S_FIN_2024B 08/28/2024 04:03:34 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 08/28/2024 Attendance Buckner X Hansen X Simpson X Smallwood X Van Winkle X Kolker X Mullica X Time 04:03:34 PM to 04:33:07 PM Place SCR 357 This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hHB24B-1003 Referred to the Committee of the Whole hHCR24B-1001 Postponed Indefinitely HB24B-1003 - Referred to the Committee of the Whole 04:03:45 PM Senators Priola and Baisley presented HB24B-1003, which creates a business personal property tax exemption for personal property in greenhouses, and extends two other exemptions. 04:11:07 PM Ms. Garin Vorthmann, representing Colorado Farm Bureau, testified in support of the bill. JoAnn Groff, representing Department of Local Affairs Division of Property Taxation, answered committee questions. 04:14:41 PM Chip Wernig, representing themself, testified in support of the bill. 04:17:16 PM Senators Priola and Baisley provided closing comments on the bill. 04:19:47 PM Motion Refer House Bill 24B-1003 to the Committee of the Whole. Moved Kolker Seconded Buckner No Hansen Yes Simpson No Smallwood Yes Van Winkle Yes Kolker Yes Mullica No Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS HCR24B-1001 - Postponed Indefinitely 04:19:56 PM Senator Hansen presented HCR24B-1001, which refers a constitutional amendment to voters at the 2024 general election that, if approved, requires any statewide voter initiative that affects or limits property tax revenue or spending be approved by voters in a local government jurisdiction for the statewide limit to apply to that local government. 04:23:01 PM Kevin Bommer, representing Colorado Municipal League, testified in support of the bill. 04:28:19 PM Natalie Menten, representing themself, testified in opposition to the bill. 04:28:22 PM Michael Valdez, representing the Special District Association, testified on the bill. 04:30:11 PM Ms. Erin Meschke, representing themself, testified in opposition to the bill. 04:32:57 PM Motion Postpone HCR24B-1001 indefinitely. Moved Hansen 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 04:33:07 PM The committee adjourned.
