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s_fin_2016a_2016-03-24t11:03:00z0 Hearing Summary

Date: 03/24/2016



Final

BILL SUMMARY for HB16-1232



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 16-1232 to the Committee on Appro PASS







The committee was called to order. A quorum was present.



11:03 AM -- HB16-1232



Senator Baumgardner, prime sponsor, presented House Bill 16-1232, which continues the authority of the Department of Revenue to issue general information letters and private letter rulings through September 1, 2023. The authority is currently scheduled to sunset on September 1, 2016. The bill contains a new requirement that the department track full-time equivalent (FTE) personnel and hours dedicated by FTE personnel for issuance of the letters.



11:06 AM -- Ms. Vivienne Belmont, representing the Department of Regulatory Agencies, came to the table to address questions about the bill.



11:07 AM -- Ms. Loren Furman, representing the Colorado Association of Commerce and Industry, testified in support of the bill.

BILL: HB16-1232
TIME: 11:08:15 AM
MOVED: Hill
MOTION: Refer House Bill 16-1232 to the Committee on Appropriations. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS








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