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PUBLIC
BILL SUMMARY For SB24-190

HOUSE COMMITTEE ON FINANCE
Date Apr 25, 2024       Location HCR 0112

SB24-190 - Referred to House Appropriations


02:23:34 PM  
Representative Lukens and Speaker McCluskie, co-prime sponsors, presented Senate Bill 24-190. The bill creates two state income tax credits for freight rail use and railroad operators servicing coal transition communities; allows coal transition communities to be designated as enterprise zones and enhanced rural enterprise zones; expands the duties of the Rural Opportunity Office; and makes changes to the Moffat Tunnel Improvement District.  
02:28:40 PM  
The bill sponsors responded to questions from the committee.
02:30:25 PM  
Cory Gaines, representing himself, testified in opposition to the bill. He responded to questions from the committee.
02:36:29 PM  
Richard Orf, representing the Associated Governments of Northwest Colorado, testified in support of the bill. Piep van Heuven, representing Colorado Ski Country USA, testified in support of the bill. John Putnam, representing the Colorado Department of Transportation, testified in support of the bill. Sonja Macys, representing herself, testified in support of the bill. Matthew Mendisco, representing the town of Hayden, testified in support of the bill. Leslie Hilton-Hinga, representing the Governor's Office of Economic Development and International Trade, testified in support of the bill.
02:55:12 PM  
The panel of witnesses responded to questions from the committee.
03:07:31 PM  
The witnesses continued to respond to questions from the committee.

Written testimony was provided to the committee (Attachment A).
03:29:11 PM  
The bill sponsors made closing remarks.

03:35:05 PM
Motion Refer Senate Bill 24-190 to the Committee on Appropriations.
Moved Joseph
Seconded Garcia
deGruy Kennedy Yes
Frizell No
Garcia Yes
Hartsook Yes
Kipp Yes
Lindstedt Yes
Marshall Yes
Soper Excused
Weinberg No
Joseph Yes
Snyder Yes
Final YES: 8   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS