H_ENE_2023A 04/06/2023 01:31:58 PM Committee Summary

Co-sponsors, Representatives Weissman and Joseph, gave an overview of House Bill 23-1272 Tax Policy that Advances Decarbonization. The bill makes various changes to state income tax credits, sales and use taxes, specific ownership tax, and severance taxes.

The committee asked the sponsors questions about the bill.

Eric Matos, representing Sysco, Inc., testified in support of the bill. Heidi Leathwood, representing 350 Colorado, testified in support of the bill. Mr. Ben Serrurier, representing Fervo Energy, testified in support of the bill. Professor KK DuVivier, representing themself, testified in support of the bill. Ms. Ruth Hund, representing themself, testified in support of the bill. Mr. Matthew Groves, representing Colorado Automobile Dealers Association, testified in support of the bill. Ms. Karen Kalavity, representing themself, testified in support of the bill. Mr. Travis Madsen, representing Southwest Energy Efficiency Project, testified in support of the bill.

The committee asked the panel of witnesses questions.

Ashleigh Ross, representing Carbon America, testified in support of the bill. Megan Wagner, representing Advanced Energy United, testified in support of the bill. Mr. Thomas Michels, representing United Airlines, testified in support of the bill. Dr. Heather Deese, representing Dandelion Energy, testified in support of the bill. Ms. Jan Rose, representing themself, testified in support of the bill.

The committee asked the panel questions.

Dan Haley, representing Colorado Oil & Gas Association, testified to amend the bill. Mrs. Kait Schwartz, representing American Petroleum Institute Colorado, testified to amend the bill. Angie Binder, representing Colorado Petroleum Association, testified to amend the bill. Mr. Travis Holland, representing American Petroleum Institute Colorado and Colorado Oil & Gas Association, testified to amend the bill. Mr. MacKenzie Hardt, representing Hardt Family Cyclery, testified to amend the bill. Rachel Hultin, representing Bicycle Colorado, testified to amend the bill.

The committee asked the panel of witnesses questions.

Director Will Toor, representing Colorado Energy Office, testified in support of the bill. Dominique Gomez, representing Colorado Energy Office, was available to answer committee questions. Michael Turner, representing Colorado Energy Office, was available to answer committee questions. Esther van Mourik, representing Department of Revenue, was available to answer committee questions.

The committee asked the panel of witnesses questions.

Additional written testimony is included as Attachments A.1-A.3.

The sponsors introduced and gave an overview of amendment L.001 (Attachment B).

The sponsors introduced and gave an overview of amendment L.002 (Attachment C).

The sponsors introduced and gave an overview of amendment L.003 (Attachment D).

The sponsors introduced and gave an overview of amendment L.004 (Attachment E).

The sponsors introduced and gave an overview of amendment L.005 (Attachment F).

The sponsors introduced and gave an overview of amendment L.006 (Attachment G).

The committee asked the sponsors questions regarding the amendment L.006.

The sponsors introduced and gave an overview of amendment L.008 (Attachment I).

The co-sponsors gave closing comments on the bill.

The committee gave closing comments on the bill.