h_fin_2016a_2016-02-17t13:31:00z1 Hearing Summary
Date: 02/17/2016
Final
BILL SUMMARY for HB16-1006
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.003 (Attachment B). The motion p Refer House Bill 16-1006, as amended, to the Commi |
Pass Without Objection PASS |
03:06 PM -- HB16-1006
Representatives Becker, K. and Garnett, co-prime sponsors, introduced House Bill 16-1006. Under current law, a housing authority is exempt from any taxes or fees payable to the state, any subdivision thereof, and all levels of local government. All property owned or leased to an authority for a project that benefits low-income households is exempt from taxation, as is the income derived from the authority by the lessor. The bill clarifies that this exemption applies to property owned by or leased to any subsidiary of a housing authority. Representative Garnett distributed strike-below amendment L.003 (Attachment B). Committee discussion ensued regarding the differences between an earlier version of the amendment and amendment L.003.
16HouseFin0217AttachB.pdf
03:11 PM -- Mr. Greg Sobetski, Legislative Council Staff, came to the table to discuss the fiscal note and the fiscal impact of amendment L.003.
03:14 PM -- Mr. Jason Gelender, Office of Legislative Legal Services, came to the table to discuss the differences between an earlier version of the amendment and amendment L.003.
03:15 PM -- Former Senator Penfield Tate, representing Kutak Rock on behalf of several housing authorities, came to the table in support of the bill and amendment L.003. He stated that he was the original sponsor of the legislation that created the current statute that this bill and that amendment L.003 seeks to clarify. He noted he was authorized to state that the Colorado Municipal League, Colorado Counties Incorporated, the County of Boulder, and the Boulder County Housing Authority are in support of the bill as amended with L.003.
03:27 PM -- Mr. Sobetski returned to the table to discuss the fiscal note and the bill's impact on school finance. Committee discussion ensued.
03:42 PM -- Ms. Jerilynn Martinez, representing the Colorado Housing and Finance Authority, came to the table in support of the bill.
03:47 PM -- Mr. Sam Betters, representing the Loveland Housing Authority, came to the table in support of the bill.
| BILL: | HB16-1006 | |
| TIME: | 03:55:02 PM | |
| MOVED: | Garnett | |
| MOTION: | Adopt amendment L.003 (Attachment B). The motion passed without objection. | |
| SECONDED: | Kagan | |
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VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Priola
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Roupe
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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03:59 PM
The committee recessed.
04:02 PM
The committee came back to order.
| BILL: | HB16-1006 | |
| TIME: | 04:08 PM | |
| MOVED: | Garnett | |
| MOTION: | Refer House Bill 16-1006, as amended, to the Committee on Appropriations. The motion passed on a vote of 9-1. | |
| SECONDED: | Becker, K. | |
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VOTE
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Becker K.
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Yes
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Conti
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Excused
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Priola
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Yes
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Roupe
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Yes
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Van Winkle
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Yes
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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FINAL YES: 9 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: Pass
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04:09 PM
The committee adjourned.