3B02133E164C9C8A87258832007244D6 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For HB22-1391HOUSE COMMITTEE ON FINANCEDate Apr 28, 2022 Location HCR 0112 HB22-1391 - Amended, referred to House Appropriations 02:48:13 PM The committee took a brief recess. 02:51:05 PM The committee returned to order. Representative McCluskie, prime sponsor, presented House Bill 22-1391. The bill modifies the ad valorem tax credit and creates a working group to develop an implementation plan for further changes to the severance tax. She distributed amendment L.002 (Attachment B) and responded to questions from the committee. 02:59:35 PM Senior Director Brendon Reese, representing the Colorado Department of Revenue, was available to answer committee questions. 03:04:55 PM Motion Adopt amendment L.002 (Attachment B). Moved Snyder Seconded Tipper Benavidez Daugherty Kipp Luck Michaelson Jenet Rich Sandridge Soper Tipper Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:06:36 PM Motion Refer House Bill 22-1391, as amended, to the Committee on Appropriations. Moved Snyder Seconded Tipper Benavidez Yes Daugherty Yes Kipp Yes Luck No Michaelson Jenet Yes Rich Yes Sandridge No Soper Yes Tipper Yes Snyder Yes Bird Yes Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS