CDF81DA5DFA179C38725826A006E7A9B Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For HB18-1201HOUSE COMMITTEE ON FINANCEDate Apr 9, 2018 Location LSB A HB18-1201 - Postponed Indefinitely Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/2F600D84156F...$File/18HouseFin0409AttachA.pdf?OpenElement 18HouseFin0409AttachA.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/6E254D2926D1...$File/18HouseFin0409AttachB.pdf?OpenElement 18HouseFin0409AttachB.pdf 02:06:46 PM Representative Thurlow, prime sponsor, presented House Bill 18-1201, which refers a measure to voters that would exempt severance taxes from the state's constitutional revenue and spending limit starting in FY 2019-20. If approved by voters, severance taxes would be exempt from the state revenue limit as long as severance tax credits or exemptions are not reduced and the severance tax distribution to local governments is not decreased. Committee members received a fact sheet about the bill, prepared by the Colorado Municipal Leagure [Attachment A]. 02:15:40 PM Representative Thurlow responded to questions from the committee. Mr. Ed DeCecco, Office of Legislative Legal Services, and Mr. Larson Silbaugh, Legislative Council Staff, also responded to committee questions. 02:26:53 PM Representative Thurlow distributed and explained amendment L.002 [Attachment B]. He also responded to committee questions. 02:31:02 PM Mr. Kevin Bommer, representing the Colorado Municipal League, testified in support of the bill and responded to committee questions. 02:39:53 PM Mr. Bommer continued to respond to committee questions. 03:05:55 PM Mr. Thomas Muldoon, representing himself as a student from the University of Colorado at Boulder, testified in support of the bill. 03:09:20 PM Ms. Dianna Orf, representing the Associated Governments of Northwest Colorado, testified in support of the bill. 03:14:00 PM Mr. Zane Kessler, representing Colorado River Water Conservation District, testified in support of the bill. 03:15:45 PM Mr. Chris Stiffler, representing the Colorado Fiscal Institute, testified in support of the bill. 03:23:08 PM Motion Adopt amendment L.002 [Attachment B]. Moved Thurlow Seconded Van Winkle Beckman Yes Benavidez No Covarrubias Yes Gray No Herod Yes Kennedy Yes Lawrence Yes Michaelson Jenet No Sandridge No Thurlow Yes Van Winkle Yes Foote No Pabon No YES: 7 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: PASS 03:23:45 PM Representative Thurlow made closing remarks on the bill. Members of the committee commented on the merits of the bill. Mr. DeCecco returned to the table to answer a question about amendment L.002. 03:34:27 PM Motion Refer House Bill 18-1201, as amended, to the Committee on Appropriations. Moved Thurlow Seconded Van Winkle Beckman No Benavidez No Covarrubias No Gray No Herod No Kennedy No Lawrence No Michaelson Jenet No Sandridge No Thurlow Yes Van Winkle No Foote No Pabon No YES: 1 NO: 12 EXC: 0 ABS: 0 FINAL ACTION: FAIL 03:34:51 PM Motion Postpone House Bill 18-1201 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. Moved Kennedy Seconded Van Winkle Beckman Yes Benavidez Yes Covarrubias Yes Gray Yes Herod Yes Kennedy Yes Lawrence Yes Michaelson Jenet Yes Sandridge Yes Thurlow No Van Winkle Yes Foote Yes Pabon Yes Final YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS