J_COPT_2024A 03/01/2024 01:04:34 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
JOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX

Date

03/01/2024

Attendance
Baisley	E
Jonathan Cappelli	*
deGruy Kennedy	*
Cody Davis	X
Brenda Dones	X
Sean Doughrety	X
Frizell	*
Loren Furman	X
JoAnn Groff	X
Brett Johnson	X
Lori Laske	X
Bob Olme	X
Tamara Pogue	X
Chris Richardson	X
Ann Terry	E
Kevin Vick	X
Jay Yamashita	X
Andy Kerr (Vice Chair)	X
Hansen	X

Time

01:04:34 PM to 04:59:13 PM

Place

Old Supreme Court

This Meeting was called to order by

Hansen

This Report was prepared by

Matthew Becker

Hearing Items	Action Taken
hOpening Remarks	Committee Discussion Only
hDiscussion on Ballot Measures	Committee Discussion Only
hRoadmap Overview and Update on Public Meetings	Committee Discussion Only
hBreakout Groups	Committee Discussion Only
hShare Out of Breakout Groups and Next Steps	Committee Discussion Only
hUpdate on Ballot Initiatives	Committee Discussion Only

Opening Remarks - Committee Discussion Only


	01:05:06 PM	Senator Hansen provided opening remarks.

Discussion on Ballot Measures - Committee Discussion Only

Attachment Tag

File Name

Attachment A

Attachment A.pdf

01:07:59 PM

Michael Fields, representing
Advance Colorado, and Josh Penry, representing Colorado Concern, presented
to the commission about recently submitted ballot initiatives regarding
property tax. Mr. Penry and Mr. Fields responded to questions from
the commission.

01:46:43 PM

Scott Wasserman, Bell Policy Center, presented to the commission about recently submitted ballot measures regarding property tax (Attachment A). Mr. Wasserman responded to questions from the commission.

Roadmap Overview and Update on Public Meetings - Committee Discussion Only


	02:22:28 PM	Renny Fagan and Trace Faust, representing Keystone Policy Center, gave an update on recent public meetings and discussed next steps for the commission.
	02:27:39 PM	The commission recessed to continue the breakout group discussions that began on February 23.

Breakout Groups - Committee Discussion Only

Attachment Tag

File Name

Attachment B

Attachment B.pdf

02:37:18 PM

Commission members
broke out into three separate groups to continue discussing different policy
areas that began on February 23. Notes from each group's discussions are
compiled into Attachment B.

Share Out of Breakout Groups and Next Steps - Committee Discussion Only

04:06:03 PM

Mr. Olme presented a summary of the Assessments Breakout Group. R. Fagan facilitated a discussion among the commission about smoothing and strategies to change residential/nonresidential assessment ratios.

04:31:44 PM

Ernest House Jr., Keystone Policy Group, facilitated a discussion about the Local Control Breakout Group.

04:38:56 PM

Commissioner Davis presented a summary of the Taxpayer Relief Breakout Group, including discussions around monthly payments, expanding the homestead exemption, targeted relief for low- and fixed-income property owners, a non-residential value exemption, expanding the existing deferral program, and adjustable caps. T. Faust facilitated a discussion among the commission.

04:57:09 PM	Motion	Extend the work of the Commission beyond March 15, 2024.
	Moved	Andy Kerr (Vice Chair)
	Seconded

	Baisley	Excused
	Jonathan Cappelli	Yes
	deGruy Kennedy	Yes
	Cody Davis	Yes
	Brenda Dones	Yes
	Sean Doughrety	Yes
	Frizell	Yes
	Loren Furman	Yes
	JoAnn Groff	Yes
	Brett Johnson	Yes
	Lori Laske	Yes
	Bob Olme	Yes
	Tamara Pogue	Yes
	Chris Richardson	Yes
	Ann Terry	Excused
	Kevin Vick	Yes
	Jay Yamashita	Yes
	Andy Kerr (Vice Chair)	Yes
	Hansen	Yes
		YES: 17 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

Update on Ballot Initiatives - Committee Discussion Only

04:59:13 PM

The committee adjourned.