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S_FIN_2018A 05/01/2018 01:51:47 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 05/01/2018
Attendance
Jahn X
Kagan X
Scott *
Tate X
Neville T. X
Time 01:51:47 PM to 05:09:56 PM
Place SCR 352
This Meeting was called to order by Neville T.
This Report was prepared by Matt Becker
Hearing Items Action Taken
SB18-278 Amended, referred to Senate Appropriations
SB18-265 Referred to Senate Appropriations
SB18-277 Amended, referred to the Committee of the Whole
HB18-1402 Amended, referred to the Committee of the Whole - Consent Calendar
HB18-1361 Referred to the Committee of the Whole - Consent Calendar
HB18-1316 Referred to Senate Appropriations
HB18-1083 Amended, referred to Senate Appropriations
SB18-273 Amended, referred to Senate Appropriations
HB18-1224 Amended, referred to Senate Appropriations
HB18-1244 Referred to Senate Appropriations
HB18-1190 Amended, referred to Senate Appropriations
HB18-1303 Referred to the Committee of the Whole - Consent Calendar
HB18-1362 Referred to the Committee of the Whole - Consent Calendar
HB18-1388 Referred to the Committee of the Whole - Consent Calendar
HB18-1320 Amended, referred to the Committee of the Whole - Consent Calendar
HB18-1389 Amended, referred to the Committee of the Whole - Consent Calendar

SB18-278 - Amended, referred to Senate Appropriations


01:53:19 PM  
Senators Priola and Martinez Humenik, co-prime
sponsors, presented Senate Bill 18-278, which increases the penalty for
assault on a firefighter or peace officer.  Senator Priola distributed
amendment L.001 and a handout to the committee [Attachments A and B, respectively].
 Senators Martinez Humenik and Priola responded to committee questions.
01:56:21 PM  

Chris Howes, representing the Emergency Medical Services Association, testified on the bill.

02:04:32 PM  

Carrie Thompson, representing the Colorado Criminal Defense Bar, testified in opposition to the bill.



02:10:30 PM
Motion Adopt amendment L.001 [Attachment A].
Moved Tate
Seconded
Jahn Yes
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:13:23 PM
Motion Refer Senate Bill 18-278, as amended, to the Committee on Appropriations.
Moved Tate
Seconded
Jahn No
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB18-265 - Referred to Senate Appropriations


02:14:48 PM  
Senator Hill, prime sponsor, presented Senate Bill 18-265, which creates a state income tax credit for moneys deposited in a child care savings account, and a state income tax deduction for interest earned in the account.
02:15:24 PM  
Brendon Reese, representing the Department of Revenue, testified on the bill.
02:16:31 PM  

Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in support of the bill.

02:16:55 PM  
Senator Evie Hudak, representing Colorado PTA, testified in opposition to the bill.


02:23:50 PM
Motion Refer Senate Bill 18-265 to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB18-277 - Amended, referred to the Committee of the Whole


02:23:58 PM  

Senator Neville presented Senate Bill 18-277, which codifies the state's current practice of not regulating virtual currency transmission. Senator Neville distributed amendment L.001 to the committee [Attachment C].

02:25:21 PM  

Ken Boldt, representing the Department of Regulatory Agencies, testified in opposition to the bill.

02:27:07 PM  

Jake Vartanian, representing Native, testified in support of the bill.

02:30:25 PM  
John Shapiro, representing Ideas by Nature, testified in support of the bill.
02:31:26 PM  
Erik Voorhees, representing Shapeshift,
testified in support of the bill.  Mr. Voorhies responded to committee
questions.
02:35:09 PM  
Jennifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill.


02:43:38 PM
Motion Adopt amendment L.001 [Attachment C].
Moved Neville T.
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:45:17 PM
Motion Refer Senate Bill 18-277, as amended, to the Committee of the Whole.
Moved Neville T.
Seconded
Jahn No
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1402 - Amended, referred to the Committee of the Whole - Consent Calendar


02:50:20 PM  

Senators Williams and Gardner, co-prime sponsors, presented House Bill 18-1402, which expands the authority of the State Treasurer to make international investments.  Senator Gardner distributed amendment L.001 [Attachment D].

02:50:29 PM  
Maruti More, representing the State Treasurer's Office, testified in support of the bill.


02:56:57 PM
Motion Adopt amendment L.001 [Attachment D].
Moved Tate
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:57:30 PM
Motion Refer House Bill 18-1402, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1361 - Referred to the Committee of the Whole - Consent Calendar


02:58:04 PM  

Senator Williams, prime sponsor, presented House Bill 18-1361, which extends the date that an individual is eligible for a Vietnam Veteran military license plate two years, from January 27, 1973, to January 27, 1975.

02:59:15 PM  
Miller Hudson, representing himself, testified in support of the bill.


03:02:54 PM
Motion Refer House Bill 18-1361 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1316 - Referred to Senate Appropriations


03:03:42 PM  

Senators Williams and Cooke, co-prime sponsors, presented House Bill 18-1316, which extends the Skilled Worker Outreach, Recruitment, and Key Training (WORK) grant program in the Colorado Department of Labor and Employment through FY 2020-21.

03:04:54 PM  

Michael Smith, representing the Colorado Homebuilding Academy, testified in support of the bill.

03:06:07 PM  
Michael Gifford, representing Associated General Contractors, testified in support of the bill.
03:08:50 PM  
Virginia Morrison Love, representing the Colorado Association of Home Builders, testified in support of the bill.
03:09:28 PM  
Mr. Gifford responded to committee questions.
03:17:17 PM  
Senators Williams and Cooke made closing comments on the bill.


03:19:55 PM
Motion Refer House Bill 18-1316 to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1083 - Amended, referred to Senate Appropriations


03:20:13 PM  

Senators Williams and Tate, co-prime sponsors, presented House Bill 18-1083, which exempts the purchase of aircraft for use by on-demand air carriers from sales and use tax.

03:21:42 PM  
Kelly Sloan, representing the Colorado Aviation Business Association, testified in support of the bill.


03:26:00 PM
Motion Adopt amendment L.006 [Attachment E].
Moved Tate
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:26:24 PM
Motion Refer House Bill 18-1083, as amended, to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB18-273 - Amended, referred to Senate Appropriations


03:27:08 PM  

Senator Gardner, prime sponsor, presented Senate Bill 18-273, which allows senior citizens to transfer the senior homestead exemption if a doctor certifies that the owner moved for health reasons.  Senator Gardner distributed amendment L.001 [Attachment F].

03:28:28 PM  
Steve Schleiker, representing the El Paso County Assessor's Office, testified in support of the bill.
03:30:32 PM  
Jeanette Hensley, representing the Colorado Senior Lobby, testified in support of the bill.


03:39:02 PM
Motion Adopt amendment L.001 [Attachment F].
Moved Neville T.
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:40:16 PM
Motion Refer Senate Bill 18-273, as amended, to the Committee on Appropriations.
Moved Neville T.
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1224 - Amended, referred to Senate Appropriations


03:42:55 PM  

Senator Gardner, prime sponsor, presented House Bill 18-1224, which adds a mediation component to professional disciplinary actions initiated by state agencies. Senator Gardner distributed L.009 [Attachment G].

03:43:22 PM  
Jon Goodman, representing himself, testified in support of the bill.
03:44:05 PM  
Patrick Boyle, representing COPIC, testified in support of the bill.


03:47:52 PM
Motion Adopt amendment L.009 [Attachment G].
Moved Tate
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:48:15 PM
Motion Refer House Bill 18-1224, as amended, to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1190 - Amended, referred to Senate Appropriations


03:54:54 PM  

Senator Tate, co-prime sponsor, presented House Bill 18-1190, which makes several modifications to the historic preservation tax credit under the Colorado Job Creation and Main Street Revitalization Act.  Committee members received a packet of several letters of support [Attachment H].

03:56:10 PM  
Rebecca Goodwin, representing Colorado Preservation, Inc., testified in support of the bill.
04:00:20 PM  
Patrick Pollock, representing himself,
testified in support of the bill.
04:04:10 PM  
Troy McHugh, representing the Lincoln County Economic Development Corporation, testified in support of the bill.
04:07:00 PM  

Cindy McCloud, representing Kiowa County, testified in support of the bill.



04:14:02 PM
Motion Adopt amendment L.003 [Attachment I].
Moved Tate
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:14:27 PM
Motion Refer House Bill 18-1190, as amended, to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. No
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1244 - Referred to Senate Appropriations


03:48:31 PM  

Senators Gardner and Todd, co-prime sponsors, presented House Bill 18-1244, which creates the submarine service license plate.

03:49:07 PM  

Thomas Kraus, representing himself, testified in support of the bill and responded to committee questions.

03:50:15 PM  
Tony Anderson, representing the Department of Revenue, came to the table to respond to committee questions.


03:54:42 PM
Motion Refer House Bill 18-1244 to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. No
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1362 - Committee Discussion Only


04:14:43 PM  

Senator Tate, co-prime sponsor, presented House Bill 18-1362, which adds a representative from the Department of Revenue's Marijuana Enforcement Division to the Colorado Task Force on Drunk and Impaired Driving.

04:16:08 PM  
The bill was laid over for action only until later in the meeting.



HB18-1303 - Referred to the Committee of the Whole - Consent Calendar


04:17:26 PM  

Senator Tate, prime sponsor, presented House Bill 18-1303, which exempts a coach for a nonprofit youth organization from unemployment insurance coverage if the coach has a written agreement with the organization stating that the coach is an independent contractor.

04:17:27 PM  

Jeff Ruebel, representing Colorado Soccer, testified in support of the bill.

04:26:20 PM  
Bill Lindsay, representing Littleton Soccer,
testified in support of the bill.  Mr. Lindsay distributed written
testimony from Dan Friesen [Attachment J].
04:27:00 PM  
Nate Shotts, representing Colorado Soccer,
testified in support of the bill.
04:27:38 PM  
Pete Barrett, representing the Littleton Soccer Club, testified in support of the bill.
04:37:41 PM  
Patrick Teegarden, representing the Colorado Department of Labor and Employment, came to the table to respond to committee questions.


04:38:46 PM
Motion Refer House Bill 18-1303 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1388 - Referred to the Committee of the Whole - Consent Calendar


04:44:51 PM  

Senator Tate, prime sponsor, presented House Bill 18-1388, which eliminates the registration requirement for mutual fund offerings and substitutes a notice filing requirement.  Committee members received a letter of support from the Investment Company Institute [Attachment K].

04:46:19 PM  

David Cheval, representing the Colorado Division of Securities within the Department of Regulatory Agencies, testified in support of the bill.



04:49:00 PM
Motion Refer House Bill 18-1388 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Jahn Yes
Kagan Excused
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 4   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



HB18-1362 - Referred to the Committee of the Whole - Consent Calendar


04:39:08 PM  
Andy Karsian, representing the Colorado Department of Transportation, testified in support of the bill and responded to committee questions.


04:44:37 PM
Motion Refer House Bill 18-1362 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Jahn Yes
Kagan Excused
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 4   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



HB18-1320 - Amended, referred to the Committee of the Whole - Consent Calendar


04:50:28 PM  

Senator Jahn presented House Bill 18-1320, which reduces the level of regulation for companies providing large-market taxicab services along the Front Range.  Senator Jahn distributed amendment L.004 [Attachment L].

04:52:04 PM  
Becky Brooks, representing Metro Taxi, testified in support of the bill.
04:52:40 PM  
Ron Jack, representing the Public Utilities Commission, testified on the bill.


04:55:22 PM
Motion Adopt amendment L.004 [Attachment L].
Moved Jahn
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:56:31 PM
Motion Refer House Bill 18-1320, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Jahn
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1389 - Amended, referred to the Committee of the Whole - Consent Calendar


04:56:42 PM  

Senator Neville presented House Bill 18-1389, which creates a centralized marijuana distribution permit that allows a marijuana cultivation facility to temporarily store marijuana concentrate or marijuana products designated for transfer to the permit holder's medical marijuana center or retail marijuana store.

05:00:06 PM  

Anna Hatch, representing LivWell, testified on the bill.

05:02:43 PM  

Jim Burack and Dominique Mendiola, both representing the Marijuana Enforcement Division, testified on the bill and responded to committee questions.



05:06:01 PM
Motion This is a conceptual amendment to amend the reengrossed bill, page 2, line 22, strike "OPERATING A DISTRIBUTION FACILITY," and substitute "EXERCISING THE PRIVILEGES OF A CENTRALIZED DISTRIBUTION PERMIT,".
Moved Neville T.
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:08:58 PM
Motion This is a conceptual amendment to amend the reengrossed bill, page 5, line 9, strike "OPERATING A DISTRIBUTION FACILITY," and substitute "EXERCISING THE PRIVILEGES OF A CENTRALIZED DISTRIBUTION PERMIT,".
Moved Neville T.
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:09:38 PM
Motion Refer House Bill 18-1389, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Neville T.
Seconded
Jahn Yes
Kagan Yes
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


05:09:56 PM   Committee Adjourned






The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details