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J_COPT_2024A 03/01/2024 01:04:34 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
JOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX
Date 03/01/2024
Attendance
Baisley E
Jonathan Cappelli *
deGruy Kennedy *
Cody Davis X
Brenda Dones X
Sean Doughrety X
Frizell *
Loren Furman X
JoAnn Groff X
Brett Johnson X
Lori Laske X
Bob Olme X
Tamara Pogue X
Chris Richardson X
Ann Terry E
Kevin Vick X
Jay Yamashita X
Andy Kerr (Vice Chair) X
Hansen X
Time 01:04:34 PM to 04:59:13 PM
Place Old Supreme Court
This Meeting was called to order by Hansen
This Report was prepared by Matthew Becker
Hearing Items Action Taken
Opening Remarks Committee Discussion Only
Discussion on Ballot Measures Committee Discussion Only
Roadmap Overview and Update on Public Meetings Committee Discussion Only
Breakout Groups Committee Discussion Only
Share Out of Breakout Groups and Next Steps Committee Discussion Only
Update on Ballot Initiatives Committee Discussion Only

Opening Remarks - Committee Discussion Only


01:05:06 PM  
Senator Hansen provided opening remarks.



Discussion on Ballot Measures - Committee Discussion Only


01:07:59 PM  
Michael Fields, representing
Advance Colorado, and Josh Penry, representing Colorado Concern, presented
to the commission about recently submitted ballot initiatives regarding
property tax.  Mr. Penry and Mr. Fields responded to questions from
the commission.
01:46:43 PM  
Scott Wasserman, Bell Policy Center, presented to the commission about recently submitted ballot measures regarding property tax (Attachment A). Mr. Wasserman responded to questions from the commission.



Roadmap Overview and Update on Public Meetings - Committee Discussion Only


02:22:28 PM  
Renny Fagan and Trace Faust, representing Keystone Policy Center, gave an update on recent public meetings and discussed next steps for the commission.
02:27:39 PM  
The commission recessed
to continue the breakout group discussions that began on February 23.



Breakout Groups - Committee Discussion Only


02:37:18 PM  
Commission members
broke out into three separate groups to continue discussing different policy
areas that began on February 23. Notes from each group's discussions are
compiled into Attachment B.



Share Out of Breakout Groups and Next Steps - Committee Discussion Only


04:06:03 PM  
Mr. Olme presented a summary of the Assessments Breakout Group. R. Fagan facilitated a discussion among the commission about smoothing and strategies to change residential/nonresidential assessment ratios.
04:31:44 PM  
Ernest House Jr., Keystone Policy Group, facilitated a discussion about the Local Control Breakout Group.
04:38:56 PM  
Commissioner Davis presented a summary of the Taxpayer Relief Breakout Group, including discussions around monthly payments, expanding the homestead exemption, targeted relief for low- and fixed-income property owners, a non-residential value exemption, expanding the existing deferral program, and adjustable caps. T. Faust facilitated a discussion among the commission.


04:57:09 PM
Motion Extend the work of the Commission beyond March 15, 2024.
Moved Andy Kerr (Vice Chair)
Seconded
Baisley Excused
Jonathan Cappelli Yes
deGruy Kennedy Yes
Cody Davis Yes
Brenda Dones Yes
Sean Doughrety Yes
Frizell Yes
Loren Furman Yes
JoAnn Groff Yes
Brett Johnson Yes
Lori Laske Yes
Bob Olme Yes
Tamara Pogue Yes
Chris Richardson Yes
Ann Terry Excused
Kevin Vick Yes
Jay Yamashita Yes
Andy Kerr (Vice Chair) Yes
Hansen Yes
YES: 17   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS



Update on Ballot Initiatives - Committee Discussion Only



04:59:13 PM   The committee adjourned.