h_bus_2017a_2017-02-21t13:33:14z2 Hearing Summary
Date: 02/21/2017
Location: LSB A
BILL SUMMARY for HB17-1161
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
Votes: View--> | Action Taken: |
Adopt amendment L.001. The motion failed on a vote Postpone House Bill 17-1161 indefinitely. The moti Refer House Bill 17-1161 to the Committee of the W |
FAIL PASS FAIL |
02:47 PM -- HB 17-1161
Representative Beckman, sponsor, introduced House Bill 17-1161. The bill requires that urban renewal authorities (URAs) prepare a public report no later than 90 days after the end of the first fiscal year in which a urban renewal plan using tax increment financing (TIF) has been authorized, and each year thereafter. The report must include information on TIF revenue collected in the previous year, the taxing entities affected, how revenues were spent, projected TIF revenues for the upcoming year, and progress made on urban renewal projects. The report must also include an independent audit of the URA's financial status by a certified public accountant. If the audit identifies that TIF revenue has been used for unauthorized purposes, the URA is liable for the repayment of those tax revenues to the taxing entities. The bill defines eligible costs and eligible improvements for URAs, and specifies that the annual public report be sent to each taxing entity via first class mail and email.
Representative Beckman provided a handout (Attachment C) and amendment L.001 (Attachment D) to the committee.
170221 AttachC.pdf
170221 AttachD.pdf
Representative Beckman responded to questions from the committee.
03:01 PM -- Tim Hoover, Colorado Fiscal Institute, testified in support of the bill.
03:03 PM -- Angela Dougan, Americans for Prosperity, testified in support of the bill. Ms. Dougan responded to questions from the committee.
03:08 PM -- Robin Swartzbacker, representing herself, testified in support of the bill.
03:10 PM -- Bruce Baker, representing himself, testified in support of the bill. Mr. Baker provided a handout to the committee (Attachment E). Mr. Baker responded to questions from the committee.
170221 AttachE.pdf
03:14 PM -- Barbara Kirkmeyer, Weld County Commissioner, testified in support of the bill. Commissioner Kirkmeyer responded to questions from the committee.
03:18 PM -- Carol Brzeczek, representing herself, testified in support of the bill.
03:22 PM -- Patrick Fitzgerald, representing himself, testified in support of the bill.
03:22 PM -- Kevin Bommer, Colorado Municipal League, testified in opposition to the bill. Mr. Bommer responded to questions from the committee and the bill sponsor.
03:34 PM -- Erin Goff, NAIOP Commercial Real Estate Development Association and the International Council of Shopping Centers, testified in opposition to the bill.
BILL: | HB17-1161 | |
TIME: | 03:37:16 PM | |
MOVED: | Nordberg | |
MOTION: | Adopt amendment L.001. The motion failed on a vote of 6-7. | |
SECONDED: | Van Winkle | |
VOTE
|
||
Arndt
|
No
|
|
Coleman
|
No
|
|
Garnett
|
No
|
|
Gray
|
No
|
|
Navarro
|
Yes
|
|
Nordberg
|
Yes
|
|
Rosenthal
|
No
|
|
Sias
|
Yes
|
|
Thurlow
|
Yes
|
|
Van Winkle
|
Yes
|
|
Williams D.
|
Yes
|
|
Winter
|
No
|
|
Kraft-Tharp
|
No
|
|
YES: 6 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL
|
03:38 PM
Representative Beckman and committee members made closing remarks on the bill.
BILL: | HB17-1161 | |
TIME: | 03:47:36 PM | |
MOVED: | Winter | |
MOTION: | Refer House Bill 17-1161 to the Committee of the Whole. The motion failed on a vote of 3-10. | |
SECONDED: | Van Winkle | |
VOTE
|
||
Arndt
|
No
|
|
Coleman
|
No
|
|
Garnett
|
No
|
|
Gray
|
No
|
|
Navarro
|
Yes
|
|
Nordberg
|
No
|
|
Rosenthal
|
No
|
|
Sias
|
No
|
|
Thurlow
|
No
|
|
Van Winkle
|
Yes
|
|
Williams D.
|
Yes
|
|
Winter
|
No
|
|
Kraft-Tharp
|
No
|
|
YES: 3 NO: 10 EXC: 0 ABS: 0 FINAL ACTION: FAIL
|
BILL: | HB17-1161 | |
TIME: | 03:48:26 PM | |
MOVED: | Winter | |
MOTION: | Postpone House Bill 17-1161 indefinitely. The motion passed on a vote of 10-3. | |
SECONDED: | Garnett | |
VOTE
|
||
Arndt
|
Yes
|
|
Coleman
|
Yes
|
|
Garnett
|
Yes
|
|
Gray
|
Yes
|
|
Navarro
|
No
|
|
Nordberg
|
Yes
|
|
Rosenthal
|
Yes
|
|
Sias
|
Yes
|
|
Thurlow
|
Yes
|
|
Van Winkle
|
No
|
|
Williams D.
|
No
|
|
Winter
|
Yes
|
|
Kraft-Tharp
|
Yes
|
|
Final YES: 10 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS
|
03:49 PM
The committee adjourned.