3FDE6CA210671A6A87258B8500683638 Hearing Summary CLICS/CLICS2024B/commsumm.nsf PUBLICBILL SUMMARY For HB24B-1004HOUSE COMMITTEE ON FINANCEDate Aug 26, 2024 Location LSB B HB24B-1004 - Postponed Indefinitely Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024B/commsumm.nsf/0/A22B024155DB...$File/Attachment A HB1004_L001.pdf?OpenElement Attachment A HB1004_L001.pdf 12:58:19 PM Representative Clifford, prime sponsor, presented House Bill 24B-1004. The bill makes changes to the reduction in valuations for residential property in non-school local government entities starting in property tax year 2026. The bill may decrease and increase local property tax revenue, depending on the area. 01:01:56 PM Mr. Keith Erffmeyer, representing the Colorado Assessor's Association, testified in a neutral position on the bill. 01:05:13 PM Mr. Jonathan Cappelli, representing the Neighborhood Development Collaborative, testified in support of the bill. 01:08:24 PM The witnesses responded to questions from the committee. 01:16:57 PM Elizabeth Ramey, representing Legislative Council Staff, responded to questions about the fiscal note. 01:26:23 PM The committee continued discussing the bill and the fiscal note with Ms. Ramey and the witnesses. 01:32:49 PM The committee took a brief recess. 01:40:57 PM The committee returned to order. 01:44:21 PM Representative Clifford explained amendment L.001 (Attachment A). 01:44:23 PM Motion Adopt amendment L.001 (Attachment A). Moved Marshall Seconded Lindstedt Bradfield Daugherty Garcia Hartsook Holtorf Kipp Lindstedt Marshall Weinberg McCormick Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 01:44:34 PM Representative Clifford made closing remarks and asked for a favorable recommendation. Members of the committee commented about their positions on the bill. 01:59:09 PM Motion Refer House Bill 24B-1004, as amended, to the Committee of the Whole. Moved Garcia Seconded Kipp Bradfield No Daugherty No Garcia Yes Hartsook No Holtorf No Kipp No Lindstedt No Marshall No Weinberg No McCormick No Snyder No YES: 1 NO: 10 EXC: 0 ABS: 0 FINAL ACTION: FAIL 01:59:34 PM Motion Postpone House Bill 24B-1004 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Moved Kipp Seconded Daugherty Bradfield Yes Daugherty Yes Garcia No Hartsook Yes Holtorf Yes Kipp Yes Lindstedt Yes Marshall Yes Weinberg Yes McCormick Yes Snyder Yes Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS
