E39BB32949B34906872588010060AD48 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SB22-026HOUSE COMMITTEE ON FINANCEDate Mar 10, 2022 Location HCR 0112 SB22-026 - Amended, referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/9E8C4F795C50...$File/SB026_L.001 Attachment A.pdf?OpenElement SB026_L.001 Attachment A.pdf 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