X
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Place: | LSB A |
Garnett
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*
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Kagan
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X
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This Meeting was called to order by |
Pabon
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*
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Representative Court |
Priola
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*
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Roupe
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X
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This Report was prepared by |
Van Winkle
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X
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Katie Ruedebusch |
Wilson
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X
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Foote
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X
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Court
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X
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X = Present, E = Excused, A = Absent, * = Present after roll call
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Bills Addressed: | Action Taken: | ||
Presentation on Fiscal Notes and Dynamic Modeling HB16-1089 HB16-1056 |
Witness Testimony and/or Committee Discussion Only Amended, Referred to Appropriations Referred to Appropriations |
Representative Court, chair, called the meeting to order.
10:21 AM -- Presentation on Fiscal Notes and Dynamic Modeling
Director Mike Mauer, Legislative Council Staff, came to the table to discuss fiscal notes and the use of dynamic modeling. He discussed the history of the use of dynamic modeling in fiscal notes in other states and the General Assembly's previous discussions regarding dynamic modeling. He distributed a memorandum to the committee (Attachment A). Committee discussion ensued.
16HouseFin0225AttachA.pdf
Ms. Natalie Mullis, Legislative Council Staff, came to the table to answer committee questions. Committee discussion ensued.
10:56 AM -- HB16-1089
Representative Moreno, sponsor, introduced House Bill 16-1089. The bill creates an income tax credit for contributions made to an endowment of a Colorado charitable organization. Eligible endowment funds do not include donor advised funds or funds for a private foundation. The credit is equal to 25 percent of the contribution and the maximum credit allowed is $25,000 per taxpayer per year. The credit is nonrefundable, but can be carried forward for five years, and is available starting in tax year 2016. Representative Moreno distributed amendment L.002 (Attachment B) to the committee. Representative Court distributed amendment L.001 (Attachment C) to the committee.
16HouseFin0225AttachB.pdf
16HouseFin0225AttachC.pdf
11:03 AM -- Ms. Ali Mickelson, representing the Colorado Fiscal Institute, came to the table to testify against the bill.
11:09 AM -- Mr. Renny Fagan, representing the Colorado Nonprofit Association, came to the table to testify in support of the bill. He distributed a handout to the committee (Attachment D). He mentioned that Mile High United Way and Jewish Colorado support the bill.
16HouseFin0225AttachD.pdf
11:20 AM -- Ms. Marla Williams, representing Community First Foundation, came to the table to testify in support of the bill.
11:24 AM -- Ms. Mary Pat Rooney, representing the Denver Museum of Nature and Science, came to the table to testify in support of the bill.
11:27 AM -- Ms. Lydia McCoy, representing Ray of Hope Cancer Foundation, came to the table to testify in support of the bill.
11:31 AM -- Ms. Joanne Kelley, representing Colorado Association of Funders, came to the table to testify in support of the bill.
BILL: | HB16-1089 | |
TIME: | 11:35:21 AM | |
MOVED: | Court | |
MOTION: | Adopt amendment L.001 (Attachment C). The motion passed without objection. | |
SECONDED: | Pabon | |
VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Priola
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Roupe
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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BILL: | HB16-1089 | |
TIME: | 11:35:41 AM | |
MOVED: | Court | |
MOTION: | Adopt amendment L.002 (Attachment B). The motion passed without objection. | |
SECONDED: | Pabon | |
VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Priola
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Roupe
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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BILL: | HB16-1089 | |
TIME: | 11:36:07 AM | |
MOVED: | Kagan | |
MOTION: | Refer House Bill 16-1089, as amended, to the Committee on Appropriations. The motion passed on a vote of 9-2. | |
SECONDED: | Garnett | |
VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Priola
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Yes
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Roupe
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Yes
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Van Winkle
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No
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Wilson
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Yes
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Foote
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Yes
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Court
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No
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Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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11:39 AM -- HB16-1056
Representative Tyler, sponsor, introduced House Bill 16-1056. The bill, recommended by the Transportation Legislation Review Committee, broadens the records search employed by the Department of Revenue (DOR) to locate owners and lienholders of abandoned motor vehicles. DOR must perform a national records search using a qualified entity that has a national database and that can retrieve records based both on the vehicle's VIN (vehicle identification number) and registration number (license plate). The bill also increases the notification deadline, from three to five days, in which tow operators must determine whether there is an owner or lienholder registered with DOR and send notice to those parties, and clarifies that the time spent by the DOR conducting the national records search does not count against the tow operator's 10-day deadline to contact the motor vehicle's owner or lienholder.
11:46 AM -- Ms. Erin Reynolds, Legislative Council Staff, came to the table to answer questions regarding the fiscal note.
BILL: | HB16-1056 | |
TIME: | 11:51:23 AM | |
MOVED: | Van Winkle | |
MOTION: | Refer House Bill 16-1056 to the Committee on Appropriations. The motion passed on a vote of 11-0. | |
SECONDED: | Priola | |
VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Priola
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Yes
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Roupe
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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11:54 AM
The committee adjourned.