h_fin_2017a_2017-03-27t13:37:39z0 Hearing Summary

Date: 03/27/2017

Location: LSB A

01:38 PM -- HB17-1242



The committee was called to order. A quorum was present. Representatives Duran and Mitsch Bush, co-prime sponsors, presented House Bill 17-1242. The bill, as amended by the House Transportation and Energy Committee, refers a ballot question to voters at the November 2017 election. If the voters approve the ballot question, the bill makes a number of changes to state transportation funding. Committee members received amendments L.062, L.063, L.065, and L.066 (Attachments A through D, respectively). The sponsors addressed questions from the committee.



17HouseFin0327AttachA.pdf 17HouseFin0327AttachB.pdf



17HouseFin0327AttachC.pdf 17HouseFin0327AttachD.pdf



02:08 PM



Mr. Greg Sobetski, Legislative Council Staff, explained the bill's impact on TABOR.





02:15 PM



The sponsors continued to respond to questions from the committee.



02:18 PM -- Mr. Garrett Mueller, representing RBC Capital Markets, was available to answer questions about debt and bonding capacity.



02:21 PM -- Mayor Cathy Noon, representing the Metro Mayors Caucus, testified in support of the bill. Mayor Noon responded to a question from the committee. Mr. Sobetski also responded to the question.



02:31 PM -- Mr. Tony Milo, representing the Colorado Contractors Association, testified in support of the bill.



02:34 PM -- Ms. Loren Furman, representing the Colorado Association of Commerce and Industry, testified in support of the bill.



02:36 PM -- Ms. Marilen Reimer, representing the American Council of Engineering Companies of Colorado, testified in support of the bill. Ms. Reimer responded to a question from the committee.



02:42 PM -- Mr. Andy Karsian, representing the Colorado Department of Transportation, responded to questions from the committee.



02:45 PM -- Mr. Patrick Buhr, an economics student from the University of Colorado at Boulder, testified in support of the bill.



02:49 PM -- Ms. Sandra Hagen Solin, representing the Northern Colorado Legislative Alliance, testified from a neutral position on the bill and responded to questions from the committee.





03:05 PM



Mr. Karsian returned to the table to address additional committee questions.





03:10 PM



Representative Gray explained amendment L.062.

03:20 PM



Representatives Mitsch Bush and Duran made closing remarks on the bill. Members of the committee commented on the merits of the bill.