CLICS/CLICS2026A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB26-049
SENATE COMMITTEE ON FINANCE
Date Apr 14, 2026
Location SCR 357
SB26-049 - Amended, referred to Senate Appropriations
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| Attachment Tag |
File Name |
| Attachment D |
https://www.leg.state.co.us/CLICS/CLICS2026A/commsumm.nsf/0/38710617E6846F7E87258DDB0058EDC1/$File/Attachment D.pdf?OpenElement
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| Attachment E |
https://www.leg.state.co.us/CLICS/CLICS2026A/commsumm.nsf/0/CC9C1223374BA75887258DDB0058F3BE/$File/Attachment E.pdf?OpenElement
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03:25:18 PM |
Sens. Snyder and
Frizell introduced Senate Bill 26-049. The bill expands the eligible recipients
for assistance from the Natural Disaster Mitigation Enterprise to include
homeownersâ associations and residential homeowners, and creates an income
tax deduction for contributions to a Catastrophe Savings Account. The sponsors
distributed L.004 (Attachment D) which removes the enterprise from the
bill. |
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03:37:39 PM |
Emma Donahue, representing
the Colorado Municipal League, testified to amend the bill. Commissioner
Matt Scherr, representing the Colorado Communities for Climate Action,
testified to amend the bill. Mr. Ken Watkins, representing the Colorado
State Fire Chiefs, testified to amend the bill.
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03:39:24 PM |
Rachel Beck, representing
Colorado Chamber, testified in support of the bill. Jeff Thormodsgaard,
representing the Colorado Springs Chamber and EDC, testified in support
of the bill. Carla Blanc, representing the Colorado Association of Realtors,
testified in support of the bill. Mr. Nikolaus Remus, representing the
Colorado Chapter of the American Institute of Architects, testified in
support of the bill. |
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03:47:53 PM |
Ted Leighty, representing
the Colorado Association of Home Builders, testified in support of the
bill. Ms. Lyn Elliott, representing the American Property Casualty Insurance
Association, testified in support of the bill. The witnesses answered several
committee questions. |
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04:01:05 PM |
Josh Pens, representing
the Department of Revenue, was available to answer committee questions.
Josh Abrams, Legislative Council Staff, answered several committee questions.
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04:29:02 PM
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Motion |
Adopt amendment L.004 (Attachment D) |
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| Moved |
Snyder |
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| Seconded |
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Benavidez |
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Bright |
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Frizell |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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04:29:47 PM
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Motion |
Adopt amendment L.005 (Attachment E) |
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| Moved |
Frizell |
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| Seconded |
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Benavidez |
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Bright |
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Frizell |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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04:40:44 PM
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Motion |
Refer Senate Bill 26-049, as amended, to the Committee on Appropriations. |
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| Moved |
Frizell |
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| Seconded |
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Benavidez |
No |
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Bright |
Yes |
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Frizell |
Yes |
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Kolker |
No |
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Mullica |
Yes |
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Simpson |
Yes |
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Snyder |
Yes |
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Marchman |
Yes |
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Kipp |
Yes |
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Final |
YES: 7 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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