PUBLIC STAFF SUMMARY OF MEETING INTERIM COMMITTEE ALTERNATIVES TO THE GALLAGHER AMENDMENT INTERIM STUDY COMMITTEE
Date |
08/17/2018 |
Attendance |
Bridges |
* |
Court |
X |
Rankin |
X |
Tate |
X |
Smallwood |
X |
Esgar |
X |
|
Time |
09:20:00 AM to 12:09:49 PM |
Place |
Off Site |
This Meeting was called to order by |
Esgar |
This Report was prepared by |
Jeanette Chapman |
|
Hearing Items |
Action Taken |
hCall to Order |
Committee Discussion Only |
hCommittee Discussion on Gallagher Alternatives |
Committee Discussion Only |
hPublic Comment |
Committee Discussion Only |
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Call to Order - Committee Discussion Only
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09:21:00 AM |
Representative Esgar called the meeting to order and made opening comments about the purpose of the committee meeting and the day's agenda.
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Committee Discussion on Gallagher Alternatives - Committee Discussion Only
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09:23:46 AM |
Ed DeCecco, Office of Legislative Legal
Services, distributed two memos from Legislative Council Staff that detail
policy options for the committee to potentially address issues raised concerning
the Gallagher Amendment (Attachments A and B). He made introductory
comments about the requirements to refer a legislative or constitutional
change to Colorado voters. He responded to questions from the committee
including in which election year a referred measure could be considered.
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|
09:35:08 AM |
Mr. DeCecco discussed the first proposal: to freeze the residential assessment rate. He responded to questions from the committee. The committee discussed the merits of this option.
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09:43:09 AM |
Chris Creighton, Legislative Council Staff, responded to questions from the committee regarding changes to the residential assessment rate.
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09:46:54 AM |
Joann Groff, Property Tax Administrator, State of Colorado, responded to questions from the committee.
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09:51:37 AM |
Mr. DeCecco responded to questions from the committee. Committee discussion continued.
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10:05:01 AM |
Mr. DeCecco discussed the second proposal: reduce the residential and non-residential assessment rate and create a new class of property for homes in which the owner resides less than 200 days per year. He responded to questions from the committee. Discussion ensued.
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10:12:47 AM |
Mr. Creighton responded to comments from the committee.
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10:19:19 AM |
Mr. DeCecco discussed the third proposal: to reclassify short term rentals such as AirBnB or Vacation Rentals By Owner as non-residential properties.
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10:22:30 AM |
Ms. Groff responded to questions from the committee.
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10:25:43 AM |
Mr. Creighton explained Map B in Attachment B that shows a potential assessed value increase across counties under the proposal.
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10:28:59 AM |
Ms. Groff responded to questions from the committee. Discussion ensued.
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10:34:15 AM |
Mr. DeCecco responded to questions from the committee.
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10:44:36 AM |
Ms. Groff responded to questions from the committee. Discussion continued.
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10:52:03 AM |
Mr. DeCecco discussed the fourth proposal: to give local governments the authority to raise mill levies. He responded to questions from the committee.
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11:00:32 AM |
Mr. DeCecco discussed the fifth proposal: to implement a four year assessment period.
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11:03:02 AM |
Keith Erffmeyer, Denver Assessor, responded to questions from the committee regarding the logistics of a four year assessment period.
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11:05:44 AM |
Ms. Groff responded to questions from the committee. Committee discussion ensued.
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11:12:25 AM |
Mr. Creighton explained Appendix C in Attachment B. The appendix shows an estimated impact of a four-year assessment period. Discussion continued.
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11:17:51 AM |
Mr. DeCecco discussed the sixth proposal: to repeal the Gallagher amendment. He responded to questions from the committee. Committee discussion ensued.
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11:33:03 AM |
Mr. DeCecco continued to respond to questions from the committee. Discussion continued.
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11:46:33 AM |
Mr. DeCecco clarified the difference between repealing the Gallagher Amendment and replacing the assessment rate in the state constitution with statutory assessment rate limits.
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11:49:58 AM |
Mr. DeCecco explained the seventh proposal: to require a Constitutional amendment to allow regional calculations and adjustments to the residential assessment rate. Committee discussion ensued. Mr. DeCecco responded to questions from the committee.
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11:51:06 AM |
Ms. Groff discussed Map D in Attachment B. The map shows one possible regional organization of assessment rates.
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11:56:52 AM |
The committee discussed the possibility of any other recommendations for possible legislative changes. The members asked questions about the regional assessment rate proposal.
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12:00:15 PM |
Mr. Creighton explained the process for committee bill requests for the meeting on Tuesday, August 21.
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Public Comment - Committee Discussion Only
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12:03:03 PM |
Jon Walker, Pueblo Library, welcomed the committee to the library and discussed the priorities of smaller communities that depend on property taxes for critical services.
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12:05:24 PM |
David DelVecchio, Canon City Fire District, discussed the value of localized response to addressing the current limitations of the Gallagher Amendment versus a statewide approach.
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12:09:42 PM |
Representative Esgar made closing comments
and adjourned the committee.
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12:09:49 PM |
Committee Adjourned |