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S_FIN_2024B 08/28/2024 04:03:34 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 08/28/2024
Attendance
Buckner X
Hansen X
Simpson X
Smallwood X
Van Winkle X
Kolker X
Mullica X
Time 04:03:34 PM to 04:33:07 PM
Place SCR 357
This Meeting was called to order by Mullica
This Report was prepared by Matthew Becker
Hearing Items Action Taken
HB24B-1003 Referred to the Committee of the Whole
HCR24B-1001 Postponed Indefinitely

HB24B-1003 - Referred to the Committee of the Whole


04:03:45 PM  
Senators Priola and
Baisley presented HB24B-1003, which creates a business personal property
tax exemption for personal property in greenhouses, and extends two other
exemptions.
04:11:07 PM  
Ms. Garin Vorthmann, representing Colorado Farm Bureau, testified in support of the bill. JoAnn Groff, representing Department of Local Affairs Division of Property Taxation, answered committee questions.
04:14:41 PM  
Chip Wernig, representing themself, testified in support of the bill.
04:17:16 PM  
Senators Priola and Baisley provided closing comments on the bill.


04:19:47 PM
Motion Refer House Bill 24B-1003 to the Committee of the Whole.
Moved Kolker
Seconded
Buckner No
Hansen Yes
Simpson No
Smallwood Yes
Van Winkle Yes
Kolker Yes
Mullica No
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HCR24B-1001 - Postponed Indefinitely


04:19:56 PM  
Senator Hansen presented HCR24B-1001, which refers a constitutional amendment to voters at the 2024 general election that, if approved, requires any statewide voter initiative that affects or limits property tax revenue or spending be approved by voters in a local government jurisdiction for the statewide limit to apply to that local government.
04:23:01 PM  
Kevin Bommer, representing Colorado Municipal League, testified in support of the bill.
04:28:19 PM  
Natalie Menten, representing themself, testified in opposition to the bill.
04:28:22 PM  
Michael Valdez, representing the Special District Association, testified on the bill.
04:30:11 PM  
Ms. Erin Meschke, representing themself, testified in opposition to the bill.


04:32:57 PM
Motion Postpone HCR24B-1001 indefinitely.
Moved Hansen
Seconded
Buckner Yes
Hansen Yes
Simpson Yes
Smallwood Yes
Van Winkle Yes
Kolker Yes
Mullica Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


04:33:07 PM   The committee adjourned.






The 2024 Statewide Ballot Information Booklet is now online