h_agr_2016a_2016-03-21t13:31:21z0 Hearing Summary

Date: 03/21/2016

01:32 PM -- HB 16-1339



Representatives Buck and Ginal, co-prime sponsors, presented House Bill 16-1339, concerning agricultural property foreclosures. Representative Buck distributed Amendment L.001 (Attachment A), which strikes everything below the enacting clause. Current law establishes the initial date of sale of foreclosed property based on who is selling the property and whether the property is agricultural or nonagricultural. Property is nonagricultural unless all of the property is considered agricultural. The bill, as amended, allows property that is an part agricultural to be considered agricultural and entitled to a longer time frame between the date of foreclosure notice and the foreclosure sale.



160321 AttachA.pdf



The following persons testified on the bill:



01:37 PM -- Brita Horn, Procurement Technical Assistance Center (PTAC), spoke in support of the bill. Ms. Horn discussed specifics of the bill and responded to questions from the committee.



01:42 PM -- Keith Erthmeyer, Colorado Assessors Association, Assessor for City and County of Denver, spoke in support of the bill. Mr. Erthmeyer discussed the process of foreclosure of an agricultural properties and how House Bill 16-1339 addresses issues that arise when foreclosing on agricultural property.



01:46 PM



Mr. Erthmyer and Ms. Horn answered further questions from the committee.

01:47 PM



Representative Buck and Representative Ginal made their concluding comments on the bill and thanked Ms. Horn and Mr. Erthmyer for their testimony.