CLICS/CLICS2022A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB22-119
SENATE COMMITTEE ON FINANCE
Date Mar 16, 2022
Location Old Supreme Court
SB22-119 - Amended, referred to Senate Appropriations
|
|
|
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 |
|
|
