315AFF1F1E70270E87258990005D1046 Hearing Summary

The committee took a brief recess.

The committee returned to order. Representatives Joseph and Weissman, co-prime sponsors, presented House Bill 23-1272. The bill makes various changes to state income tax credits, sales and use taxes, specific ownership tax, and severance taxes. The sponsors distributed a fact sheet (Attachment C) and amendments L.009 (Attachment D), L.010 (Attachment E), L.011 (Attachment F), L.012 (Attachment G), L.014 (Attachment H), and L.015 (Attachment I).

The sponsors responded to questions from the members of the committee.

The committee continued to discuss the bill with the sponsors.

The discussion continued.

The discussion continued.

Mr. Grier Bailey, representing the Colorado-Wyoming Petroleum Makers Association, testified to amend the bill.

Mr. Phil Hayes, representing the International Brotherhood of Electrical Workers and the United Association of Plumbers and Pipefitters, testified to amend the bill.

Mr. Travis Madsen, representing the Southwest Energy Efficiency Project, testified in support of the bill.

Mr. Travis Berry, representing Bicycle Colorado, testified in support of the bill.

Shaina Oliver, representing herself, testified in opposition to the bill.

Garin Vorthman, representing the Colorado Oil and Gas Association, testified to amend the bill.

Director Will Toor, representing the Colorado Energy Office, testified in support of the bill.

Josh Pens, representing the Colorado Department of Revenue, was available to answer committee questions.

Emily Dohrman, representing Legislative Council Staff, came to the table to respond to questions about the fiscal note.

The bill sponsors explained the effect of the amendments.

The committee was provided with amendment L.013 (Attachment J).

The committee was provided with amendment L.016 (Attachment K).

The committee discussed the effect of the amendments.

The committee discussed the merits of amendment L.016.

The sponsors provided closing comments and asked for a favorable recommendation. Members of the committee commented on their positions on the bill.