CLICS/CLICS2022A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB22-138
HOUSE COMMITTEE ON FINANCE
Date May 5, 2022
Location HCR 0112
SB22-138 - Amended, referred to House Appropriations
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01:49:43 PM |
Representatives McCormick and A. Valdez, co-prime sponsors, presented Senate Bill 22-138. This bill creates a state income tax credit for electric-powered small off-road equipment, requires PERA and insurance companies to study climate risks to their investment portfolios, authorizes the Department of Natural Resources to regulate Class VI injection wells, and requires the Department of Agriculture to study carbon
sequestration opportunities in the agriculture sector.
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02:00:29 PM |
The bill sponsors distributed amendment L.021 (Attachment F) and responded to questions from the committee.
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02:04:44 PM |
Cindy Copeland, representing Boulder County, and Jordan Beezley, representing Colorado Department of Agriculture, were available to respond to questions.
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02:08:52 PM |
Mr. Charles Perko, representing the United Steelworkers, testified to amend the bill.
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02:17:52 PM |
Will Hodges, representing himself, testified in support of the bill.
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02:20:17 PM |
The sponsors distributed
and explained amendments L.021 (Attachment F), L.023 (Attachment G), and
L.025 (Attachment H).
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02:22:24 PM
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Motion |
Adopt amendment L.021 (Attachment F). |
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| Moved |
Snyder |
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| Seconded |
Kipp |
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Benavidez |
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Daugherty |
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Kipp |
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Luck |
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Michaelson Jenet |
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Rich |
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Sandridge |
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Soper |
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Tipper |
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Snyder |
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Bird |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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02:23:31 PM
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Motion |
Adopt amendment L.023 (Attachment G). |
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| Moved |
Snyder |
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| Seconded |
Kipp |
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Benavidez |
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Daugherty |
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Kipp |
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Luck |
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Michaelson Jenet |
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Rich |
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Sandridge |
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Soper |
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Tipper |
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Snyder |
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Bird |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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02:25:14 PM
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Motion |
Adopt amendment L.025 (Attachment H). |
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| Moved |
Snyder |
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| Seconded |
Kipp |
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Benavidez |
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Daugherty |
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Kipp |
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Luck |
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Michaelson Jenet |
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Rich |
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Sandridge |
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Soper |
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Tipper |
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Snyder |
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Bird |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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02:26:23 PM |
Representative Soper distributed and explained amendments L.022 (Attachment I) and L.026 (Attachment J). The bill sponsors commented about the amendments.
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02:33:56 PM
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Motion |
Adopt amendment L.026 (Attachment J). |
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| Moved |
Soper |
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| Seconded |
Sandridge |
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Benavidez |
No |
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Daugherty |
No |
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Kipp |
No |
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Luck |
Yes |
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Michaelson Jenet |
No |
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Rich |
Yes |
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Sandridge |
Yes |
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Soper |
Yes |
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Tipper |
No |
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Snyder |
Yes |
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Bird |
Yes |
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YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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02:34:53 PM
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Motion |
Adopt amendment L.022 (Attachment I). |
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| Moved |
Soper |
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| Seconded |
Sandridge |
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Benavidez |
No |
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Daugherty |
No |
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Kipp |
No |
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Luck |
Yes |
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Michaelson Jenet |
No |
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Rich |
Yes |
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Sandridge |
Yes |
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Soper |
Yes |
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Tipper |
No |
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Snyder |
Yes |
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Bird |
Yes |
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YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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02:34:56 PM |
The sponsors provided closing remarks and asked for a favorable recommendation.
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02:37:51 PM
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Motion |
Refer Senate Bill 22-138, as amended, to the Committee on Appropriations. |
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| Moved |
Snyder |
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| Seconded |
Kipp |
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Benavidez |
Yes |
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Daugherty |
Yes |
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Kipp |
Yes |
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Luck |
No |
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Michaelson Jenet |
Yes |
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Rich |
No |
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Sandridge |
No |
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Soper |
No |
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Tipper |
Yes |
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Snyder |
Yes |
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Bird |
Yes |
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Final |
YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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