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h_fin_2017a_2017-04-24t13:39:38z2 Hearing Summary

Date: 04/24/2017

Location: LSB A

Final

BILL SUMMARY for HB17-1349



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 17-1349 to the Committee of the W PASS







03:03 PM -- HB17-1349



Representatives Pabon and Van Winkle, co-prime sponsors, presented House Bill 17-1349, which establishes the residential assessment rate at 7.20 percent for tax years 2017 and 2018. The state constitution requires that the share of assessed values of residential and non-residential property in the state remain constant between reassessment cycles. The General Assembly is required to set the residential assessment rate every two years to maintain these shares. These two constitutional requirements are commonly known as the Gallagher Amendment.



03:06 PM --
Mr. Dennis Eulberg, representing the Colorado State Fire Chiefs, testified in support of the bill.





03:08 PM



The bill sponsors made closing remarks on the bill.

BILL: HB17-1349
TIME: 03:08:44 PM
MOVED: Pabon
MOTION: Refer House Bill 17-1349 to the Committee of the Whole. The motion passed on a vote of 10-0.
SECONDED: Van Winkle
VOTE
Beckman
Yes
Benavidez
Yes
Catlin
Yes
Covarrubias
Yes
Gray
Excused
Herod
Yes
Kennedy
Yes
Lawrence
Yes
Michaelson Jenet
Yes
Thurlow
Excused
Van Winkle
Yes
Foote
Excused
Pabon
Yes
Final YES: 10 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: PASS














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