h_sa_2017a_2017-05-03t13:47:38z1 Hearing Summary

Date: 05/03/2017

Location: RM 271

05:21 PM -- SB17-009



Representative Lontine called the committee back to order.



Representative Leonard, bill sponsor, presented Senate Bill 17-009. As amended by the Senate Finance Committee, the bill expands the exemption for business personal property from $7,300 to $10,000 in 2017 and 2018. The exemption is adjusted for inflation every two years. Representative Leonard provided two handouts to the committee (Attachments D and E).



17HouseState0503AttachD.pdf 17HouseState0503AttachE.pdf



Representative Leonard answered questions from the committee.





05:37 PM



Larson Silbaugh, Legislative Council Staff, answered questions from the committee.



05:48 PM -- Jim Everson, representing himself, testified in support of the bill. Mr. Everson answered questions from the committee.



06:01 PM -- Patrick Boyle, Colorado Competitive Council, testified in support of the bill. Mr. Boyle answered questions from the committee.



06:07 PM -- Gini Pingenot, Colorado Counties, Inc., testified in opposition to the bill.



06:10 PM -- Michael Valdez, Small District Association of Colorado, testified in opposition to the bill.



06:12 PM -- Mark Ruzzin, Boulder County, testified in opposition to the bill.



06:16 PM -- Dianne Criswell, Colorado Municipal League, testified in opposition to the bill.



06:19 PM -- Richard Orf, Associated Governments of Northwest Colorado, testified in opposition to the bill.





06:21 PM



Representative Leonard made concluding remarks about the bill. Committee members commented on the bill.

06:29 PM



The committee adjourned.