B45AE85CDC6F215E8725897B00601010 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For SB23-175SENATE COMMITTEE ON FINANCEDate Mar 23, 2023 Location SCR 357 SB23-175 - Referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/DD89ED16D255...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/A39B127DEBEC...$File/Attachment B.pdf?OpenElement Attachment B.pdf 11:29:18 AM Sens. Jaquez Lewis and Rich introduced Senate Bill 23-175. The bill creates automatic and recurring 20-year extension periods for property tax increment financing arrangements for downtown development authorities. The sponsors answered committee questions. 11:36:47 AM Mrs. Gini Pingenot, representing Colorado Counties Inc, testified to amend the bill. Former Commissioner Dave Paul, representing themself, testified to amend the bill. Commissioner Cody Davis, representing Mesa County, testified to amend the bill. Commissioner Scott James, representing Colorado Counties, Inc, testified to amend the bill. The witnesses answered several committee questions. 11:49:31 AM Mr. Matt Robenalt, representing the Fort Collins Downtown Development Authority, testified in support of the bill. Ms. Kimberlee McKee, representing the Longmont Downtown Development Authority, testified in support of the bill. Katherine Correll, representing the Downtown Colorado, Inc. on behalf of the Economic Development Council of Colorado (EDCC), testified in support of the bill. Commissioner Marta Loachamin, representing Boulder County, testified in support of the bill. 11:51:19 AM Jaclyn Terwey, representing the Colorado Municipal League, testified in support of the bill. Mayor Joan Peck, representing themself, testified in support of the bill. Mayor Anna Stout, representing the City of Grand Junction, testified in support of the bill. Kevin Tilson, representing themself, testified in support of the bill. 12:09:21 PM Ted Zibell, representing themself, testified in support of the bill. Commissioner Kristin Stephens, representing themself, testified in support of the bill. Mr. Nels Wroe, representing Dry Land Distillers, testified in support of the bill. Sean Gafner, representing themself, testified in support of the bill. Mr. Cole Hanson, representing The Gear Junction, testified in support of the bill. Bill Shrum, representing Downtown Colorado, Inc., testified in support of the bill. 12:10:06 PM Mrs. Bianca Fisher, representing the Greeley Downtown Development Authority, testified in support of the bill. Joe Rowan, representing the Northern Colorado Legislative Alliance, testified in support of the bill. Mr. Tony Werckman, representing the Division of Property Tax, was available to answer committee questions. 12:23:55 PM Ms. Kimberlee McKee read the testimony of Mr. Brandon Stam in support of the bill. 12:32:57 PM Motion Adopt amendment L.001 (Attachment A) Moved Priola Seconded Priola Simpson Smallwood Van Winkle Winter F. Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:34:28 PM Motion Adopt amendment L.002 (Attachment B) Moved Priola Seconded Priola Simpson Smallwood Van Winkle Winter F. Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:34:41 PM The sponsors gave some closing remarks and asked for a favorable recommendation. 12:39:25 PM Motion Refer Senate Bill 23-175 to the Committee of the Whole. Moved Kolker Seconded Priola Yes Simpson Yes Smallwood No Van Winkle No Winter F. Yes Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
