h_tra_2016a_2016-05-05t10:54:07z6 Hearing Summary

Date: 05/05/2016

01:15 PM -- SB 16-087



Representative Tyler, prime sponsor, presented Senate Bill 16-087 to the committee. The bill creates a one-time state transfer of $240,000 from off-the-top Highway Users Tax Fund (HUTF) revenue to the Highway-Rail Crossing Signalization Fund in FY 2016-17.



In FY 2017-18 and each year thereafter, the bill creates a state diversion from the General Fund. Under current law, 3 percent of public utilities fees to the Fixed Utility Fund (FUF) of the Public Utilities Commission (PUC) in the Department of Regulatory Agencies (DORA) must be credited to the General Fund. The bill requires the lesser of the total of the 3 percent of public utilities fees or $240,000 plus an annual inflation adjustment of 2 percent for each fiscal year beginning in FY 2017-18 to be diverted to the Highway-Rail Crossing Signalization Fund.



Representative Tyler responded to questions from the committee. A map of Colorado's public railroad crossings with passive warning signs was distributed to the committee (Attachment H).



160505 AttachH.pdf



01:19 PM -- Director Doug Dean, representing the PUC, testified in support of the bill. Director Dean responded to questions from the committee.

01:25 PM -- Dianne Criswell, representing the Colorado Municipal League, testified in support of the bill.



01:27 PM



Representative Tyler explained amendment L.005 (Attachment I) to the committee.



160505 AttachI.pdf

01:29 PM



Representative Tyler made his closing comments on the bill.

01:30 PM



The committee was adjourned.