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268CEC15CF3FCDEB8725823B00775FB2 Hearing Summary


Date Feb 21, 2018      
Location HCR 0112

HB18-1119 - Postponed Indefinitely

02:47:14 PM  

Rep. Leonard introduced House Bill 18-1119. The bill diverts 7.5 percent of sales and use tax revenue from the General Fund to the State Highway Fund. Conditional on approval of a ballot measure, the bill authorizes the issuance of Transportation Revenue Anticipation Notes and repeals executions of lease-purchase agreements under Senate Bill 17-267.  Rep. Leonard distributed a fact sheet [Attachment C], a chart [Attachment D], and a graph [Attachment E]. He answered several committee questions.

03:22:53 PM  
Committee discussion with Rep. Leonard continued.
03:46:21 PM  

Mr. Bryan Stelmack, representing Stifel Nicolaus, came to the table to answer committee questions.

03:54:27 PM  
Mr. Andy Karsian, representing the Department of Transportation, Ms. Amber Egbert, representing the Department of Revenue, and Mr. Ryan Parsell, representing the Department of Treasury, all came to the table to answer committee questions.
04:09:19 PM  

Ms. Alice Haugland, representing herself, testified against the bill.

04:12:34 PM  
Mr. Richard Orf, representing the Associated Governments of Northwest Colorado, testified against the bill.
04:14:16 PM  
Mr. RJ Hicks, representing the Colorado Motor Carriers Association, testified in support of the bill with several amendments.
04:17:54 PM  
Mr. Orf answered several committee questions.
04:23:13 PM  
Ms. Ann Rajewski, representing the Colorado Association of Transit Agencies, testified against the bill.
04:25:17 PM  
Ms. Sophia Guerrero-Murphy, representing Conservation Colorado, testified against the bill.
04:29:00 PM  

Rep. Carver distributed amendment L.003 [Attachment F] and a handout [Attachment G].

04:38:11 PM
Motion Adopt amendment L.003 (Attachment F).
Moved Carver
Seconded Buck
Becker J.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:38:17 PM  
Rep. Leonard gave some concluding remarks on the bill.

04:53:38 PM
Motion Refer House Bill 18-1119, as amended, to the Committee on Finance.
Moved Buck
Seconded Lewis
Becker J. Yes
Bridges No
Buck Yes
Carver Yes
Esgar No
Ginal No
Hansen No
Jackson No
Lawrence Yes
Lewis Yes
Roberts No
McLachlan No
Winter No
YES: 5   NO: 8   EXC: 0   ABS:  0   FINAL ACTION:  FAIL

04:54:15 PM
Motion Postpone House Bill 18-1119 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Esgar
Seconded Hansen
Becker J. No
Bridges Yes
Buck No
Carver No
Esgar Yes
Ginal Yes
Hansen Yes
Jackson Yes
Lawrence No
Lewis No
Roberts Yes
McLachlan Yes
Winter Yes
Final YES: 8   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS