|
PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
| Date |
08/26/2024 |
| Attendance |
| Bradfield |
X |
| Daugherty |
X |
| Garcia |
X |
| Hartsook |
X |
| Holtorf |
X |
| Kipp |
X |
| Lindstedt |
X |
| Marshall |
X |
| Weinberg |
X |
| McCormick |
X |
| Snyder |
X |
|
| Time |
11:13:36 AM to 02:35:36 PM |
| Place |
LSB B |
| This Meeting was called to order by |
Snyder |
| This Report was prepared by |
Jessika Shipley |
|
| Hearing Items |
Action Taken |
| hHB24B-1004 |
Postponed Indefinitely |
| hHB24B-1006 |
Postponed Indefinitely |
| hHB24B-1009 |
Postponed Indefinitely |
|
|
HB24B-1005 - Committee Discussion Only
|
|
|
11:14:52 AM |
Representative Garcia, prime sponsor, presented House Bill 24B-1005. The bill makes changes to the value reductions for residential property in non-school local government entities starting in property tax year 2025. She responded to questions from the committee.
|
|
11:28:31 AM |
The committee took a brief recess.
|
|
11:56:15 AM |
The committee returned to order.
|
|
11:57:29 AM |
Representative Garcia
reintroduced House Bill 24B-1005 due to earlier audio problems and discussed
the bill with the committee.
|
|
11:59:08 AM |
Representative Garcia continued to respond to questions from the committee.
|
|
12:11:54 PM |
The committee continued
to discuss the bill with Representative Garcia.
|
|
12:20:05 PM |
Elizabeth Ramey, representing Legislative Council Staff, responded to committee questions about the fiscal impact of the bill.
|
|
12:25:10 PM |
Mr. Jonathan Cappelli, representing the Neighborhood Development Collaborative, testified in support of the bill.
|
|
12:27:51 PM |
Mr. Keith Erffmeyer, representing the Colorado Assessor's Association, testified in a neutral position on the bill.
|
|
12:31:00 PM |
Mr. Tony Werckman, representing the Department of Local Affairs, Division of Property Taxation, was available to answer committee questions.
|
|
12:35:15 PM |
The witnesses responded to questions from the committee.
|
|
12:44:23 PM |
Representative Garcia wrapped up her testimony on the bill and asked for a favorable recommendation. Members of the committee commented on their positions on the bill.
|
HB24B-1005 - Postponed Indefinitely
|
|
12:57:40 PM
|
Motion |
Refer House Bill 24B-1005 to the Committee of the Whole. |
|
| Moved |
Garcia |
|
| Seconded |
Kipp |
|
|
|
|
|
Bradfield |
No |
|
|
Daugherty |
No |
|
|
Garcia |
Yes |
|
|
Hartsook |
No |
|
|
Holtorf |
No |
|
|
Kipp |
Yes |
|
|
Lindstedt |
No |
|
|
Marshall |
Yes |
|
|
Weinberg |
No |
|
|
McCormick |
No |
|
|
Snyder |
No |
|
|
|
YES: 3 NO: 8 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
|
|
12:58:06 PM
|
Motion |
Postpone House Bill 24B-1005 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
| Moved |
Kipp |
|
| Seconded |
McCormick |
|
|
|
|
|
Bradfield |
Yes |
|
|
Daugherty |
Yes |
|
|
Garcia |
No |
|
|
Hartsook |
Yes |
|
|
Holtorf |
Yes |
|
|
Kipp |
No |
|
|
Lindstedt |
Yes |
|
|
Marshall |
No |
|
|
Weinberg |
Yes |
|
|
McCormick |
Yes |
|
|
Snyder |
Yes |
|
|
Final |
YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
HB24B-1004 - Postponed Indefinitely
|
|
|
12:58:19 PM |
Representative Clifford,
prime sponsor, presented House Bill 24B-1004. The bill makes changes to
the reduction in valuations for residential property in non-school local
government entities starting in property tax year 2026. The bill may decrease
and increase local property tax revenue, depending on the area.
|
|
01:01:56 PM |
Mr. Keith Erffmeyer, representing the Colorado Assessor's Association, testified in a neutral position on the bill.
|
|
01:05:13 PM |
Mr. Jonathan Cappelli, representing the Neighborhood Development Collaborative, testified in support of the bill.
|
|
01:08:24 PM |
The witnesses responded to questions from the committee.
|
|
01:16:57 PM |
Elizabeth Ramey, representing Legislative Council Staff, responded to questions about the fiscal note.
|
|
01:26:23 PM |
The committee continued discussing the bill and the fiscal note with Ms. Ramey and the witnesses.
|
|
01:32:49 PM |
The committee took a brief recess.
|
|
01:40:57 PM |
The committee returned to order.
|
|
01:44:21 PM |
Representative Clifford
explained amendment L.001 (Attachment A).
|
01:44:23 PM
|
Motion |
Adopt amendment L.001 (Attachment A). |
|
| Moved |
Marshall |
|
| Seconded |
Lindstedt |
|
|
|
|
|
Bradfield |
|
|
|
Daugherty |
|
|
|
Garcia |
|
|
|
Hartsook |
|
|
|
Holtorf |
|
|
|
Kipp |
|
|
|
Lindstedt |
|
|
|
Marshall |
|
|
|
Weinberg |
|
|
|
McCormick |
|
|
|
Snyder |
|
|
|
|
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
|
01:44:34 PM |
Representative Clifford made closing remarks and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.
|
01:59:09 PM
|
Motion |
Refer House Bill 24B-1004, as amended, to the Committee of the Whole. |
|
| Moved |
Garcia |
|
| Seconded |
Kipp |
|
|
|
|
|
Bradfield |
No |
|
|
Daugherty |
No |
|
|
Garcia |
Yes |
|
|
Hartsook |
No |
|
|
Holtorf |
No |
|
|
Kipp |
No |
|
|
Lindstedt |
No |
|
|
Marshall |
No |
|
|
Weinberg |
No |
|
|
McCormick |
No |
|
|
Snyder |
No |
|
|
|
YES: 1 NO: 10 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
|
|
01:59:34 PM
|
Motion |
Postpone House Bill 24B-1004 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
| Moved |
Kipp |
|
| Seconded |
Daugherty |
|
|
|
|
|
Bradfield |
Yes |
|
|
Daugherty |
Yes |
|
|
Garcia |
No |
|
|
Hartsook |
Yes |
|
|
Holtorf |
Yes |
|
|
Kipp |
Yes |
|
|
Lindstedt |
Yes |
|
|
Marshall |
Yes |
|
|
Weinberg |
Yes |
|
|
McCormick |
Yes |
|
|
Snyder |
Yes |
|
|
Final |
YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
HB24B-1006 - Postponed Indefinitely
|
|
|
02:00:11 PM |
Representative Luck,
substituting for the bill's sponsor, Representative DeGraaf, presented
House Bill 24B-1006. The bill increases homestead exemptions for qualifying
seniors, veterans with a disability, and Gold Star surviving spouses starting
in property tax year 2025. She responded to questions from the committee.
|
|
02:13:57 PM |
Mr. Tony Werckman, representing Department of Local Affairs, Division of Property Taxation, was available to answer committee questions.
|
|
02:17:10 PM |
Representative Luck distributed and explained amendment L.001 (Attachment B).
|
02:17:12 PM
|
Motion |
Adopt amendment L.001 (Attachment B). |
|
| Moved |
Kipp |
|
| Seconded |
Weinberg |
|
|
|
|
|
Bradfield |
|
|
|
Daugherty |
|
|
|
Garcia |
|
|
|
Hartsook |
|
|
|
Holtorf |
|
|
|
Kipp |
|
|
|
Lindstedt |
|
|
|
Marshall |
|
|
|
Weinberg |
|
|
|
McCormick |
|
|
|
Snyder |
|
|
|
|
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
02:19:06 PM
|
Motion |
Refer House Bill 24B-1006, as amended, to the Committee on Appropriations. |
|
| Moved |
Weinberg |
|
| Seconded |
Holtorf |
|
|
|
|
|
Bradfield |
Yes |
|
|
Daugherty |
No |
|
|
Garcia |
No |
|
|
Hartsook |
Yes |
|
|
Holtorf |
Yes |
|
|
Kipp |
No |
|
|
Lindstedt |
No |
|
|
Marshall |
No |
|
|
Weinberg |
Yes |
|
|
McCormick |
No |
|
|
Snyder |
No |
|
|
|
YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
|
|
02:19:25 PM
|
Motion |
Postpone House Bill 24B-1006 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
| Moved |
Kipp |
|
| Seconded |
Lindstedt |
|
|
|
|
|
Bradfield |
No |
|
|
Daugherty |
Yes |
|
|
Garcia |
Yes |
|
|
Hartsook |
No |
|
|
Holtorf |
No |
|
|
Kipp |
Yes |
|
|
Lindstedt |
Yes |
|
|
Marshall |
Yes |
|
|
Weinberg |
No |
|
|
McCormick |
Yes |
|
|
Snyder |
Yes |
|
|
Final |
YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
HB24B-1009 - Postponed Indefinitely
|
|
|
02:19:34 PM |
Representative Vigil, prime sponsor, presented House Bill 24B-1009. The bill authorizes certain special districts to seek voter approval to waive any limitation created in state law on collecting, retaining, or spending property tax revenue. She responded to questions from the committee.
|
|
02:31:12 PM |
The committee continued to discuss the bill with Representative Vigil.
|
02:34:51 PM
|
Motion |
Refer House Bill 24B-1009 to the Committee of the Whole. |
|
| Moved |
Kipp |
|
| Seconded |
Weinberg |
|
|
|
|
|
Bradfield |
No |
|
|
Daugherty |
No |
|
|
Garcia |
Yes |
|
|
Hartsook |
No |
|
|
Holtorf |
No |
|
|
Kipp |
Yes |
|
|
Lindstedt |
No |
|
|
Marshall |
No |
|
|
Weinberg |
Yes |
|
|
McCormick |
No |
|
|
Snyder |
Yes |
|
|
|
YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
|
|
02:35:15 PM
|
Motion |
Postpone House Bill 24B-1009 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
| Moved |
Kipp |
|
| Seconded |
Weinberg |
|
|
|
|
|
Bradfield |
Yes |
|
|
Daugherty |
Yes |
|
|
Garcia |
No |
|
|
Hartsook |
Yes |
|
|
Holtorf |
Yes |
|
|
Kipp |
No |
|
|
Lindstedt |
Yes |
|
|
Marshall |
Yes |
|
|
Weinberg |
No |
|
|
McCormick |
Yes |
|
|
Snyder |
No |
|
|
Final |
YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
| 02:35:36 PM |
The committee adjourned. |
