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h_fin_2018a_2018-04-23t13:35:32z4 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1387

HOUSE COMMITTEE ON FINANCE
Date Apr 23, 2018      
Location LSB A



HB18-1387 - Referred to the Committee of the Whole


03:34:59 PM  

Representative Rankin, prime-sponsor, presented House Bill 18-1387, which eliminates interest paid by local governments for erroneously paid property taxes on oil and natural gas property due to an error in information provided by the taxpayer.  Committee members received a letter of support from Colorado Mountain College [Attachment H].

03:38:49 PM  
Mr. Jim Yellico, representing Garfield County, testified in support of the bill and responded to committee questions.
03:41:15 PM  
Mr. Irv Halter, representing the Departments of Local Affairs and Natural Resources, testified in support of the bill.
03:43:12 PM  

Mr. Richard Orf, representing the Associated Governments of Northwest Colorado, testified in support of the bill.  Committee members received a letter of support from Mr. Orf and an article about taxing districts [Attachments I and J, respectively].

03:45:18 PM  
Mr. David Blair, representing the Grand Valley Fire Protection District, testified in support of the bill.
03:46:25 PM  
Mr. Jim Cole, representing the Colorado Oil and Gas Association, testified in opposition to the bill.
03:50:23 PM  
Ms. Angie Binder, representing the Colorado Petroleum Association, testified in opposition to the bill.
03:51:30 PM  

Ms. Loren Furman, representing the Colorado Chamber of Commerce, testified in opposition to the bill.

03:56:04 PM  
Ms. Furman and Mr. Cole responded to committee questions.
03:59:29 PM  
Representative Rankin responded to a committee question.


04:03:46 PM
Motion Refer House Bill 18-1387 to the Committee of the Whole.
Moved Van Winkle
Seconded Covarrubias
Beckman Excused
Benavidez Yes
Covarrubias Yes
Gray Yes
Herod Yes
Kennedy Yes
Lawrence Yes
Michaelson Jenet Excused
Sandridge Yes
Thurlow Yes
Van Winkle Yes
Foote Yes
Pabon Yes
Final YES: 11   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS