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PUBLIC
BILL SUMMARY For HB25-1260

HOUSE COMMITTEE ON FINANCE
Date Mar 31, 2025       Location HCR 0112

HB25-1260 - Amended, referred to the Committee of the Whole


03:01:05 PM  
Representative DeGraaf, prime bill sponsor, presented House Bill 25-1260, concerning the resiliency of the systems that provide electricity in relation to geomagnetic storms. The bill requires evaluating and reporting on the state’s electric generation and grid resilience against geomagnetic storms. Representative DeGraaf distributed and discussed amendment L.005 (Attachment B). Representative DeGraaf responded to questions from the committee.
03:16:16 PM  
Mrs. Donna LaBelle, representing herself, testified in support of the bill. Mr. Glenn Rhoades, representing the Task Force on National and Homeland Security, testified in support of the bill. Mr. Scott Aaronson, representing Edison Electric Institute, testified in support of the bill.
03:25:25 PM  

Rebecca White, representing the Public Utilities Commission, testified in opposition to the bill.  Aaron Wilson, representing Xcel Energy, testified in opposition to the bill.  James Lester, representing the Colorado Energy Office, testified in opposition to the bill.  The panel of witnesses responded to questions from the committee.

Written testimony about the bill is included as Attachment C.

03:47:12 PM  
Shukria Maktabi, representing Legislative Council Staff, joined the committee to comment on the fiscal note.

03:48:20 PM
Motion Adopt amendment L.005 (Attachment B).
Moved DeGraaf
Seconded Joseph
Brooks
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
03:48:22 PM  
Representative DeGraaf provided closing comments and asked for a favorable recommendation.

03:53:43 PM
Motion Refer House Bill 25-1260, as amended, to the Committee of the Whole.
Moved DeGraaf
Seconded Gonzalez R.
Brooks Yes
Camacho Yes
DeGraaf Yes
Garcia No
Gonzalez R. Yes
Hartsook Yes
Joseph Yes
Marshall Yes
Stewart R. No
Weinberg Yes
Zokaie No
Titone No
Lindstedt No
Final YES: 8   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS