S_FIN_2020A 06/12/2020 12:45:19 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 06/12/2020 Attendance Hansen X Lundeen * Tate X Winter X Woodward X Todd X Gonzales X Time 12:45:19 PM to 04:48:25 PM Place SCR 357 This Meeting was called to order by Senator Gonzales This Report was prepared by Elizabeth Burger Hearing Items Action Taken hHB20-1420 Amended, referred to Senate Appropriations hHB20-1424 Referred to the Committee of the Whole hHCR20-1001 Referred to Senate Appropriations X = Present, E = Excused, A = Absent, * = Present after roll call HCR20-1001 - Referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/B64008A0CA6A...$File/200612 AttachA HCR 20-1001.pdf?OpenElement 200612 AttachA HCR 20-1001.pdf 12:45:37 PM Senators Todd and Smallwood presented House Concurrent Resolution 20-1001, which refers a measure to the voters to alter certain restrictions related to bingo-raffle licenses for non-profit organizations. 12:49:26 PM Corky Kyle, Colorado Charitable Bingo Association, testified in support of the resolution. 12:52:30 PM Janet Prescott, Rocky Mountain Splash, testified in support of the resolution. Written testimony submitted on the bill can be found in Attachment A. 12:58:18 PM Motion Refer HCR20-1001 to the Committee of the Whole. Moved Todd Seconded Hansen Yes Lundeen Yes Tate Yes Winter No Woodward Yes Todd Yes Gonzales No YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB20-1420 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/0DF0E073819D...$File/200612 AttachB HB 20-1420.pdf?OpenElement 200612 AttachB HB 20-1420.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/77213A7D5678...$File/200612 AttachC HB 20-1420.pdf?OpenElement 200612 AttachC HB 20-1420.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/83DADAB334FC...$File/200612 AttachD HB 20-1420.pdf?OpenElement 200612 AttachD HB 20-1420.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/C516594CEAA6...$File/200612 AttachE HB 20-1420.pdf?OpenElement 200612 AttachE HB 20-1420.pdf 12:59:07 PM Senators Hansen and Moreno presented House Bill 20-1420 which adjusts certain state tax expenditures in order to allocate additional revenues to the State Education Fund. 01:06:44 PM Anneliese Steel, representing Colorado Concern, testified in opposition to the bill. 01:09:45 PM Dianna Orf, representing Associated Governments of Northwest Colorado, testified in opposition to the bill. Ms. Orf and Ms. Steel responded to committee questions. 01:39:20 PM Penn Pfiffner, representing himself, testified in opposition to the bill. 01:42:39 PM Jenifer Waller, representing Colorado Bankers Association, testified in opposition to the bill. 01:51:27 PM Kelly Campbell, representing American Property Casualty Insurance Association, testified in opposition to the bill. 01:57:05 PM Patrick Boyle, Colorado Competitive Council, testified in opposition to the bill. 01:59:01 PM Jason Hopfer, representing the Colorado Association of Realtors, testified in opposition to the bill. 02:02:23 PM Stan Dempsey, president of Colorado Mining Association, testified in opposition to the bill. Daniel Furman, representing USAA, testified in opposition to the bill. Mr. Dempsey and Mr. Furman responded to questions from the committee. 02:30:28 PM Ryan Woods, representing the Colorado Chamber Tax Council, testified in opposition to the bill. 02:34:25 PM Lauren Furman, Colorado Chamber of Commerce, testified in opposition to the bill. 02:42:15 PM Tony Gagliardi, National Federation of Independent Business, testified in opposition to the bill. 02:46:08 PM Jennifer Jones Paton, representing the Colorado Biosciences Association, testified in opposition to the bill. 02:52:01 PM Julie McKenna, Denver Metro Chamber of Commerce, testified in opposition to the bill. 02:57:43 PM Garin Vorthmann, Colorado Farm Bureau, testified in opposition to the bill. 03:09:04 PM Keith Mancini, representing Empower Retirement , testified in opposition to the bill. 03:09:34 PM Kelly Sloan, Colorado Aviation Association, testified in opposition to the bill. 03:13:13 PM Mary Medley, Colorado Society of Certified Public Accountants, testified in opposition to the bill. 03:20:47 PM Seth Wiggins, Colorado Education Association, testified in support of the bill. 03:26:20 PM Carol Hedges, Colorado Fiscal Institute, testified in support of the bill. 03:39:53 PM Amie Baca-Oehlert, representing Colorado Education Association, testified in support of the bill. 03:44:07 PM Josh Wasserman, Bell Policy Center, testified in support of the bill. 04:14:20 PM Rhett Travis, Sheridan Education Association, testified in support of the bill. Written testimony submitted on the bill can be found in Attachment B. 04:20:11 PM Motion Adopt amendment L.041 (Attachment C). Moved Hansen Seconded Hansen Lundeen Tate Winter Woodward Todd Gonzales YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:25:37 PM Motion Adopt amendment L.034 (Attachment D). Moved Lundeen Seconded Hansen No Lundeen Yes Tate Yes Winter No Woodward Yes Todd No Gonzales No YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL 04:28:45 PM Motion Adopt amendment L.064 (Attachment E). Moved Lundeen Seconded Hansen No Lundeen Yes Tate Yes Winter No Woodward Yes Todd No Gonzales No YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL 04:30:24 PM Senators Hansen and Moreno provided closing comments on the bill. 04:33:02 PM Motion Refer House Bill 20-1420, as amended, to the Committee on Appropriations. Moved Hansen Seconded Hansen Yes Lundeen No Tate No Winter Yes Woodward No Todd Yes Gonzales Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS HB20-1424 - Referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/FE7BFB0EA42A...$File/200612 AttachF HB 20-1424.pdf?OpenElement 200612 AttachF HB 20-1424.pdf 04:33:19 PM Senators Gonzales and Marble presented House Bill 20-1424, which defines social equity licensees, and modifies and expands the marijuana accelerator program to make it available for social equity licensees and retail marijuana stores. 04:40:51 PM Samantha Walsh, representing Black Brown and Red Badge Coalition, testified in support of the bill. 04:40:57 PM Lakisha Benford, Color of Cannabis, testified in support of the bill. 04:43:48 PM Senators Marble and Gonzales provided closing comments on the bill. 04:45:53 PM Motion Refer House Bill 20-1424 to the Committee of the Whole. Moved Gonzales Seconded Hansen Yes Lundeen No Tate Excused Winter Yes Woodward No Todd Yes Gonzales Yes Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS HCR20-1001 - Referred to Senate Appropriations 04:47:24 PM Motion Reconsider HCR20-1001. Moved Todd Seconded Hansen Yes Lundeen Yes Tate Excused Winter Yes Woodward Yes Todd Yes Gonzales Yes YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS 04:47:55 PM Motion Refer HCR20-1001 to the Committee on Appropriations. Moved Todd Seconded Hansen Yes Lundeen Yes Tate Excused Winter No Woodward Yes Todd Yes Gonzales No Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS 04:48:25 PM The committee adjourned.