H_FIN_2021A 05/14/2021 05:49:07 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 05/14/2021 Attendance Benavidez X Bradfield X Daugherty X Gonzales-Gutierrez X Gray * Kipp X Luck X Rich X Sandridge X Snyder X Bird X Time 05:49:07 PM to 10:33:49 PM Place Old State Library This Meeting was called to order by Bird This Report was prepared by Vanessa Reilly Hearing Items Action Taken hHB21-1311 Amended, referred to House Appropriations hHB21-1312 Amended, referred to House Appropriations 05:50:05 PM Representative Bird explained committee procedures for the day. HB21-1311 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/6BCB8E8AF01C...$File/210514 AttachA.pdf?OpenElement 210514 AttachA.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/88195DC438DD...$File/210514 AttachB.pdf?OpenElement 210514 AttachB.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/718512190895...$File/210514 AttachC.pdf?OpenElement 210514 AttachC.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/37A8DFBC17E4...$File/210514 AttachD.pdf?OpenElement 210514 AttachD.pdf 05:51:43 PM Representatives Sirota and Weissman presented House Bills 21-1311 and 1312 to the committee, along with four handouts (Attachments A-D). 06:02:05 PM Travis Holland, representing Colorado Oil & Gas Association and Colorado Petroleum Council, testified against HB21-1312. 06:05:06 PM Richard Orf, representing Associated Governments of Northwest Colorado, testified against HB21-1312. 06:08:14 PM Tyler Laughlin, representing American Council of Life Insurers, testify to amend HB21-1312. 06:10:04 PM Saul Alfaro, representing himself, testified in support of HB21-1311. 06:36:54 PM Amanda Bent, representing Spring Institute, testified in support of HB21-1311. 06:40:43 PM Linda Phillips, representing herself, testified in support of HB21-1311. 06:44:07 PM Alison Friedman Phillips, representing The Women’s Foundation of Colorado, testified in support of HB21-1311. 06:45:57 PM Austin Vincent, representing Colorado Farm Bureau, testified to amend HB21-1311. 06:46:48 PM Brent Jones, representing National Association of Insurance and Financial Advisors, testified to amend both bills. 06:49:37 PM Lindsey Vigoda, representing the Small Business Majority, testified in support of HB21-1312. 06:54:10 PM Norm Davey, representing Together Colorado, testified in support of both bills. 06:56:03 PM Caroline Nutter, representing Colorado Fiscal Institute, testified in support of HB21-1312. 06:58:47 PM Kaitlin Altone, representing 9to5 Colorado, testified in support of HB21-1311. 07:05:29 PM Chaer Robert, representing Colorado Center on Law and Policy, testified in support of HB21-1311. 07:05:47 PM Dianna Orf, representing Colorado Mining Association, testified to amend HB21-1312. 07:07:02 PM Kelly Brough, representing Denver Metro Chamber of Commerce, testified in opposition to both bills. 07:09:02 PM Jordan Smith, representing Illuminate Colorado, testified in support of HB21-1311. 07:14:11 PM Sandy Shoemaker, representing Employee Ownership Commission, testified in support of HB21-1311. 07:18:51 PM Kelly Campbell, representing American Property Casualty Insurance Association, testified in opposition to HB21-1312. 07:19:23 PM Loren Furman, representing Colorado Chamber of Commerce, testified in opposition to both bills. 07:21:04 PM Sarah Barnes, representing Colorado Children's Campaign, testified in support of HB21-1311. 07:33:13 PM Evie Hudak, representing Colorado PTA, testified in support of HB21-1311. 07:33:39 PM Erica Kenney, representing Council On State Taxation, testified to amend both bills. 07:35:15 PM Jennifer Webb, representing Pacific Life Insurance Company, testified to amend HB21-1312. 07:39:21 PM Keith Mancini, representing Empower Retirement, testified to amend HB21-1312. 07:41:03 PM Angela Baier, representing CollegeInvest, was available to answer committee questions. 07:53:10 PM Curt Settle, representing the Division of Property Taxation, was available to answer committee members' questions. 08:16:15 PM Greg Sobetski, representing Legislative Council Staff, responded to committee members' questions. 08:26:20 PM Dennis Dougherty, representing the Colorado AFL-CIO, testified in support of HB21-1312. 08:38:22 PM Mark Ferrandino, representing the Department of Revenue, testified in support of both bills. 08:40:05 PM Brendon Reese, representing Department of Revenue, was available to answer committee questions. 08:44:54 PM Josh Pens, representing the Department of Revenue, was available to answer committee questions. 08:46:54 PM Scott Wasserman, representing the Bell Policy Center, testified in support of HB21-1311. Carol Hedges, representing the Colorado Fiscal Institute, testified in support of both bills. 09:38:34 PM Motion Adopt amendment L.002 Moved Snyder Seconded Gray Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 09:50:11 PM Motion Adopt amendment L.007 Moved Benavidez Seconded Snyder Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:01:46 PM Motion Adopt amendment L.008 Moved Benavidez Seconded Gonzales-Gutierrez Benavidez Yes Bradfield Yes Daugherty No Gonzales-Gutierrez No Gray No Kipp No Luck Yes Rich Yes Sandridge No Snyder No Bird No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:02:31 PM Representatives Sirota and Weissman wrapped up their presentation on HB21-1311. 10:12:42 PM Motion Refer House Bill 21-1311, as amended, to the Committee on Appropriations. Moved Snyder Seconded Gray Benavidez Yes Bradfield No Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Kipp Yes Luck No Rich No Sandridge No Snyder Yes Bird Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS HB21-1312 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/143BB87BD16E...$File/210514 AttachE.pdf?OpenElement 210514 AttachE.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/100FBEDD76CE...$File/210514 AttachF.pdf?OpenElement 210514 AttachF.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/E79D4268FC0C...$File/210514 AttachG.pdf?OpenElement 210514 AttachG.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/2CBB841D57EA...$File/210514 AttachH.pdf?OpenElement 210514 AttachH.pdf 10:14:50 PM Motion Adopt amendment L.001 Moved Snyder Seconded Gray Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:16:20 PM Motion Adopt amendment L.004 Moved Snyder Seconded Gray Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:17:48 PM Motion Adopt amendment L.005 Moved Snyder Seconded Kipp Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:24:57 PM Motion Adopt severed section A (lines 1-11) of amendment L.006 Moved Sandridge Seconded Luck Benavidez No Bradfield Yes Daugherty No Gonzales-Gutierrez No Gray No Kipp No Luck Yes Rich Yes Sandridge Yes Snyder No Bird No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:25:03 PM Representatives Weissman and Sirota wrapped up their presentation on HB21-1312. 10:33:31 PM Motion Refer House Bill 21-1312, as amended, to the Committee on Appropriations. Moved Snyder Seconded Gray Benavidez Yes Bradfield No Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Kipp Yes Luck No Rich No Sandridge No Snyder Yes Bird Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 10:33:49 PM The committee adjourned.