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H_FIN_2016A 01/28/2016 10:01:00 AM Committee Summary

Final

STAFF SUMMARY OF MEETING



HOUSE COMMITTEE ON FINANCE

Date: 01/28/2016
ATTENDANCE
Time: 10:01 AM to 10:21 AM
Becker K.
X
Conti
X
Place: LSB A
Garnett
X
Kagan
X
This Meeting was called to order by
Pabon
X
Representative Court
Priola
X
Roupe
X
This Report was prepared by
Van Winkle
X
Katie Ruedebusch
Wilson
X
Foote
X
Court
X
X = Present, E = Excused, A = Absent, * = Present after roll call
Bills Addressed: Action Taken:
HB16-1044 Referred to the Committee of the Whole



Representative Court, chair, called the meeting to order. A quorum was present.



10:02 AM -- HB16-1044



Representative Becker, J. introduced House Bill 16-1044. The bill extends two repeal dates related to the Petroleum Storage Tank Funk by five years. First, the bill extends to September 1, 2023, from July 1, 2018, a trigger that would reduce the environmental response surcharge assessment to a flat $25, or eliminate it entirely if the fund balance exceed $8 million. Second, the bill extends to September 1, 2023, from July 1, 2018, the law authorizing the use of the fund for petroleum storage tank facility inspections and meter calibrations.



10:04 AM --
Mr. Brian Haldorson, representing A-B Petroleum, came to the table in support of the bill.



10:09 AM -- Mr. Grier Baily, representing the Colorado Wyoming Petroleum Marketers Association, came to the table to answer a committee question.



10:11 AM -- Mr. John Drafts, representing Palmetto Environmental, came to the table in support of the bill.



10:14 AM -- Mr. Stan Dempsey, representing the Colorado Petroleum Association, came to the table in support of the bill.




















BILL: HB16-1044
TIME: 10:18:53 AM
MOVED: Court
MOTION: Refer House Bill 16-1044 to the Committee of the Whole. The motion passed on a vote of 10-1.
SECONDED: Van Winkle
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
No
Priola
Yes
Roupe
Yes
Van Winkle
Yes
Wilson
Yes
Foote
Yes
Court
Yes
Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS





10:21 AM



The committee adjourned.


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