s_fin_2017a_2017-05-04t10:38:47z3 Hearing Summary
Date: 05/04/2017
Location: SCR 357
BILL SUMMARY for HB17-1311
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Postpone House Bill 17-1311 indefinitely. The moti Refer House Bill 17-1311 to the Committee of the W |
PASS FAIL |
11:23 AM -- HB17-1311
Senator Williams, prime sponsor, presented House Bill 17-1311, which requires a seller of a newly constructed residential property to disclose an estimate of future property taxes to the buyer. Beginning January 1, 2018, the seller must use the residential assessment rate from the prior year, the sale price of the property, and mills from the previous year, unless the seller knows that they will change, to estimate future property taxes. Senator Williams responded to committee questions.
11:25 AM -- JoAnn Groff, representing the Division of Property Taxation, testified from a neutral position on the bill. Ms. Groff responded to committee questions.
11:36 AM -- Ed Shackelford, representing himself, testified on the bill.
| BILL: | HB17-1311 | |
| TIME: | 11:37:27 AM | |
| MOVED: | Court | |
| MOTION: | Refer House Bill 17-1311 to the Committee of the Whole. The motion failed on a vote of 2-3. | |
| SECONDED: | ||
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VOTE
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Court
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Yes
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Kagan
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Yes
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Tate
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No
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Hill
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No
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Neville T.
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No
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YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | HB17-1311 | |
| TIME: | 11:38:08 AM | |
| MOVED: | Hill | |
| MOTION: | Postpone House Bill 17-1311 indefinitely. The motion passed on a vote of 3-2. | |
| SECONDED: | ||
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VOTE
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Court
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No
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Kagan
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No
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Tate
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Yes
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Hill
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Yes
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Neville T.
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Yes
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Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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