h_bus_2016a_2016-05-10t10:24:07z2 Hearing Summary

Date: 05/10/2016

11:17 AM -- SB 16-067



Representative Williams introduced Senate Bill 16-067. The bill allows counties with a population of under 60,000 to grant a property tax exemption for personal property used to provide broadband service if one county has an agreement with a broadband service provider to provide service with the county. Municipalities and school districts within the county have 90 days to opt out of offering the exemption. The bill specifies that if school districts do not opt out, the state will not backfill the property tax deduction through the school finance formula. The exemption applies to personal property purchased on or after January 1, 2017, and is available for property tax years 2018 through 2025.



Representative Williams responded to questions from the committee.



11:29 AM -- Mark Soltes, CenturyLink, testified in support of the bill. Mr. Soltes responded to questions from the committee.



11:37 AM -- Patrick Boyle, Colorado Competitive Council, testified in support of the bill. Mr. Boyle responded to questions from the committee.



11:46 AM -- Pete Kirchhof, Colorado Telecommunications Association, testified in support of the bill.



11:50 AM -- Beverly Breakstone, Colorado Assessors' Association, testified in opposition to the bill. Ms. Breakstone responded to questions from the committee.



11:56 AM -- Dianne Criswell, Colorado Municipal League, testified in opposition to the bill. Ms. Criswell provided the committee with a handout (Attachment B).



160510 AttachB.pdf



11:59 AM -- Gino Pingenot, Colorado Counties, Inc., testified in opposition to the bill. Ms. Pingenot provided the committee with two handouts (Attachments C and D).



160510 AttachC.pdf160510 AttachD.pdf



12:02 PM -- Curt Settle, Division of Property Taxation, responded to questions from the committee.



12:11 PM



The bill sponsor and committee members made closing remarks.