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s_agr_2018a_2018-01-18t13:32:08z3 Hearing Summary




PUBLIC
BILL SUMMARY For SB18-019

SENATE COMMITTEE ON AGRICULTURE, NATURAL RESOURCES, & ENERGY
Date Jan 18, 2018      
Location SCR 357



SB18-019 - Referred to the Committee of the Whole


02:03:00 PM  
Senator Donovan and Senator Coram, co-prime
sponsors, discussed the provisions of Senate Bill 18-019 concerning the
loans from the Colorado Water Resources and Power Development Authority
(CWRPDA).  Under current law, loans made by the CWRPDA are limited
to terms not to exceed 20 years after the completion of the water project.
  This bill, recommended by the interim Water Resources Review Committee,
removes the 20-year limitation on loans made by the CWRPDA from the Water
Pollution Control Revolving Fund in compliance with the federal Clean Water
Act, and the Drinking Water Revolving Fund in compliance with the federal
Safe Drinking Water Act.  Both federal acts allow for loan terms up
to the lesser of 30 years or the projected useful life of the project.
 
02:03:08 PM  
Michael Brod, Executive Director of the Colorado Water Resources
and Power Development Authorityspoke in support of the bill and distributed
a fact sheet on the bill [Attachment C].
02:04:36 PM  

Michael Nicoletti, Legislative Liaison for the Colorado Department of Public Health and Environment, spoke in favor of the bill.

02:05:00 PM  

Morgan Cullen, Colorado Municipal League, spoke in favor of the bill..

02:05:01 PM  

The chair closed testimony and Senator Donovan and Senator Coram closed their remarks.



02:07:44 PM
Motion Refer Senate Bill 18-019 to the Committee of the Whole.
Moved Coram
Seconded
Cooke Yes
Coram Yes
Donovan Yes
Fenberg Yes
Fields Yes
Garcia Yes
Jones No
Marble Yes
Scott Yes
Baumgardner Yes
Sonnenberg Yes
Final YES: 10   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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