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s_fin_2017a_2017-05-04t10:38:47z1 Hearing Summary

Date: 05/04/2017

Location: SCR 357

Final

BILL SUMMARY for SB17-301



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Adopt amendment L.022 (Attachment A). The motion p

Refer Senate Bill 17-301, as amended, to the Commi
Pass Without Objection

PASS







10:41 AM -- SB17-301



Senator Scott presented Senate Bill 17-301, which annually transfers $2.1 million to the Colorado Energy Office in the Office of the Governor from the General Fund for four years from FY 2017-18 through FY 2020-21. It increases annual registration fees for plug-in electric vehicles by $35 per vehicle, to be deposited into the Highway Users Tax Fund. It requires the Colorado Public Utilities Commission to adopt rules related to investor-owned utility interests in Colorado-based natural gas reserves. It requires the CEO and the Department of Natural Resources to form a stakeholder group to address funding shortfalls related to abandoned oil and gas wells. It also repeals several defunct energy-related statutes in the CEO. Finally, the bill makes changes to the Property Assessed Clean Energy program. Senator Scott discussed amendment L.022 (Attachment A).



17SenateFin0504AttachA.pdf17SenateFin0504AttachA.pdf



10:44 AM --
Kathleen Staks, representing the Colorado Energy Office, testified in support of the bill.



10:47 AM --
Jim Cole, representing the Colorado Oil and Gas Association, testified in support of the bill.

BILL: SB17-301
TIME: 10:51:36 AM
MOVED: Hill
MOTION: Adopt amendment L.022 (Attachment A). The motion passed without objection.
SECONDED:
VOTE
Court
Kagan
Tate
Hill
Neville T.
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection




BILL: SB17-301
TIME: 10:52:19 AM
MOVED: Hill
MOTION: Refer Senate Bill 17-301, as amended, to the Committee on Appropriations. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kagan
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS














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