E39BB32949B34906872588010060AD48 Hearing Summary

PUBLIC
BILL SUMMARY For SB22-026

HOUSE COMMITTEE ON FINANCE
Date Mar 10, 2022
Location HCR 0112

SB22-026 - Amended, referred to the Committee of the Whole

Attachment Tag

File Name

Attachment

10:36:01 AM

Representatives Boesenecker and Rich, co-sponsors, presented Senate Bill 22-026. The bill specifies that oil and gas fractional interest owners are not entitled to separate notification procedures by the county assessor. They distributed amendment L.001 (Attachment A) and responded to questions from the committee.

10:42:45 AM

Ms. Brenda Dones, representing the Colorado Assessors' Association, testified in support of the bill. She responded to questions from the committee.

10:56:24 AM

The committee continued to ask Ms. Dones questions about oil and gas property taxation.

11:13:51 AM

Representative Rich related comments from the Mesa County Assessor.

11:15:14 AM

Mr. Jim Cole, representing
the Colorado Oil and Gas Association, testified in support of the bill.
He responded to questions from the committee.

11:25:21 AM	Motion	Adopt amendment L.001 (Attachment A).
	Moved	Rich
	Seconded	Snyder

	Benavidez
	Daugherty
	Gray
	Kipp
	Luck
	Mullica
	Rich
	Sandridge
	Soper
	Snyder
	Bird
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

11:25:25 AM

The sponsors made closing remarks and asked for a favorable recommendation.

11:27:13 AM

Members of the committee commented about their positions on the bill.

11:30:05 AM	Motion	Refer Senate Bill 22-026, as amended, to the Committee of the Whole.
	Moved	Rich
	Seconded	Snyder

	Benavidez	Yes
	Daugherty	Yes
	Gray	Yes
	Kipp	Yes
	Luck	Yes
	Mullica	Yes
	Rich	Yes
	Sandridge	Yes
	Soper	Yes
	Snyder	Yes
	Bird	Yes
	Final	YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB22-026 - Amended, referred to the Committee of the Whole

Colorado General Assembly