J_COPT_2024A 02/23/2024 01:02:27 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX Date 02/23/2024 Attendance Baisley X Jonathan Cappelli X Guyleen Castriotta X deGruy Kennedy X Cody Davis X Brenda Dones X Sean Doughrety X Frizell X Loren Furman X JoAnn Groff X Brett Johnson X Lori Laske X Bob Olme X Tamara Pogue X Chris Richardson X Ann Terry X Kevin Vick X Andy Kerr (Vice Chair) X Hansen X Time 01:02:27 PM to 04:59:41 PM Place Old Supreme Court This Meeting was called to order by Hansen This Report was prepared by Adam Alemzada Hearing Items Action Taken hBusiness Considerations Committee Discussion Only hPresentation on Primary Residence Exemption Committee Discussion Only hPresentation from Special Districts Committee Discussion Only hPresentation by Department of Revenue Committee Discussion Only hUpdate on Public Outreach Meetings Committee Discussion Only hBreakout Groups Committee Discussion Only hShare Out from Breakout Groups and Next Steps Committee Discussion Only hUpdate on Ballot Initiatives Committee Discussion Only Business Considerations - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/E9E92753B152...$File/Attachment A - Colorado Property Tax Impacts on Business.pdf?OpenElement Attachment A - Colorado Property Tax Impacts on Business.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/0F9649191CBE...$File/Attachment B - 2024 Small Business Taxation Equity Act.pdf?OpenElement Attachment B - 2024 Small Business Taxation Equity Act.pdf Attachment C http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/57139072D0FD...$File/Attachment C - East Colfax Community Collective Handout.pdf?OpenElement Attachment C - East Colfax Community Collective Handout.pdf 01:02:31 PM The Chair and Vice Chair provided opening remarks. 01:06:14 PM Michael Van Donselaar, Director, Kroll, and Matt Poling, Principal, Ryan LLC, presented to the commission (Attachment A). 01:20:40 PM The panelists responded to questions from the commission. 01:31:54 PM Nadeen M Ibrahim, Organizing Director, East Colfax Community Collective, Cherlyn Haliburton, Helen Tekle, Rosalyn Redwine, and Jonathan Singer presented to the commission (Attachment B) and distributed a handout (Attachment C). 01:48:04 PM The panelists responded to questions from the commission. Presentation on Primary Residence Exemption - Committee Discussion Only Attachment Tag File Name Attachment D http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/33A5042F1CA7...$File/Attachment D - Homestead Exemptions Considerations for Colorado.pdf?OpenElement Attachment D - Homestead Exemptions Considerations for Colorado.pdf 01:54:26 PM Adam Langley, Associate Director of Tax Policy, Lincoln Institute of Land Policy, presented to the commission (Attachment D). 02:15:32 PM The panelist responded to questions from the commission. Presentation from Special Districts - Committee Discussion Only Attachment Tag File Name Attachment E http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/41BAD2042AEC...$File/Attachment E - Colorado Mountain College.pdf?OpenElement Attachment E - Colorado Mountain College.pdf Attachment F http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/1404DC0B8095...$File/Attachment F - Colorado River District.pdf?OpenElement Attachment F - Colorado River District.pdf 02:20:07 PM Allison Ulmer, Vice-President, Special Districts Association, presented to the commission. 02:30:43 PM Matt Gianneschi, COO & Chief of Staff, Colorado Mountain College, presented to the commission (Attachment E). 02:37:38 PM Amy Moyer, Director of Strategic Partnerships, Colorado River District, presented to the commission (Attachment F). 02:42:34 PM The panelists responded to questions from the commission. Presentation by Department of Revenue - Committee Discussion Only Attachment Tag File Name Attachment G http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/0F3903B7A4A4...$File/Attachment G - Department of Revenue.pdf?OpenElement Attachment G - Department of Revenue.pdf 02:46:06 PM Josh Pens, Director of Tax Policy, and Amber Egbert, Director of Research and Legislative Services - Tax Division, presented to the commission (Attachment G). 03:02:43 PM The panelists responded to questions from the commission. Update on Public Outreach Meetings - Committee Discussion Only Attachment Tag File Name Attachment H http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/373FDF55833D...$File/Attachment H - Keystone Overview.pdf?OpenElement Attachment H - Keystone Overview.pdf 03:06:15 PM Trace Faust and Renny Fagan, Keystone Policy Group, provided an update on what they have been hearing at public engagement meetings (Attachment H). 03:12:09 PM The commission recessed to break out into groups. 03:24:00 PM The commission reconvened in three groups. Breakout Groups - Committee Discussion Only Attachment Tag File Name Attachment I http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/FEEB2EE141EA...$File/Attachment I - Breakout Group Discussions.pdf?OpenElement Attachment I - Breakout Group Discussions.pdf 03:24:35 PM Commission members broke out into three separate groups to discuss different policy areas. Notes from each group's discussions are compiled into Attachment I. 04:27:57 PM The commission recessed. 04:28:13 PM The commission reconvened. Share Out from Breakout Groups and Next Steps - Committee Discussion Only 04:31:54 PM Commission members shared key points from their group's discussions. Update on Ballot Initiatives - Committee Discussion Only Attachment Tag File Name Attachment J http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/88E078CA0870...$File/Attachment J - Submitted Written Testimony.pdf?OpenElement Attachment J - Submitted Written Testimony.pdf 04:49:27 PM Greg Sobetski, Legislative Council Staff, provided an update on ballot initiatives related to property tax. 04:51:12 PM Mr. Sobetski responded to questions from the commission. 04:56:58 PM The Chair made closing remarks. 04:58:10 PM Written testimony submitted to the commission from February 9 through February 23 is appended as Attachment J. 04:59:41 PM The committee adjourned.