844D3729601C6049872586AE00772DE7 Hearing Summary

PUBLIC
BILL SUMMARY For SB21-020

HOUSE COMMITTEE ON FINANCE
Date Apr 5, 2021
Location HCR 0112

SB21-020 - Referred to the Committee of the Whole

03:41:49 PM

Representatives A.
Valdez and Soper presented Senate Bill 21-020 to the committee. This
bill requires clean energy resources, energy storage facilities, and solar
facilities with a generation capacity of under 2 megawatts to be valued
for property tax purposes using the âincome approachâ rather than the
âcost approachâ beginning January 1, 2021.

03:42:12 PM

Marc Carey, Legislative Council Staff, responded to committee members' questions.

03:59:46 PM

Emilie Olson, representing Advanced Energy Economy, testified in support of the bill.

04:16:51 PM

John Dailey, representing NextEra Energy Resources, testified in support of the bill.

04:19:21 PM

Rikki Seguin, representing Interwest Energy Alliance, testified in support of the bill.

04:29:37 PM

Daniel Merkle, representing Pivot Energy, testified in support of the bill.

04:37:49 PM

Representatives Valdez and Soper wrapper up their presentation to the committee.

05:04:01 PM	Motion	Refer Senate Bill 21-020 to the Committee of the Whole.
	Moved	Snyder
	Seconded	Gray

	Benavidez	No
	Bradfield	No
	Daugherty	Yes
	Gonzales-Gutierrez	Yes
	Gray	Yes
	Kipp	Yes
	Luck	No
	Rich	No
	Sandridge	No
	Snyder	Yes
	Bird	Yes
	Final	YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB21-020 - Referred to the Committee of the Whole

Colorado General Assembly