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s_fin_2016a_2016-03-29t14:03:58z3 Hearing Summary

Date: 03/29/2016



Final

BILL SUMMARY for SB16-166



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Adopt amendment L.001 (Attachment C). The motion p

Refer Senate Bill 16-166, as amended, to the Commi

Replace the petition clause with a safety clause.
Pass Without Objection

PASS

FAIL







02:28 PM -- SB16-166



Senator Woods, prime sponsor, presented Senate Bill 16-166, which allows a fuel distributor to file a lien against a fuel retailer for any unreimbursed gasoline and special fuel taxes that the distributor pays to the Department of Revenue. It also establishes the priority for the lien and requirements for filing and enforcing the lien.



02:31 PM --
Ms. Peg Ackerman, representing the Colorado Propane Gas Association, testified in support of the bill.



02:33 PM --
Mr. Troy Hill, representing Hill Petroleum, testified in support of the bill. Mr. Hill addressed a question from the committee about petroleum demand at different times of the year.



02:37 PM --
Mr. Grier Baily, representing Colorado Wyoming Petroleum Marketers Association, testified in support of the bill.





02:39 PM



Senator Woods distributed and explained Amendment L.001 (Attachment C). She also made some closing remarks about the bill.



16SenateFin0329AttachC.pdf16SenateFin0329AttachC.pdf

BILL: SB16-166
TIME: 02:40:16 PM
MOVED: Hill
MOTION: Adopt amendment L.001 (Attachment C). The motion passed without objection.
SECONDED:
VOTE
Holbert
Johnston
Kerr
Hill
Neville T.
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
BILL: SB16-166
TIME: 02:40:40 PM
MOVED: Kerr
MOTION: Replace the petition clause with a safety clause. The motion failed on a vote of 1-4.
SECONDED:
VOTE
Holbert
No
Johnston
No
Kerr
Yes
Hill
No
Neville T.
No
YES: 1 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL
BILL: SB16-166
TIME: 02:42:16 PM
MOVED: Hill
MOTION: Refer Senate Bill 16-166, as amended, to the Committee of the Whole with a recommendation that it be placed on the consent calendar. 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