A7822731C2D8B3828725895D0076D1FF Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For SB23-016SENATE COMMITTEE ON FINANCEDate Feb 21, 2023 Location SCR 357 SB23-016 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/396B5BD2BD28...$File/Attachment B Merged.pdf?OpenElement Attachment B Merged.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/D626E716F2B2...$File/Attachment C.pdf?OpenElement Attachment C.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/EE429500E5E6...$File/Attachment D.pdf?OpenElement Attachment D.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/8CB87316394D...$File/Attachment E.pdf?OpenElement Attachment E.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/003A70AA7651...$File/Attachment F.pdf?OpenElement Attachment F.pdf 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 Employeesâ 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 stateâs 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