|
PUBLIC
STAFF SUMMARY OF MEETING
INTERIM COMMITTEE LEGISLATIVE OVERSIGHT COMMITTEE CONCERNING TAX POLICY & TASK FORCE
| Date |
09/13/2023 |
| Attendance |
| Frizell |
X |
| Kolker |
X |
| Liston |
E |
| Marshall |
X |
| Hansen |
X |
| Weissman |
X |
|
| Time |
10:06:54 AM to 12:19:20 PM |
| Place |
HCR 0112 |
| This Meeting was called to order by |
Weissman |
| This Report was prepared by |
Katie Ruedebusch |
|
| Hearing Items |
Action Taken |
| hPresentation from the Cato Institute |
Committee Discussion Only |
| hPublic Testimony |
Committee Discussion Only |
| hBill Draft Requests |
Committee Discussion Only |
|
|
Presentation from the Cato Institute - Committee Discussion Only
|
|
|
10:07:37 AM |
The Chair discussed the day's agenda.
|
|
10:08:01 AM |
Dr. Mark Calabria,
Senior Advisor with the Cato Institute, presented to the committee on the
unique challenges facing Colorado related to housing policy. His
remarks may be found in Attachment A.
|
|
10:14:24 AM |
He continued by discussing several principles including minimizing the use of intermediaries, understanding the housing marketplace, that housing behaves in a boom-and-bust manner, urban bias, and other topics.
|
|
10:18:43 AM |
He continued by discussing
Colorado's use of federal and/or state land for housing.
|
|
10:23:06 AM |
Dr. Calabria discussed options such as making tax credits more flexible, income targeting, local land use regulations, tax treatment of rental income, and other topics.
|
|
10:24:44 AM |
He wrapped up by discussing the federal and Colorado housing markets.
|
|
10:29:41 AM |
Committee discussion ensued with Dr. Calabria.
|
|
10:47:39 AM |
Committee discussion continued on land use, tenant protections, renter tax credits, short-term rentals, and other topics.
|
Public Testimony - Committee Discussion Only
Bill Draft Requests - Committee Discussion Only
|
|
|
10:56:44 AM |
Mr. Pierce Lively and Mr. Jed Franklin, Office of Legislative Legal Services, came to the table to discuss the interim bill process.
|
|
11:04:39 AM |
Committee discussion on bill drafts continued.
|
11:47:09 AM
|
Motion |
Draft a bill related to repeal of unused tax expenditures |
|
| Moved |
Marshall |
|
| Seconded |
Kolker |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
11:48:24 AM
|
Motion |
Draft a bill related to Tyler v. Hennepin and tax lien sales |
|
| Moved |
Frizell |
|
| Seconded |
Marshall |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
11:50:04 AM
|
Motion |
Draft a bill related to the income tax credit for long-term health care premiums |
|
| Moved |
Kolker |
|
| Seconded |
Hansen |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
11:52:47 AM
|
Motion |
Draft a bill to extend state EITC by three years |
|
| Moved |
Weissman |
|
| Seconded |
Hansen |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
11:54:22 AM
|
Motion |
Draft a bill related the creation of a permanent fund related to the severance tax |
|
| Moved |
Hansen |
|
| Seconded |
Weissman |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
11:57:44 AM
|
Motion |
Draft a bill concerning modifications to short-term rental definitions with respect to property tax |
|
| Moved |
Hansen |
|
| Seconded |
Frizell |
|
|
|
|
|
Frizell |
|
|
|
Kolker |
|
|
|
Liston |
Excused |
|
|
Marshall |
|
|
|
Hansen |
|
|
|
Weissman |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
| 12:19:20 PM |
The committee adjourned. |
