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h_fin_2016a_2016-01-28t10:01:00z0 Hearing Summary

Date: 01/28/2016



Final

BILL SUMMARY for HB16-1044



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 16-1044 to the Committee of the W PASS







Representative Court, chair, called the meeting to order. A quorum was present.



10:02 AM -- HB16-1044



Representative Becker, J. introduced House Bill 16-1044. The bill extends two repeal dates related to the Petroleum Storage Tank Funk by five years. First, the bill extends to September 1, 2023, from July 1, 2018, a trigger that would reduce the environmental response surcharge assessment to a flat $25, or eliminate it entirely if the fund balance exceed $8 million. Second, the bill extends to September 1, 2023, from July 1, 2018, the law authorizing the use of the fund for petroleum storage tank facility inspections and meter calibrations.



10:04 AM --
Mr. Brian Haldorson, representing A-B Petroleum, came to the table in support of the bill.



10:09 AM -- Mr. Grier Baily, representing the Colorado Wyoming Petroleum Marketers Association, came to the table to answer a committee question.



10:11 AM -- Mr. John Drafts, representing Palmetto Environmental, came to the table in support of the bill.



10:14 AM -- Mr. Stan Dempsey, representing the Colorado Petroleum Association, came to the table in support of the bill.

BILL: HB16-1044
TIME: 10:18:53 AM
MOVED: Court
MOTION: Refer House Bill 16-1044 to the Committee of the Whole. The motion passed on a vote of 10-1.
SECONDED: Van Winkle
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
No
Priola
Yes
Roupe
Yes
Van Winkle
Yes
Wilson
Yes
Foote
Yes
Court
Yes
Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS







10:21 AM



The committee adjourned.


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