S_TRA_2023A 01/25/2023 01:31:13 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON TRANSPORTATION & ENERGY Date 01/25/2023 Attendance Cutter X Exum X Jaquez Lewis X Pelton B. X Simpson X Priola X Winter F. X Time 01:31:13 PM to 04:04:57 PM Place SCR 352 This Meeting was called to order by Winter F. This Report was prepared by Nina Forbes Hearing Items Action Taken hSB23-016 Amended, referred to Senate Finance SB23-016 - Amended, referred to Senate Finance Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/05C2B9287C46...$File/Attachment A SB 23-016 Written Testimony MERGED.pdf?OpenElement Attachment A SB 23-016 Written Testimony MERGED.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/45780B6423A4...$File/Attachment B.pdf?OpenElement Attachment B.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/43E6A99449D1...$File/Attachment C.pdf?OpenElement Attachment C.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/3DAA73B52957...$File/Attachment D.pdf?OpenElement Attachment D.pdf 01:31:29 PM Senator Hansen, prime sponsor, introduced and explained Senate Bill 23-016, Greenhouse Gas Emission Reduction Measures. The bill creates a state income tax credit for new, electric-powered lawn equipment; requires the Public Employeesâ Retirement Association and insurance companies to study climate risks to their investment portfolios; authorizes the Department of Natural Resources to regulate Class VI injection wells; and updates the stateâs greenhouse gas emissions reduction goals. 01:41:28 PM Clay Clarke, representing the Colorado Department of Public Health & Environment, testified in a neutral position on the bill. 01:42:22 PM Director Julie Murphy, representing the Colorado Oil and Gas Conservation Commission, was available to answer committee questions. 01:42:33 PM Ron Baker, representing Colorado Public Employees' Retirement Association (PERA), testified to amend the bill. 01:44:20 PM Nathaniel Miullo, representing themself, testified to amend the bill. 01:44:39 PM Duncan Gilchrist, representing The Nature Conservancy, testified to amend the bill. 01:48:47 PM Mr. Miullo and Mr. Baker answered questions from the committee 01:57:40 PM Tony Gaqliardi, representing National Federation of Independent Business (NFIB), testified in opposition to the bill. 01:58:40 PM Commissioner Kevin Ross, representing Weld County, testified to amend the bill. 02:02:34 PM Keith Hay, representing Colorado Energy Office, Governor's Office, testified to amend the bill. 02:07:58 PM Mr. Hay answered questions from the committee. 02:08:45 PM Meghan Dollar, representing Colorado Chamber of Commerce, testified to amend the bill. 02:10:27 PM Jeff Lyng, representing Xcel Energy, testified to amend the bill. 02:12:51 PM Leslie Glustrom, representing themself, testified to amend the bill. 02:19:46 PM Kevin Cross, representing Colorado Coalition for a Livable Climate, testified to amend the bill. 02:23:15 PM Ramesh Bhatt, representing Sierra Club, testified to amend the bill. 02:26:33 PM Rachel Beck, representing Colorado Competitive Council, testified in opposition to the bill. 02:29:32 PM Kirsten Schatz, representing Colorado Public Interest Research Group (CoPIRG), testified in support of the bill. 02:33:56 PM Alana Miller, representing Natural Resources Defense Council (NRDC), testified in support of the bill. 02:36:46 PM Ms. Beck answered questions from the committee. 02:39:41 PM Vivian Anderson, representing themself, testified in support of the bill. 02:41:53 PM Abby Ninneman, representing themself, testified in support of the bill. 02:43:17 PM Jenna Tedesco, representing themself, testified in support of the bill. 02:44:41 PM Avery Leonard, representing themself, testified in support of the bill. 02:45:37 PM Mia Sisneros, representing themself, testified in support of the bill. 02:46:53 PM Teagan Olson, representing themself, testified in support of the bill. 02:52:50 PM Reverand Amy Petre-Hill, representing themself, testified in support of the bill. 02:56:14 PM Tom Abood, representing Together Colorado, testified in support of the bill. 03:01:02 PM Kenneth Nova, representing themself, testified in support of the bill. 03:04:15 PM Katie Schneer, representing Environmental Defense Fund, testified in support of the bill. 03:04:18 PM Nikolaus Remus, representing Colorado Chapter of the American Institute of Architects, testified in support of the bill. 03:06:05 PM Jan Rose, representing Colorado Coalition for a Livable Climate, testified in support of the bill. 03:08:32 PM Ms. Schneer answered questions from the committee. 03:11:43 PM Pete Kolbenschlag, representing Colorado Farm and Food Alliance, testified in support of the bill. 03:17:26 PM Lorena Gonzalez, representing Conservation Colorado, testified in support of the bill. 03:17:50 PM Devon Reynolds, representing themself, testified in support of the bill. 03:20:45 PM Brett Moore, representing Interwest Energy Alliance, testified in support of the bill. 03:25:03 PM David Sabados, representing Regional Air Quality Council, testified in support of the bill. 03:26:14 PM Giselle Herzfeld, representing 350 Colorado, testified in support of the bill. 03:29:13 PM Former Senator Mike Foote, representing 350 Colorado, testified in support of the bill. 03:35:51 PM Mr. Sabados and former Senator Foote answered questions from the committee. 03:37:56 PM Toby Heaps, representing Corporate Knights Inc., testified in support of the bill. 03:43:59 PM Sally Dowiatt, representing themself, testified in support of the bill. 03:47:56 PM Braeden Miguel, representing themself, testified in support of the bill. 03:51:36 PM Angela Espinsoa, representing themself, testified in a neutral position on the bill. 03:51:37 PM Written testimony is included as Attachment A. 03:51:39 PM Senator Hansen introduced and explained Amendments L.001, L.002, and L.003 (Attachments B-D). 03:58:58 PM Motion Adopt amendment L.001 (Attachment B). Moved Priola Seconded Cutter Exum Jaquez Lewis Pelton B. Simpson Priola Winter F. YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:59:52 PM Motion Adopt amendment L.002 (Attachment C). Moved Priola Seconded Cutter Exum Jaquez Lewis Pelton B. Simpson Priola Winter F. YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:01:08 PM Motion Adopt amendment L.003 (Attachment D). Moved Priola Seconded Cutter Exum Jaquez Lewis Pelton B. Simpson Priola Winter F. YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:01:09 PM Senator Hansen gave closing remarks on the bill. 04:02:04 PM Senator Simpson gave closing comments on the bill. 04:02:51 PM Senator Jaquez Lewis gave closing comments on the bill. 04:04:50 PM Motion Refer Senate Bill 23-016, as amended, to the Committee on Finance. Moved Priola Seconded Cutter Yes Exum Yes Jaquez Lewis Yes Pelton B. No Simpson No Priola Yes Winter F. Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS 04:04:57 PM The committee adjourned.