S_FIN_2023A 03/07/2023 02:06:25 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 03/07/2023 Attendance Priola X Simpson * Smallwood X Van Winkle * Winter F. X Kolker X Mullica X Time 02:06:25 PM to 03:01:08 PM Place SCR 357 This Meeting was called to order by Mullica This Report was prepared by Katie Ruedebusch Hearing Items Action Taken hConf 23-Lottery Commission — Colorado Favorably Refer to Full Senate - Consent Calendar hHB23-1111 Referred to the Committee of the Whole hHB23-1121 Referred to the Committee of the Whole hHB23-1141 Referred to the Committee of the Whole - Consent Calendar hSB23-069 Amended, referred to Senate Appropriations hHB23-1087 Referred to the Committee of the Whole - Consent Calendar hHB23-1106 Referred to the Committee of the Whole - Consent Calendar Conf 23-Lottery Commission — Colorado - Favorably Refer to Full Senate - Consent Calendar 02:06:41 PM Director Tom Seaver came to the table to introduce the appointees for the Colorado Lottery Commission. 02:07:45 PM Ms. Janelle Quick came to the table to discuss her qualifications to serve on the Colorado Lottery Commission. Mr. Stan Podoski came to the table to discuss his qualifications to serve on the Colorado Lottery Commission. 02:10:22 PM Motion Refer the appointments of Stanley Podolski and Janelle Quick to the Colorado Lottery Commission to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar. Moved Kolker Seconded Priola Yes Simpson Excused Smallwood Yes Van Winkle Yes Winter F. Yes Kolker Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB23-1111 - Referred to the Committee of the Whole 02:12:12 PM Sen. Hansen introduced House Bill 23-1111. The bill increases the unauthorized insurance premium tax rate from 2.25 percent to 3.0 percent. The sponsor answered several committee questions. 02:15:11 PM Motion Refer House Bill 23-1111 to the Committee of the Whole. Moved Kolker Seconded Priola Yes Simpson Excused Smallwood No Van Winkle No Winter F. Yes Kolker Yes Mullica Yes Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS HB23-1121 - Referred to the Committee of the Whole 02:18:45 PM Sens. Hansen and Liston introduced House Bill 23-1121. The bill eliminates several tax expenditures from the stateâs insurance premium tax, individual and corporate income tax, and severance tax. 02:20:42 PM Motion Refer House Bill 23-1121 to the Committee of the Whole. Moved Kolker Seconded Priola Yes Simpson Excused Smallwood Yes Van Winkle No Winter F. Yes Kolker Yes Mullica Yes Final YES: 5 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS HB23-1141 - Referred to the Committee of the Whole - Consent Calendar 02:22:27 PM Sens. Hinrichsen and Mullica introduced House Bill 23-1141. The bill authorizes History Colorado to sell three properties in Central City, Denver, and Pueblo. The sales are subject to approval by the Capital Development Committee and the State Controller. The sponsors answered some committee questions 02:27:52 PM Motion Refer House Bill 23-1141 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Moved Mullica Seconded Priola Yes Simpson Yes Smallwood Yes Van Winkle Yes Winter F. Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB23-069 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/C01D26BF7883...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/C9ED2C6AADFB...$File/Attachment B.pdf?OpenElement Attachment B.pdf 02:28:14 PM Sens. Hinrichsen and Will came to the table to discuss the bill and possible amendments. The committee previously heard the bill on February 23, 2023. 02:30:22 PM Motion Adopt amendment L.003 (Attachment A) Moved Kolker Seconded Priola Simpson Smallwood Van Winkle Winter F. Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:30:38 PM Motion Adopt amendment L.006 (Attachment B) Moved Kolker Seconded Priola Simpson Smallwood Van Winkle Winter F. Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:31:12 PM Motion Refer Senate Bill 23-069, as amended, to the Committee on Appropriations. Moved Kolker Seconded Priola Yes Simpson Yes Smallwood No Van Winkle No Winter F. Yes Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB23-1087 - Referred to the Committee of the Whole - Consent Calendar Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/58015C4572B8...$File/Attachment C.pdf?OpenElement Attachment C.pdf 02:32:00 PM Sen. Will introduced House Bill 23-107. The bill requires the state controller to adopt rules allowing for advance payments of state grant money to charities to purchase state agricultural products. 02:35:26 PM Greta Allen, representing the Colorado Blueprint to End Hunger, testified in support of the bill. Ms. Hanmei Hoffman, representing themself, testified in support of the bill. Tyler Garrett, representing the Rocky Mountain Farmers Union, testified in support of the bill. Mr. Larry Martinez, representing the Denver Inner City Parish, testified in support of the bill. Written testimony may be found in Attachment C. 02:48:55 PM Motion Refer House Bill 23-1087 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Moved Kolker Seconded Priola Yes Simpson Yes Smallwood Yes Van Winkle Yes Winter F. Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB23-1106 - Referred to the Committee of the Whole - Consent Calendar 02:49:06 PM Sens. Kolker and Will introduced House Bill 23-1106. The bill allows the Fire and Police Pension Association (FPPA) board to determine the form in which cost of living adjustments may be paid, including noncompounding payments. 02:54:06 PM Mr. Chip Weule, representing the Fire and Police Pension Association of Colorado, testified in support of the bill. Mr. Adam Franklin, representing the Fire and Police Pension Association of Colorado, testified in support of the bill. 02:56:29 PM Motion Refer House Bill 23-1106 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Moved Kolker Seconded Priola Excused Simpson Yes Smallwood Yes Van Winkle Yes Winter F. Yes Kolker Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS 03:01:08 PM The committee adjourned.