CLICS/CLICS2024B/commsumm.nsf
PUBLIC
BILL SUMMARY For HB24B-1004
HOUSE COMMITTEE ON FINANCE
Date Aug 26, 2024
Location LSB B
HB24B-1004 - Postponed Indefinitely
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12:58:19 PM |
Representative Clifford,
prime sponsor, presented House Bill 24B-1004. The bill makes changes to
the reduction in valuations for residential property in non-school local
government entities starting in property tax year 2026. The bill may decrease
and increase local property tax revenue, depending on the area.
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01:01:56 PM |
Mr. Keith Erffmeyer, representing the Colorado Assessor's Association, testified in a neutral position on the bill.
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01:05:13 PM |
Mr. Jonathan Cappelli, representing the Neighborhood Development Collaborative, testified in support of the bill.
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01:08:24 PM |
The witnesses responded to questions from the committee.
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01:16:57 PM |
Elizabeth Ramey, representing Legislative Council Staff, responded to questions about the fiscal note.
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01:26:23 PM |
The committee continued discussing the bill and the fiscal note with Ms. Ramey and the witnesses.
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01:32:49 PM |
The committee took a brief recess.
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01:40:57 PM |
The committee returned to order.
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01:44:21 PM |
Representative Clifford
explained amendment L.001 (Attachment A).
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01:44:23 PM
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Motion |
Adopt amendment L.001 (Attachment A). |
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Moved |
Marshall |
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Seconded |
Lindstedt |
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Bradfield |
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Daugherty |
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Garcia |
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Hartsook |
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Holtorf |
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Kipp |
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Lindstedt |
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Marshall |
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Weinberg |
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McCormick |
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Snyder |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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01:44:34 PM |
Representative Clifford made closing remarks and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.
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01:59:09 PM
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Motion |
Refer House Bill 24B-1004, as amended, to the Committee of the Whole. |
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Moved |
Garcia |
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Seconded |
Kipp |
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Bradfield |
No |
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Daugherty |
No |
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Garcia |
Yes |
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Hartsook |
No |
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Holtorf |
No |
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Kipp |
No |
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Lindstedt |
No |
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Marshall |
No |
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Weinberg |
No |
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McCormick |
No |
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Snyder |
No |
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YES: 1 NO: 10 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
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01:59:34 PM
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Motion |
Postpone House Bill 24B-1004 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. |
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Moved |
Kipp |
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Seconded |
Daugherty |
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Bradfield |
Yes |
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Daugherty |
Yes |
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Garcia |
No |
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Hartsook |
Yes |
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Holtorf |
Yes |
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Kipp |
Yes |
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Lindstedt |
Yes |
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Marshall |
Yes |
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Weinberg |
Yes |
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McCormick |
Yes |
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Snyder |
Yes |
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Final |
YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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