J_CDC_2023A 04/04/2023 08:24:05 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE Date 04/04/2023 Attendance Catlin X Lindsay X Mullica X Simpson X Hinrichsen * Story X Time 08:24:05 AM to 08:54:07 AM Place SCR 357 This Meeting was called to order by Story This Report was prepared by Nina Forbes Hearing Items Action Taken hConsideration of Potential Committee Legislation Committee Discussion Only hConsideration of Senate Bill 23-250 Pursuant to Senate Rule 42 Committee Discussion Only Consideration of Potential Committee Legislation - Committee Discussion Only 08:31:13 AM Nicole Myers, Office of Legislative Legal Services, explained a draft bill concerning the allocation for Art in Public Places for 2022-23. Brief committee discussion ensued. Ms. Myers answered questions from the committee. The committee agreed to introduce the bill as a Senate bill with Senator Simpson and Senator Mullica agreed to introduce it in the Senate and Representative Lindsay and Representative Story agreed to sponsor it in the House, Rep Catlin and Sen Hinrichsen co-sponsor. Ms. Meyers gave some additional comments. 08:32:50 AM Motion Approve the introduction of the Art in Public Places bill as a CDC bill. Moved Hinrichsen Seconded Catlin Yes Lindsay Yes Mullica Yes Simpson Yes Hinrichsen Yes Story Yes YES: 6 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS Consideration of Senate Bill 23-250 Pursuant to Senate Rule 42 - Committee Discussion Only 08:33:35 AM Senator Mullica and Representative Catlin, co-prime sponsors, introduced and explained Senate Bill 23-250 Transfer From Severance Tax Operations Cash Fund. The bill authorizes certain energy-related capital construction expenditures at two state institutions of higher education. The sponsors explained that they were able to find some funds to fund the Colorado Mesa University's Geothermal Exchange Loop project and Western Colorado University's Hurst Hall Lab Renovation project. Senator Mullica summarized the process of discussing these projects during the capital request process and how the sponsors were able to find additional funding for these projects. Representative Catlin added comments explaining the motivation behind this bill. Senator Mullica discussed importance of return on investment (ROI) for these projects. Senator Mullica and Representative Catlin answered questions from the committee. 08:53:36 AM The committee laid over action on this item to a later date. 08:54:07 AM The committee adjourned.
