95D2B85ABDAF0207872586DF00748614 Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For SB21-281SENATE COMMITTEE ON FINANCEDate May 24, 2021 Location Old Supreme Court SB21-281 - Referred to Senate Appropriations 03:12:51 PM Sens. Rankin and Hansen introduced Senate Bill 21-281. The bill requires new metropolitan districts to pay the state for oil and gas severance tax property tax credits, and restructures the funding mechanism for eight grant programs currently financed with severance tax revenue. The sponsors answered several committee questions. 03:19:47 PM Ms. Carrie Hackenberger, representing API Colorado, testified to amend the bill. Mr. Scott Prestidge, representing Colorado Oil & Gas Association, testified to amend the bill. Ms. Heather Stauffer, representing Colorado Municipal League, testified in support of the bill. 03:26:34 PM Motion Refer Senate Bill 21-281 to the Committee on Appropriations. Moved Bridges Seconded Hisey Yes Lee Yes Lundeen Yes Scott Yes Winter Excused Bridges Yes Pettersen Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS