S_FIN_2017A 03/21/2017 Committee Summary

01:34 PM -- HB17-1027



Senators Gardner and Garcia wrapped up their presentation of House Bill 17-1027, which was laid over for action only on March 16, 2017.

BILL:	HB17-1027
TIME:	01:35:26 PM
MOVED:	Hill
MOTION:	Adopt amendment L.007 (Attachment A). The motion passed without objection. 17SenateFin0321AttachA.pdf
SECONDED:
		VOTE
	Court
	Kerr	Excused
	Tate
	Hill
	Neville T.
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection

01:36 PM -- HB17-1144



Senator Baumgardner, prime sponsor, presented House Bill 17-1144, which changes how depreciation equivalent payments from cash fund sources are recorded by state departments.

01:39 PM -- HB17-1104



Senator Priola, prime sponsor, presented House Bill 17-1104, which provides a state income tax deduction for monetary awards received from the United States Olympic Committee or any sport-specific national governing committee as a direct result of winning a medal at the summer or winter Olympics or Paralympic games. Non-monetary benefits and endorsement earnings are not eligible for the income tax deduction. The income tax deduction will be available beginning in tax year 2018.



01:43 PM -- Veronica Day, representing herself as an athlete, testified in support of the bill.



01:45 PM -- Erin Popovich, representing herself as an athlete, testified in support of the bill.



01:46 PM -- Chris Coleman, representing himself as an athlete, testified in support of the bill.



01:49 PM -- Terris Tiller, representing himself as an athlete, testified in support of the bill. Mr. Tiller, Ms. Day, and Ms. Popovich responded to committee questions.





01:55 PM



Senator Priola wrapped up his presentation of HB 17-1104. Senator Priola discussed amendment L.010 (Attachment B).



17SenateFin0321AttachB.pdf

02:00 PM -- SB17-199



Senators Kerr and Neville, co-prime sponsors, presented Senate Bill 17-199. Under the introduced bill, beginning July 1, 2017, a retail liquor store licensee that is licensed on or before January 1, 2017, and has a majority of owners who have either resided in Colorado for at least two years or operated a business in Colorado for at least ten years, may obtain additional liquor licenses based on the bill's requirements. In order to obtain additional licenses, eligible retail liquor stores must apply to transfer ownership of at least two retail liquor stores that were licensed on or before July 1, 2017, and all retail liquor store licenses within the radius restriction, and merge the licenses into single retail liquor store license. The retail liquor stores that are merged must be in the same local licensing authority jurisdiction as the applicant's proposed location. If there are fewer than two licensed retail liquor stores in the jurisdiction, the applicant must apply to transfer ownership of retail liquor stores in the next nearest jurisdiction. The new licensed location must meet the radius requirement in current law. Under current law, a retail liquor store licensee that is a Colorado resident and was licensed on or before January 1, 2016, may obtain additional retail liquor store licenses based on a phased-in schedule in statute. Additional licenses may not be within 1,500 feet of another premises licensed for retail sales, or within 3,000 feet of another licensed retail premises in a municipality with a population of 10,000 or less.



02:02 PM -- Rufus Nagel, representing Molly's Spirits, testified in support of the bill.



02:03 PM -- Andrew Gitin, representing Happy Canyon Liquors, testified in support of the bill.



02:03 PM -- Jim Shpall, representing Applejack Liquors, testified in support of the bill.



02:10 PM -- Jeanne McEvoy, representing the Colorado Licensed Beverage Association, testified in opposition to the bill. Ms. McEvoy responded to a committee question.























02:12 PM



Senators Kerr and Neville wrapped up their presentation of SB 17-199.

02:15 PM -- SB17-057



Senator Guzman, prime sponsor, presented Senate Bill 17-057, which creates the Colorado Healthcare Affordability and Sustainability Enterprise within the Department of Health Care Policy and Financing (HCPF). Senator Guzman requested that the committee postpone indefinitely SB 17-057.

02:23 PM



The committee adjourned.