S_FIN_2024A 01/22/2024 01:34:59 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON JOINT FINANCE Date 01/22/2024 Attendance Bradfield * Buckner * deGruy Kennedy X Frizell X Garcia * Hansen X Hartsook X Joseph X Kipp X Kolker X Lindstedt X Marshall X Simpson X Smallwood E Taggart X Van Winkle * Snyder X Mullica X Time 01:34:59 PM to 04:33:16 PM Place Old State Library This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hJoint Rule 25 Hearing with the Joint Budget Committee Committee Discussion Only hPresentation from the Office of the State Auditor Committee Discussion Only hSMART Government Act Presentation from the Department of Treasury Committee Discussion Only hSMART Government Act Presentation from the Department of Revenue Committee Discussion Only hSMART Government Act Presentation from the Colorado Public Employees Retirement Association Committee Discussion Only hJoint Rule 25 Presentation from the Governor's Office of State Planning and Budgeting Committee Discussion Only Joint Rule 25 Hearing with the Joint Budget Committee - Committee Discussion Only 01:37:00 PM Rep. Bird, Joint Budget Committee chair, presented budget requests for the Department of Revenue to the committee pursuant to Joint Rule 25. 01:48:49 PM Members of the Joint Budget Committee responded to questions from the Joint Finance Committee. 01:55:20 PM Rep. Bird presented budget requests from the Department of Treasury. 01:58:29 PM Rep. Bird presented budget requests related to the Public Employees' Retirement Association (PERA). 02:04:14 PM Rep. Bird responded to committee questions. Presentation from the Office of the State Auditor - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/A6A01A811D68...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/CF43411C2607...$File/Attachment B.pdf?OpenElement Attachment B.pdf 02:04:46 PM Derek Johnson, representing the Office of the State Auditor, presented a performance audit concerning the Colorado Lottery (Attachment A). 02:18:23 PM Mr. Johnson responded to committee questions. 02:18:55 PM Jenny Page, representing the Office of the State Auditor, presented a performance audit regarding the Marijuana Enforcement Division (Attachment B). 02:19:18 PM Ms. Page and Michelle Colin, Deputy State Auditor, responded to committee questions. SMART Government Act Presentation from the Department of Treasury - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/E05C82BC25BB...$File/Attachment C Merged.pdf?OpenElement Attachment C Merged.pdf 02:30:31 PM Dave Young, Colorado State Treasurer, presented to the committee pursuant to the SMART Act (Attachment C). Treasurer Young discussed the department's mission, performance evaluation, budget requests, legislative agenda, and regualtory agenda. 02:53:45 PM Treasurer Young responded to committee questions. SMART Government Act Presentation from the Department of Revenue - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/0AE0C73BAD16...$File/Attachment D Merged.pdf?OpenElement Attachment D Merged.pdf 03:05:44 PM Heidi Humphreys, Executive Director, Department of Revenue, presented to the committee pursuant to the SMART Act (Attachment D). 03:13:40 PM Meghan Tanis, Deputy Executive Director, spoke about the department's wildly important goals (WIGs). 03:15:46 PM Electra Bustle, Senior Director of the Division of Motor Vehicles (DMV), spoke about kiosks placed in DMV across the state that allow individuals to register their vehicles. 03:25:34 PM Ms. Tanis discussed the departments efforts on equity, diversity, inclusion, and employee engagement. 03:29:45 PM Director Humphreys discussed the department's budget requests and legislative agenda. 03:33:37 PM Director Humphreys responded to committee questions. 03:42:16 PM Ms. Bustle responded to committee questions. 03:47:21 PM Director Humphreys responded to committee questions regarding the Marijuana Enforcement Division. SMART Government Act Presentation from the Colorado Public Employees Retirement Association - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/57C24395C611...$File/Attachment E.pdf?OpenElement Attachment E.pdf 03:53:48 PM Amy McGarrity, Interim Executive Director, and Michael Steppat, Public and Government Affairs Manager, both representing PERA, presented to the committee pursuant to the SMART Act (Attachment E). They discussed the agency's annual report, recent legislation, and other statutory reports. Joint Rule 25 Presentation from the Governor's Office of State Planning and Budgeting - Committee Discussion Only 04:20:59 PM Mark Ferrandino, Director, Office of State Planning and Budgeting, updated the committee on recent activities of the office. 04:33:16 PM The committee adjourned.
