Location: HCR 0112
Final
BILL SUMMARY for HB17-1339
HOUSE COMMITTEE ON TRANSPORTATION & ENERGY
BILL SUMMARY for HB17-1339
HOUSE COMMITTEE ON TRANSPORTATION & ENERGY
| Votes: View--> | Action Taken: |
| Adopt amendment L.001 (Attachment F). The motion p Adopt amendment L.002 (Attachment G). The motion p Refer House Bill 17-1339, as amended, to the Commi |
Pass Without Objection Pass Without Objection PASS |
02:36 PM -- HB 17-1139
Representatives Hansen and Esgar introduced House Bill 17-1339. Under the bill, an investor-owned utility (e.g. Xcel Energy and Black Hills Energy) may apply to the Public Utilities Commission (PUC) for a financing order authorizing it to issue securitized utility ratepayer-backed bonds when closing a power plant. These Colorado Energy Impact Assistance (CO-EIA) bond proceeds are to be used by the utility to purchase, build, or invest in least-cost electric generating resources and to provide transition assistance to workers and communities affected by the plant closure. Bonds are to be repaid through a distinct and non-by-passable CO-EIA charge on ratepayers that must be used solely to repay the bonds within 32 years after issue date.
Representative Hansen illustrated several concepts of the bill on a whiteboard and distributed a copy of his presentation (Attachment B). Representatives Hansen and Esgar answered several committee questions.
03:06 PM
Committee discussion ensued regarding specific sections of the bill, ratepayer-backed bonds in other states, and the guarantors of the bonds.
03:15 PM -- Ms. Theresa Conley, representing Conservation Colorado, testified in support of the bill.
03:17 PM -- Ms. Erin Overturf, representing Western Resource Advocates, testified in support of the bill. She answered several committee questions.
03:30 PM
Committee discussion ensued with Ms. Overturf and Representative Hansen.
03:38 PM -- Ms. Leslie Glustrom, representing herself, testified against the bill. She distributed a handout to the committee (Attachment C).
03:43 PM -- Ms. Dianna Orf, representing the Colorado Mining Association, testified against the bill. She answered several committee questions.
03:46 PM -- Mr. Richard Orf, representing the Associated Governments of Northwest Colorado, testified against the bill. He answered several committee questions.
03:59 PM -- Mr. Phil Hayes, representing the International Brotherhood of Electrical Workers (IBEW) 111, testified in support of the bill.
04:02 PM -- Mr. Randy Zmerzlikar, representing IBEW, testified in support of the bill.
04:03 PM -- Mr. Darrin Gonzales, representing IBEW, testified in support of the bill.
04:04 PM -- Mr. Corey Miller, representing IBEW, testified in support of the bill.
04:11 PM -- Mr. Steve Pomerance, representing himself, testified against the bill.
04:14 PM -- Mr. Ken Regelson, representing himself, testified against the bill. He distributed a handout to the committee (Attachment D).
04:19 PM -- Mr. Doug Carter, representing the Colorado Independent Energy Association, testified in support of the bill with amendments.
04:24 PM -- Mr. Zach Pierce, representing the Sierra Club, testified in support of the bill.
04:27 PM -- Mr. Ronal Larson, representing the Colorado Renewable Energy Society, testified in support of the bill. He distributed a letter of support to the committee (Attachment E).
04:29 PM -- Mr. Mark Ruzzin, representing Colorado Communities for Climate Action, testified in support of the bill.
04:31 PM -- Ms. Rebecca Cantwell, representing the Colorado Solar Energy Industries Association, testified in support of the bill.
04:34 PM -- Mr. Tom Darin, representing the American Wind Energy Association, testified in support of the bill.
04:38 PM -- Mr. Thomas Tuttle, representing the Denver Pipefitters Local 208, testified in support of the bill.
04:41 PM -- Ms. Christina Gosnell, representing herself, testified in support of the bill.
04:44 PM -- Mr. Zane Selvans, representing himself, testified in support of the bill.
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| BILL: | HB17-1339 | |
| TIME: | 04:49:37 PM | |
| MOVED: | Hansen | |
| MOTION: | Adopt amendment L.001 (Attachment F). The motion passed without objection. | |
| SECONDED: | Esgar | |
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VOTE |
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Becker J. |
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Bridges |
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Buck |
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Carver |
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Esgar |
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Ginal |
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Hansen |
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Jackson |
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Lawrence |
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McLachlan |
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Nordberg |
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Winter |
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Mitsch Bush |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB17-1339 | |
| TIME: | 04:53:42 PM | |
| MOVED: | Hansen | |
| MOTION: | Adopt amendment L.002 (Attachment G). The motion passed without objection. | |
| SECONDED: | Esgar | |
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VOTE |
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Becker J. |
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Bridges |
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Buck |
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Carver |
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Esgar |
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Ginal |
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Hansen |
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Jackson |
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Lawrence |
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McLachlan |
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Nordberg |
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Winter |
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Mitsch Bush |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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04:54 PM
Representatives Hansen and Esgar gave some closing remarks on the bill.
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| BILL: | HB17-1339 | |
| TIME: | 05:07:56 PM | |
| MOVED: | Hansen | |
| MOTION: | Refer House Bill 17-1339, as amended, to the Committee of the Whole. The motion passed on a vote of 8-5. | |
| SECONDED: | Esgar | |
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VOTE |
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Becker J. |
No |
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Bridges |
Yes |
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Buck |
No |
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Carver |
No |
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Esgar |
Yes |
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Ginal |
Yes |
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Hansen |
Yes |
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Jackson |
Yes |
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Lawrence |
No |
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McLachlan |
Yes |
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Nordberg |
No |
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Winter |
Yes |
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Mitsch Bush |
Yes |
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Final YES: 8 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS
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05:08 PM
The committee adjourned.