S_TRA_2016A 02/11/2016 09:32:43 AM Committee Summary
Final
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON TRANSPORTATION
| Date: | 02/11/2016 |
ATTENDANCE
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| Time: | 09:32 AM to 09:38 AM |
Cooke
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X
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Garcia
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X
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| Place: | SCR 352 |
Todd
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*
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Scott
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X
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| This Meeting was called to order by |
Baumgardner
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X
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| Senator Baumgardner | |||
| This Report was prepared by | |||
| Jessika Shipley | |||
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X = Present, E = Excused, A = Absent, * = Present after roll call
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| Bills Addressed: | Action Taken: | ||
| SB16-087 | Referred to Appropriations | ||
09:33 AM -- SB16-087
Senator Baumgarder introduced Senate Bill 16-087. Under current law, 3 percent of public utilities fees collected by the Department of Revenue (DOR) on behalf of the Public Utilities Commission (PUC) in the Department of Regulatory Agencies (DORA) must be credited to the General Fund. The bill requires these moneys to be diverted to the Highway-Rail Crossing Signalization Fund as follows, with any remainder to be credited to the General Fund:
• in FY 2016-17, the lesser of the total of the 3 percent of public utilities fees or $240,000; and
• in FY 2017-18 and each year thereafter, the lesser of the total of the 3 percent of public utilities fees or $240,000, plus an annual inflation adjustment of 2 percent for each fiscal year beginning in FY 2017-18.
This diversion replaces the existing law that $240,000 be paid annually, subject to annual appropriation, from the General Fund to the Highway-Rail Crossing Signalization Fund.
09:34 AM -- Pam Fischhaber, Department of Regulatory Agencies - Public Utilities Commission, testified in support of the bill.
| BILL: | SB16-087 | |
| TIME: | 09:36:59 AM | |
| MOVED: | Baumgardner | |
| MOTION: | Refer Senate Bill 16-087 to the Committee on Appropriations. The motion passed on a vote of 5-0. | |
| SECONDED: | ||
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VOTE
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Cooke
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Yes
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Garcia
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Yes
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Todd
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Yes
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Scott
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Yes
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Baumgardner
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Yes
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Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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09:38 AM
The committee adjourned.