CLICS/CLICS2018A/commsumm.nsf
PUBLIC
BILL SUMMARY For SEVERANCE TAX REVENUE
INTERIM COMMITTEE WATER RESOURCES REVIEW COMMITTEE
Date Jun 19, 2018
Location HCR 0112
Severance Tax Revenue - Committee Discussion Only
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09:45:42 AM |
Mr. Silbaugh responded to committee questions regarding the recent Supreme Court decision resulting from the BP America Production Co. court case, and its impact on state severance tax revenue.
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09:50:58 AM |
Bill Levine, Department of Natural Resources, presented an overview of how severance tax collections are spent in the state. A copy of the presentation can be found at: http://leg.colorado.gov/node/1221201/.
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10:03:11 AM |
Carly Jacobs, Department of Natural Resources, discussed how the Severance Tax Operational Fund is spent within the department.
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10:10:20 AM |
Mr. Levine responded to committee questions regarding recent severance tax collections and other potential revenue sources to fund large water projects in the state.
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10:13:17 AM |
Mr. Silbaugh and Ms. Jacobs responded to
committee questions regarding tax refunds related to the BP court case.
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