A7822731C2D8B3828725895D0076D1FF Hearing Summary

Senator Hansen introduced Senate Bill 23-016. The bill creates a state income tax credit for new, electric-powered lawn equipment; requires the Public Employees’ Retirement Association and insurance companies to study climate risks to their investment portfolios; authorizes the Department of Natural Resources to regulate Class VI injection wells; updates the state’s greenhouse gas emissions reduction goals; and commissions a study on electric transmission capacity. The sponsor answered committee questions.

Mr. Gary McMurtrey, representing themself, testified in opposition to the bill. Ron Baker, representing the Colorado Public Employees' Retirement Association (PERA), testified to amend the bill. Reagan Shane, representing Colorado Counties, Inc., testified to amend the bill.

Erin Bertoli, representing Metro Water Recovery, testified in support of the bill. Heidi Leathwood, representing 350 Colorado, testified in support of the bill. Ms. Carol Angel, representing themself, testified in support of the bill. Devon Reynolds, representing themself, testified in support of the bill.

Committee discussion with the witnesses continued.

Ms. Madhvi Chittoor, representing Madhvi3EcoEthics, testified in support of the bill. Evan Freirich, representing themself, testified in favor of the bill.