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PUBLIC
BILL SUMMARY For SB21-281

SENATE COMMITTEE ON FINANCE
Date May 24, 2021       Location Old Supreme Court

SB21-281 - Referred to Senate Appropriations


03:12:51 PM  
Sens. Rankin and Hansen introduced Senate Bill 21-281. The bill requires new metropolitan districts to pay the state for oil and gas severance tax property tax credits, and restructures the funding mechanism for eight grant programs currently financed with severance tax revenue. The sponsors answered several committee questions.
03:19:47 PM  
Ms. Carrie Hackenberger, representing API Colorado, testified to amend the bill.  Mr. Scott Prestidge, representing Colorado Oil & Gas Association, testified to amend the bill.  Ms. Heather Stauffer, representing Colorado Municipal League, testified in support of the bill.

03:26:34 PM
Motion Refer Senate Bill 21-281 to the Committee on Appropriations.
Moved Bridges
Seconded
Hisey Yes
Lee Yes
Lundeen Yes
Scott Yes
Winter Excused
Bridges Yes
Pettersen Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS