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Bill Summary for Bill Number HB16-1465 Date: 05/09/2016
Location: LSB B
Final
BILL SUMMARY for HB16-1465

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
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12:34 PM -- HB16-1465

Senators Ulibarri and Cooke, co-prime sponsors, presented House Bill 16-1465, which extends the number of years, from two to five years, in which the Colorado Housing and Finance Authority may allocate low-income housing income tax credits.

12:38 PM --
Mr. Steve Johnson, representing the Colorado Housing and Finance Authority, testified in support of the bill and distributed a list of agencies that support the Low-Income Housing Income Tax Credit Program (Attachment B).

16SenateFin0509AttachB.pdf16SenateFin0509AttachB.pdf

12:43 PM --
Mr. George Thorn, representing Mile High Development, testified in support of the bill.

12:45 PM --
Ms. Kimball Crangle, representing Gorman and Company, testified in support of the bill. She answered a question from the committee.

12:49 PM --
Ms. Meghan Dollar, representing the Colorado Municipal League, testified in support of the bill.

12:51 PM --
Mr. Walter "Buz" Koelbel, representing Koelbel and Company, testified in support of the bill. He addressed questions from the committee.

12:55 PM --
Mr. Ted Leighty, presenting the Colorado Association of Realtors, testified in support of the bill.

12:56 PM --
Ms. Sara Reynolds, representing Housing Colorado, testified in support on the bill.

12:58 PM --
Mr. Neal Mendel, representing Mendel Development Company, testified in support of the bill.

01:01 PM -- Mr. Ryan Brennan, representing Advantage Capital, testified in support of the bill.

01:02 PM --
Mr. Jenifer Waller, representing Colorado Bankers Association, testified in support of the bill.


01:03 PM

Senator Ulibarri made closing remarks on the bill.


01:04 PM

The bill was laid over for action later in the calendar.