Location: LSB A
Final
BILL SUMMARY for HB17-1171
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
BILL SUMMARY for HB17-1171
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Adopt amendment L.001 (Attachment D). The motion p Postpone House Bill 17-1171 indefinitely. The moti Refer House Bill 17-1171, as amended, to the Commi |
Pass Without Objection PASS FAIL |
01:44 PM -- HB17-1171
Representative Buck and Representative Carver, co-prime bill sponsors, presented House Bill 17-1171. The bill requires the state Transportation Commission to submit a ballot question to voters in 2017 for approval of $3.5 billion in Transportation Revenue Anticipation Notes (TRANs) once existing transportation bonds have been repaid. The maximum repayment cost cannot exceed $5.0 billion or take longer than 20 years to repay. TRANs proceeds must be spent on 149 transportation projects across the state identified in the Colorado Department of Transportation's (CDOT) draft 2016 transportation development program.
The bill also eliminates the final three years of Senate Bill 09-228 transfers and diverts 10 percent of state sales tax revenue to the Highway Users Tax Fund (HUTF) and 1 percent of state sales tax revenue to the Capital Construction Fund (CCF). Both the Senate Bill 09-228 transfers and the sales tax diversions to the HUTF are transferred to the State Highway Fund, so this change will not impact the local distribution of the HUTF. No more than 10 percent of the revenue deposited into the HUTF not used to pay the TRANs may be used for transit-related improvements.
Representative Carver answered questions from the committee.
02:05 PM
Larson Silbaugh, Legislative Council Staff, answered questions from the committee.
02:07 PM
Representative Buck and Representative Carver answered questions from the committee. Representative Carver provided a handout to the committee (Attachment C).
02:17 PM
Mr. Silbaugh answered additional questions from the committee.
02:31 PM -- Ron Papsdorf, Colorado Department of Transportation, answered questions from the committee.
02:33 PM
Representative Carver answered questions from the committee.
02:38 PM
Mr. Papsdorf and Representative Carver answered questions from the committee.
03:00 PM -- Tony Milo, Colorado Contractors Association, testified in opposition to the bill. Mr. Milo answered questions from the committee.
03:12 PM -- Ali Mickelson, Colorado Fiscal Institute, testified in opposition to the bill.
03:14 PM
The committee recessed.
03:17 PM
The committee came back to order.
03:17 PM -- Bruce Hamon, Hamon Infrastructure, testified on the bill. Mr. Hamon answered questions from the committee.
03:31 PM
The committee recessed.
03:39 PM
The committee came back to order. Representative Carver explained amendment L.001 (Attachment D). Representative Carver answered questions about amendment L.001.
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| BILL: | HB17-1171 | |
| TIME: | 03:41:03 PM | |
| MOVED: | Humphrey | |
| MOTION: | Adopt amendment L.001 (Attachment D). The motion passed without objection. | |
| SECONDED: | Leonard | |
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VOTE |
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Benavidez |
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Hooton |
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Humphrey |
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Leonard |
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Melton |
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Weissman |
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Williams D. |
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Lontine |
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Foote |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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03:41 PM
Representative Buck and Representative Carver made concluding remarks about the bill. Committee members commented on the bill.
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| BILL: | HB17-1171 | |
| TIME: | 03:53:17 PM | |
| MOVED: | Humphrey | |
| MOTION: | Refer House Bill 17-1171, as amended, to the Committee on Finance. The motion failed on a vote of 3-6. | |
| SECONDED: | Leonard | |
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VOTE |
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Benavidez |
No |
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Hooton |
No |
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Humphrey |
Yes |
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Leonard |
Yes |
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Melton |
No |
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Weissman |
No |
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Williams D. |
Yes |
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Lontine |
No |
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Foote |
No |
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YES: 3 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | HB17-1171 | |
| TIME: | 03:55:07 PM | |
| MOVED: | Melton | |
| MOTION: | Postpone House Bill 17-1171 indefinitely. The motion passed on a vote of 6-3. | |
| SECONDED: | Lontine | |
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VOTE |
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Benavidez |
Yes |
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Hooton |
Yes |
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Humphrey |
No |
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Leonard |
No |
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Melton |
Yes |
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Weissman |
Yes |
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Williams D. |
No |
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Lontine |
Yes |
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Foote |
Yes |
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Final YES: 6 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS
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03:55 PM
The committee adjourned.