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s_fin_2017a_2017-05-08t15:26:22z1 Hearing Summary

Date: 05/08/2017

Location: SCR 357

Final

BILL SUMMARY for HB17-1363



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 17-1363 to the Committee of the W PASS







03:39 PM -- HB17-1363



Senator Martinez Humenik, presented House Bill 17-1363. Under current law, property owners that participate in the Colorado Property Assessed Clean Energy (PACE) program must inform title insurance companies of the new assessment. The New Energy Impact District (NEID), which manages the program, must hold a hearing to notify lien holders of the special assessment. The bill exempts property owners from the title commitment and hearing requirements if the owner is not seeking to subordinate the priority of existing liens when using the PACE program.



03:44 PM --
Steve Bachar, representing Renovate America, testified in support of the bill.

BILL: HB17-1363
TIME: 03:46:23 PM
MOVED: Hill
MOTION: Refer House Bill 17-1363 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kagan
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS