S_FIN_2024A 05/02/2024 02:19:57 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 05/02/2024 Attendance Buckner X Hansen X Simpson X Smallwood * Van Winkle X Kolker X Mullica X Time 02:19:57 PM to 12:49:08 AM Place SCR 357 This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hSB24-229 Referred to Senate Appropriations hSB24-166 Postponed Indefinitely hSB24-165 Postponed Indefinitely hSB24-231 Amended, referred to Senate Appropriations hSB24-230 Amended, referred to Senate Appropriations hSB24-228 Amended, referred to Senate Appropriations hHB24-1249 Referred to Senate Appropriations hHB24-1449 Referred to Senate Appropriations hHB24-1268 Referred to Senate Appropriations hHB24-1051 Referred to Senate Appropriations hHB24-1314 Referred to Senate Appropriations hHB24-1365 Referred to Senate Appropriations hHB24-1157 Referred to Senate Appropriations hHB24-1353 Referred to Senate Appropriations SB24-229 - Referred to Senate Appropriations 02:20:07 PM Senators Priola and Winter presented SB24-229, which modifies regulations and enforcement criteria regarding ozone precursor emissions. 02:25:27 PM Jeff Robbins, representing Energy & Carbon Management Commission, Department of Natural Resources, testified in support of the bill. Trisha Oeth, representing Colorado Department of Public Health and Environment, testified in support of the bill. Dr. Bhargavi Chekuri, representing themself, testified in support of the bill. Rebecca Curry, representing Earthjustice, testified in support of the bill. Mr. Charles Perko, representing United Steelworkers , testified in support of the bill. Michael Ogletree, representing Colorado Department of Public Health and Environment, was available to answer committee questions. The panelists responded to committee questions. 02:40:48 PM Ean Tafoya, representing GreenLatinos, testified in support of the bill. Dr. Ramesh Bhatt, representing Sierra Club, testified in support of the bill. Matt Scherr, representing Colorado Communities for Climate Action, testified in support of the bill. Andrew Forkes-Gudmundson, representing Earthworks, testified in support of the bill. 02:49:49 PM Diana Orf, representing Associated Governments of Northwest Colorado, testified to amend the bill. Mr. Dan Haley, representing Colorado Oil and Gas Association, testified to amend the bill. Tiffany Dickenson, representing Associated Governments of Northwest Colorado, testified to amend the bill. The panelists responded to committee questions. 02:59:14 PM Chris McGowne, representing themself, testified in opposition to the bill. Trisha Fanning, representing themself, testified in opposition to the bill. Ms. Jan Rose, representing themself, testified in opposition to the bill. The panelists responded to committee questions. 03:14:07 PM Motion Refer Senate Bill 24-229 to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-166 - Postponed Indefinitely 03:14:28 PM Senator Winter requested that SB24-166 be postponed indefinitely. 03:15:15 PM Motion Postpone Senate Bill 24-166 indefinitely. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-165 - Postponed Indefinitely 03:15:26 PM Senator Priola requested that SB 24-165 be postponed indefinitely. 03:15:57 PM Motion Postpone Senate Bill 24-165 indefinitely. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-231 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/6B7F55EC862E...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/A15B87608B81...$File/Attachment B.pdf?OpenElement Attachment B.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/7E8BD5E6226A...$File/Attachment C.pdf?OpenElement Attachment C.pdf 03:16:10 PM Senators Gardner and Rodriguez presented SB24-231, which makes several changes to liquor licensing and regulation. 03:23:00 PM Ms. Rebekah Hernandez, representing Colorado Restaurant Association, testified to amend the bill. Mr. Chris Howes, representing Colorado Retail Council , testified in support of the bill. Mr. Steve Findley, representing Colorado Beer Distributors Association, testified in support of the bill. Ms. Michelle Stone-Principato, representing Colorado Department of Revenue - Liquor and Tobacco Enforcement Division, testified in support of the bill. Krystyn Hartman, representing themself, testified to amend the bill. The panelists responded to committee questions. 03:35:16 PM Ms. Micki Hackenberger, representing Wine & Spirit Wholesalers of Colorado, testified in support of the bill. Mr. Jeremy Bronson, representing Colorado Event Alliance, testified in support of the bill. Mr. Sam DeWitt, representing Brewers Association, testified in support of the bill. Scott Chase, representing CO Liquor Stores United , testified to amend the bill. Elizabeth Haskell, representing Colorado Municipal League, testified in support of the bill. The panelists responded to committee questions. 03:56:08 PM Motion Adopt amendment L.001 (Attachment A). Moved Kolker Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:57:27 PM Motion Adopt amendment L.003 (Attachment B). Moved Kolker Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:58:29 PM Motion Adopt amendment L.004 (Attachment C). Moved Kolker Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:02:31 PM Motion Refer Senate Bill 24-231, as amended, to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-230 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/D3BBCFB02CC8...$File/Attachment D.pdf?OpenElement Attachment D.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/08AAFA27EC48...$File/Attachment E.pdf?OpenElement Attachment E.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/6D585D2267B1...$File/Attachment F.pdf?OpenElement Attachment F.pdf 04:02:42 PM Senators Cutter and Fenberg presented SB24-230, which creates new oil and gas production fees to be used to expand transit service, frequency, ridership, and fund passenger rail projects, and to fund wildlife and land remediation services. The sponsors responded to committee questions. 04:03:04 PM John Manino, Conservation Colorado, testified in support of the bill. Ean Tafoya, representing GreenLatinos, testified in support of the bill. Kay Kelly, representing Colorado Department of Transportation , testified in support of the bill. Heather Disney Dugan, representing Colorado Parks and Wildlife, testified in support of the bill. 04:29:28 PM Danny Katz, representing CoPIRG (Colorado Public Interest Research Group), testified in support of the bill. Ms. Tarn Udall, representing Western Resource Advocates, testified in support of the bill. Matt Frommer, representing Southwest Energy Efficiency Project, testified in support of the bill. 04:35:10 PM Mr. Frank Bruno, representing Via Mobility Services, testified in support of the bill. Ann Rajewski, representing Colorado Association of Transit Agencies, testified in support of the bill. Jaime Lewis, representing Colorado Cross Disability Coalition, testified in support of the bill. The panelists responded to committee questions. 04:42:55 PM Richard Orf, representing Associated Governments of Northwest Colorado, testified to amend the bill. Tiffany Dickenson, representing Associated Governments of Northwest Colorado, testified to amend the bill. Commissioner-Jennifer OHearon, representing Board of County Commissioners of Rio Blanco County, Colorado, testified to amend the bill. 04:50:16 PM Chris McGowne, representing themself, testified in opposition to the bill. Jeter Thomas, representing Caerus Oil and Gas, testified in opposition to the bill. Trisha Fanning, representing themself, testified in opposition to the bill. Edward Ingve, representing themself, testified in opposition to the bill. Ed Ingve, representing themself, testified in opposition to the bill. The panelists responded to committee questions. 05:20:35 PM Motion Adopt amendment L.001 (Attachment D). Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS 05:21:13 PM Motion Adopt amendment L.002 (Attachment E). Moved Kolker Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 05:23:13 PM Motion Adopt amendment L.003 (Attachment F). Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS 05:27:49 PM Motion Refer Senate Bill 24-230, as amended, to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-228 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/002086982248...$File/Attachment G.pdf?OpenElement Attachment G.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/FD78559C155F...$File/Attachment H.pdf?OpenElement Attachment H.pdf 05:28:04 PM Senators Mullica and Lundeen presented SB24-228, which adjusts the mechanisms used to refund the state TABOR refund obligation starting with the FY 2023-24 surplus by reinstating a temporary state income tax rate cut, and creates a new refund mechanismâa temporary reduction in the state sales and use tax rateâstarting with the FY 2024-25 surplus. 05:30:11 PM Natalie Menten, representing themself, testified to amend the bill. Heidi Humphreys, representing Colorado Department of Revenue, testified in support of the bill. Josh Pens, representing Colorado Department of Revenue, was available to answer committee questions. 05:41:55 PM Motion Adopt amendment L.002 (Attachment G). Moved Mullica Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 05:42:08 PM Motion Adopt amendment L.003 (Attachment H). Moved Mullica Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 05:44:10 PM Motion Refer Senate Bill 24-228, as amended, to the Committee on Appropriations. Moved Mullica Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1249 - Referred to Senate Appropriations 09:33:21 PM The committee reconvened. Senator Pelton presented HB24-1249, which creates a new refundable tax credit from 2026 through 2030 for farms and ranches engaging in agricultural stewardship practices 09:34:15 PM Tyler Garrett, representing Rocky Mountain Farmers Union , testified in support of the bill. Mr. Jordan Beezley, representing Colorado Department of Agriculture, testified in support of the bill. 09:40:02 PM Motion Refer House Bill 24-1249 to the Committee on Appropriations. Moved Kolker Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle No Kolker Yes Mullica Yes Final YES: 6 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1449 - Referred to Senate Appropriations 09:40:18 PM Senator Priola presented HB24-1449, which onsolidates existing waste diversion programs, including an existing enterprise, into a new enterprise 09:41:24 PM Christopher Howes, representing NWRA, testified in support of the bill. Carrie Hackenberger testified in support in the bill. Jeff Stalter, representing Colorado Department of Public Health and Environment, testified in support of the bill. 09:48:03 PM Motion Refer House Bill 24-1449 to the Committee on Appropriations. Moved Kolker Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1268 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/52B9BB404897...$File/Attachment I Merged.pdf?OpenElement Attachment I Merged.pdf 09:48:59 PM Senators Exum and Fields presented HB24-1268, which starting with tax year 2025, ends the property tax, rent, and heat rebate for persons with a disability and replaces it with an income tax credit. 09:49:16 PM Caroline Nutter, representing Colorado Fiscal Institute, testified in support of the bill. Written testimony for the bill is included as Attachment I. 10:09:49 PM Motion Refer House Bill 24-1268 to the Committee on Appropriations. Moved Kolker Seconded Gonzales Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1051 - Referred to Senate Appropriations 10:10:00 PM Senator Gonzales presented HB24-1051, which creates new regulations for towing carriers. Mr. Allex Luna, representing United for a New Economy, testified in support of the bill. Mr. Zach Neumann, representing Community Economic Defense Project, testified in support of the bill. Mr. Ian Escalante , representing themself, testified in support of the bill. Catherine Ordonez, representing American Civil Liberties Union of Colorado, testified in support of the bill. The panelists responded to committee questions. 10:34:21 PM Senator Gonzales responded to committee questions. 10:49:01 PM Motion Refer House Bill 24-1051 to the Committee on Appropriations. Moved Kolker Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1314 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/FF13C2B9F5B5...$File/Attachment J.pdf?OpenElement Attachment J.pdf 10:49:14 PM Senator Gonzales and Will presented HB24-1314, which makes modifications to the existing preservation of historical structures tax credit, including expanding the tax credit and extending it through 2036. 10:49:49 PM Barb Pahl, representing The National Trust, testified in support of the bill. Patrick Eidman, representing History Colorado, testified in support of the bill. Christopher Fortney, representing Office of Economic Development and International Trade, testified in support of the bill. Doug Price, representing themself, testified in support of the bill. Written testimony on the bill is included as Attachment J. 11:08:10 PM Motion Refer House Bill 24-1314 to the Committee on Appropriations. Moved Gonzales Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle No Kolker Yes Mullica Excused Final YES: 5 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1365 - Referred to Senate Appropriations 11:08:20 PM Senators Bridges and Will presented HB24-1365, which continues funding to the Regional Talent Development Initiative Grant Program, creates the Regional Talent Summit Grant Program, and establishes a workforce shortage tax credit. 11:11:44 PM Mr. Michael Gifford, representing AGC Colorado, testified in support of the bill. Mr. Eve Lieberman, representing OEDIT, was available to answer committee questions. 11:16:38 PM Motion Refer House Bill 24-1365 to the Committee on Appropriations. Moved Gonzales Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Excused Kolker Yes Mullica Excused Final YES: 5 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS HB24-1157 - Referred to Senate Appropriations 11:16:49 PM Senator Bridges presented HB24-1157, which codifies the Employee Ownership Office in the Office of Economic Development and International Trade and creates an income tax credit for certain costs incurred by new employee-owned businesses. 11:22:08 PM Motion Refer House Bill 24-1157 to the Committee on Appropriations. Moved Hansen Seconded Gonzales Yes Hansen Yes Simpson Yes Smallwood No Van Winkle No Kolker Yes Mullica Excused Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1353 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/AD78981D0F4D...$File/Attachment K Merged.pdf?OpenElement Attachment K Merged.pdf 11:26:00 PM Senators Bridges and Michaelson Jenet presented HB24-1353, which requires firearms dealers to obtain a state permit. 11:29:49 PM Ms. Melissa Flanell, representing themself, testified in opposition to the bill. Christopher Runyan, representing themself, testified in opposition to the bill. Mr. Duke Grimes, representing MId-States Distributing, testified to amend the bill. Mr. Ian Escalante, representing Rocky Mountain Gun Owners, testified in opposition to the bill. Robert Lopez, representing themself, testified in opposition to the bill. Mr. Craig Williams, representing themself, testified in opposition to the bill. Mr. Mario Acevedo, representing themself, testified in opposition to the bill. The panelists responded to committee questions. 12:03:07 AM Ms. Barbara Niederhoff, representing themself, testified in support of the bill. Stephanie Greenberg, representing Colorado Faith Communities United to End Gun Violence, testified in support of the bill. Ms. Kathryn Ruud, representing themself, testified in support of the bill. Ms. Julie Ort, representing themself, testified in support of the bill. Kathy Hagen, representing Moms Demand Action , testified in support of the bill. Paige Leonard, representing themself, testified in support of the bill. Mary Duvall testified in support of the bill. The panelists responded to committee questions. 12:18:56 AM Mr. Nephi Cole, representing National Shooting Sports Foundation, testified in opposition to the bill. Ms. Michelle Martinez-Collins, representing themself, testified in opposition to the bill. Mr. Shawn Veatch, representing themself, testified in opposition to the bill. Mr. Thomas Coleman, representing EZCORP, Inc. , testified to amend the bill. Mr. Nate Randall, representing themself, testified in opposition to the bill. Mr. Mark Olson, representing BluCore Shooting Center, testified in opposition to the bill. Mr. James Seifert, representing themself, was available to answer committee questions. Mr. Gregory Collins, representing themself, testified in opposition to the bill. 12:42:25 AM Ms. Ahilya George, representing themself, testified in support of the bill. Ms. Eileen McCarron, representing Colorado Ceasefire, testified in support of the bill. Written testimony on the bill is included as Attachment K. 12:48:57 AM Motion Refer House Bill 24-1353 to the Committee on Appropriations. Moved Kolker Seconded Gonzales Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS 12:49:08 AM The committee adjourned.