Senator Roberts, prime sponsor, introduced and explained Senate Bill 26-001. The bill allows a county to spend property tax revenue in its general fund for housing authorities and workforce housing. The bill also permits a governmental entity to transfer the middle-income housing tax credit to any individual, person, firm, corporation, or other entity subject to income taxes.

The bill sponsor responded to questions from the committee.

Thomas Bryan, representing the Colorado Housing and Finance Authority, testified to amend the bill. Tela Forehand, representing themself, testified in opposition to the bill.

The panelists responded to questions from the committee.

Bev Stables, representing the Colorado Municipal League, testified in support of the bill. Tamara Pouge, representing Summit County, testified in support of the bill. Andrew Armstrong, representing Summit County, testified in support of the bill.

The bill sponsor introduced and explained amendment L.001 (Attachment A).

The bill sponsor introduced and explained amendment L.002 (Attachment B).

The bill sponsor introduced and explained amendment L.004 (Attachment D).

Committee members made closing comments.