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PUBLIC
BILL SUMMARY For SB23-016

SENATE COMMITTEE ON FINANCE
Date Feb 21, 2023       Location SCR 357

SB23-016 - Amended, referred to Senate Appropriations


02:37:54 PM  
Senator Hansen introduced Senate Bill 23-016. The bill creates a state income tax credit for new, electric-powered lawn equipment; requires the Public Employees’ Retirement Association and insurance companies to study climate risks to their investment portfolios; authorizes the Department of Natural Resources to regulate Class VI injection wells; updates the state’s greenhouse gas emissions reduction goals; and commissions a study on electric transmission capacity. The sponsor answered committee questions.
02:42:41 PM  
Written testimony may be found in Attachment B.
02:43:13 PM  
Mr. Gary McMurtrey, representing themself, testified in opposition to the bill. Ron Baker, representing the Colorado Public Employees' Retirement Association (PERA), testified to amend the bill. Reagan Shane, representing Colorado Counties, Inc., testified to amend the bill.
02:48:10 PM  
Mr. Brett Fleishman, representing Boulder County, testified in support of the bill.  Moshe Kornfeld, representing Colorado Jewish Climate Action, testified in support of the bill.  Giselle Herzfeld, representing 350 Colorado, testified in support of the bill.  Ms. Melissa Katz, representing Colorado Jewish Climate Action, testified in support of the bill.  The witnesses answered several committee questions.
03:12:23 PM  
Erin Bertoli, representing Metro Water Recovery, testified in support of the bill. Heidi Leathwood, representing 350 Colorado, testified in support of the bill. Ms. Carol Angel, representing themself, testified in support of the bill. Devon Reynolds, representing themself, testified in support of the bill.
03:19:27 PM  
Brad Segal, representing themself, testified in support of the bill. Ms. Kathy Kilmer, representing Earth Keepers of St. Andrew United Methodist Church, Highlands Ranch, testified in support of the bill.  Ms. Sally Dowiatt, representing themself, testified in support of the bill.  
03:33:05 PM  
The committee took a short recess.  Former Senator Mike Foote, representing 350 Colorado, testified in support of the bill.  Katie Schneer, representing the Environmental Defense Fund, testified in support of the bill. The witnesses answered several committee questions.
04:02:30 PM  
Committee discussion with the witnesses continued.
04:13:06 PM  
Ms. Madhvi Chittoor, representing Madhvi3EcoEthics, testified in support of the bill. Evan Freirich, representing themself, testified in favor of the bill.

04:22:44 PM
Motion Adopt amendment L.004 (Attachment C)
Moved Hansen
Seconded
Hansen
Priola
Simpson
Smallwood
Van Winkle
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

04:23:14 PM
Motion Adopt amendment L.010 (Attachment D)
Moved Hansen
Seconded
Hansen
Priola
Simpson
Smallwood
Van Winkle
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

04:23:47 PM
Motion Adopt amendment L.014 (Attachment E)
Moved Hansen
Seconded
Hansen
Priola
Simpson
Smallwood
Van Winkle
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

04:27:56 PM
Motion Adopt amendment L.008 (Attachment F)
Moved Kolker
Seconded
Hansen No
Priola No
Simpson Yes
Smallwood Yes
Van Winkle Yes
Kolker Yes
Mullica Yes
YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS

04:28:39 PM
Motion Refer Senate Bill 23-016, as amended, to the Committee on Appropriations.
Moved Hansen
Seconded
Hansen Yes
Priola Yes
Simpson No
Smallwood No
Van Winkle No
Kolker Yes
Mullica Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS