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s_sa_2016a_2016-04-18t13:33:43z0 Hearing Summary

Date: 04/18/2016



Final

BILL SUMMARY for HB16-1354



SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS


Votes: View--> Action Taken:
Adopt amendment L.006 (Attachment A). The motion p

Refer House Bill 16-1354, as amended, to the Commi
Pass Without Objection

PASS







01:34 PM -- HB16-1354



Senator Sonnenberg presented House Bill 16-1354 to the committee. The bill authorizes a school district, with voter approval, to impose an additional mill levy for the sole purpose of cash funding its capital construction and facility maintenance needs without borrowing money. Revenue raised from such a mill levy and related interest earned must be deposited in a supplemental capital construction and maintenance fund of the district, and used for the sole purpose of paying for the capital construction and facility maintenance needs of the district. Districts may not pledge any of this revenue for the repayment of existing or new debt.



A charter school may request that the district include the charter school's capital construction needs as part of the ballot question to approve the additional mill levy for cash funding the capital construction and maintenance needs of the district.



The new property tax revenue collected as a result of this additional mill levy may exceed the caps in current law on additional local school district revenue raised from mill levy overrides and bonded capital construction.



01:35 PM --
Sandra Mulchler, representing Eagle County Schools and the Colorado Association of School Executives, testified in support of the bill.





01:38 PM



Senator Sonnenberg presented amendment L.006 (Attachment A) and wrapped up his presentation to the committee.



16SenateState0418AttachA.pdf16SenateState0418AttachA.pdf

BILL: HB16-1354
TIME: 01:39:01 PM
MOVED:
MOTION: Adopt amendment L.006 (Attachment A). The motion passed without objection.
SECONDED:
VOTE
Hill
Excused
Jones
Ulibarri
Sonnenberg
Scott
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection





01:40 PM



Senator Sonnenberg asked Jason Hopfer, representing the Colorado Rural Schools Alliance, to answer questions brought up by committee members.

BILL: HB16-1354
TIME: 01:45:23 PM
MOVED: Sonnenberg
MOTION: Refer House Bill 16-1354, as amended, to the Committee of the Whole. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Hill
Yes
Jones
Yes
Ulibarri
Yes
Sonnenberg
Yes
Scott
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS












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