H_BUS_2018A 02/01/2018 01:30:24 PM Committee Summary

Ellen Graham, Department of Revenue Office of Policy, Research, and Regulatory Reform, provided an overview of the 2017 sunset review of the Requirements and Procedures Regarding the Preparation of a Cost-Benefit Analysis of Proposed Rules.  A full copy of the sunset review report can be found here: https://drive.google.com/file/d/0B1eD7wvZltwxV3prLXlqUVVnUnc/view.  A copy of the draft bill can be found in [Attachment A].

Ms. Graham responded to questions from the committee.

James Broughel, Mercatus Center of George Mason University, provided testimony related a report recently published on Colorado's benefit-cost analysis requirements for regulations. A copy of the handouts provided by Dr. Broughel can be found in [Attachment B].

Dr. Broughel responded to questions from the committee.

Jennifer Berman, Office of Legislative Legal Services, explained the drafting process related to the use of "shall" versus "must".

Dr. Broughel continued to respond to questions from the committee.

Ms. Berman returned to the table to respond to questions from the committee.

Representative Kraft-Tharp and Representative Van Winkle were designated as co-prime bill sponsors.

Representative Liston and Representative Melton introduced House Bill 18-1105. The bill clarifies that any business owner selling a powersports vehicle is exempt from licensing requirements if they meet certain criteria. Additionally, the bill diverts half of the fines collected from violations for illegally selling powersports vehicles to the Auto Dealers License Fund.

Todd O'Connell, Colorado Independent Automobile Dealers Association, testified in support of the bill. Mr. O'Connell provided a handout to the committee [Attachment C].

Mr. O'Connell responded to questions from the committee.

The bill sponsors made closing remarks on the bill.