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s_sa_2016a_2016-04-20t13:38:17z2 Hearing Summary

Date: 04/20/2016



Final

BILL SUMMARY for SCR16-004



SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS


Votes: View--> Action Taken:
Postpone SCR16-004 indefinitely using a reversal o

Refer Senate Concurrent Resolution 16-004 to the C
PASS

FAIL







01:54 PM -- SCR16-004



Senator Ulibarri presented Senate Concurrent Resolution 16-004 to the committee. The resolution submits a ballot question to voters to approve a new transfer tax on the sale of real property with the new revenue dedicated to increase affordable housing. If approved by voters, the state constitution is amended to allow a new transfer tax on real property and create a new transfer tax with a rate of 0.1 percent. The new tax is collected by the County Clerk and Recorder when the deed is recorded. The tax revenue is deposited in the new State Affordable Housing Trust Fund administered by the Colorado Housing Finance Agency (CHFA).



01:58 PM --
Jason Hopfer, representing the Colorado Association of Realtors, testified against the resolution.



02:00 PM --
Michael Reis, representing the Longmont Housing Authority, testified in support of the resolution.



02:06 PM --
Carrie Baatz, representing the Independence Center, testified in support of the resolution.



02:10 PM --
Jeremy Durham, representing Boulder Housing Partners, testified in support of the resolution.



02:15 PM --
Kurt Firnhaber, representing the City of Boulder, testified in support of the resolution.





02:19 PM



Senator Ulibarri wrapped up his presentation to the committee.

BILL: SCR16-004
TIME: 02:19:49 PM
MOVED: Ulibarri
MOTION: Refer Senate Concurrent Resolution 16-004 to the Committee on Finance. The motion failed on a vote of 2-3.
SECONDED:
VOTE
Hill
No
Jones
Yes
Ulibarri
Yes
Sonnenberg
No
Scott
No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL






BILL: SCR16-004
TIME: 02:27:33 PM
MOVED: Sonnenberg
MOTION: Postpone SCR16-004 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2.
SECONDED:
VOTE
Hill
Yes
Jones
No
Ulibarri
No
Sonnenberg
Yes
Scott
Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS












The House and Senate are temporarily adjourned.  The building is closed to the public.

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