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E39BB32949B34906872588010060AD48 Hearing Summary




PUBLIC
BILL SUMMARY For SB22-026

HOUSE COMMITTEE ON FINANCE
Date Mar 10, 2022      
Location HCR 0112



SB22-026 - Amended, referred to the Committee of the Whole


10:36:01 AM  
Representatives Boesenecker and Rich, co-sponsors, presented Senate Bill 22-026. The bill specifies that oil and gas fractional interest owners are not entitled to separate notification procedures by the county assessor. They distributed amendment L.001 (Attachment A) and responded to questions from the committee.
10:42:45 AM  
Ms. Brenda Dones, representing the Colorado Assessors' Association, testified in support of the bill. She responded to questions from the committee.
10:56:24 AM  

The committee continued to ask Ms. Dones questions about oil and gas property taxation.

11:13:51 AM  
Representative Rich related comments from the Mesa County Assessor.
11:15:14 AM  
Mr. Jim Cole, representing
the Colorado Oil and Gas Association, testified in support of the bill.
 He responded to questions from the committee.


11:25:21 AM
Motion Adopt amendment L.001 (Attachment A).
Moved Rich
Seconded Snyder
Benavidez
Daugherty
Gray
Kipp
Luck
Mullica
Rich
Sandridge
Soper
Snyder
Bird
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:25:25 AM  
The sponsors made closing remarks and asked for a favorable recommendation.
11:27:13 AM  
Members of the committee commented about their positions on the bill.


11:30:05 AM
Motion Refer Senate Bill 22-026, as amended, to the Committee of the Whole.
Moved Rich
Seconded Snyder
Benavidez Yes
Daugherty Yes
Gray Yes
Kipp Yes
Luck Yes
Mullica Yes
Rich Yes
Sandridge Yes
Soper Yes
Snyder Yes
Bird Yes
Final YES: 11   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS