88C45A08F446FDB58725880700704FF5 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SB22-119SENATE COMMITTEE ON FINANCEDate Mar 16, 2022 Location Old Supreme Court SB22-119 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/14D27FABB0A3...$File/Attachment I merged.pdf?OpenElement Attachment I merged.pdf 02:26:48 PM Sens. Simpson and Winter introduced Senate Bill 22-119. The bill changes the Conservation Easement Tax Credit program to create a new transferable tax credit for previously disallowed tax credits and an ombudsman and arbitration process to resolve disputes concerning the distribution of the credit among affected parties. The sponsors answered several committee questions. Written testimony may be found in Attachment I. 02:29:11 PM Ms. Amber Egbert, representing the Colorado Department of Revenue, testified in opposition to the bill. Mr. Aaron Welch, representing the Division of Conservation in the Department of Regulatory Agencies, testified in opposition to the bill. 02:36:05 PM Ms. Jillane Hixson, representing Hixon Farms, testified in support of the bill. Ms. Melissa Daruna, representing Keep It Colorado, testified in support of the bill. Commissioner Merrit Linke, representing himself, testified in support of the bill. 03:00:22 PM Committee discussion with several witnesses ensued. 03:16:23 PM Motion Adopt amendment L.001 (Attachment J) Moved Winter Seconded Hisey Lee Priola Winter Gonzales YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:16:25 PM Sens. Winter and Simpson gave some closing remarks. 03:18:21 PM Motion Refer Senate Bill 22-119, as amended, to the Committee on Appropriations. Moved Winter Seconded Hisey Yes Lee Yes Priola Yes Winter Yes Gonzales Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
