DE7AA4EA1DC407038725896D005AEC2A Hearing Summary

Representative Frizell, prime sponsor, presented House Bill 23-1054. The bill eliminates the 2023 property reassessment for most classes of property, and makes additional changes to property valuations and assessment rates for the 2023 and 2024 property tax years. She provided amendment L.001 (Attachment A) and a memorandum concerning the fiscal impact of the amendment (Attachment B).

Representative Frizell discussed the property valuation process.

Representative Frizell responded to questions from the committee.

The committee discussed the amendment and the memorandum.

David Hansen, representing Legislative Council Staff, came to the table to explain the fiscal impact of amendment L.001.

Discussion continued with Mr. Hansen.

Discussion continued.

Mr. Toby Damisch, representing himself, testified in support of the bill. He responded to questions from the committee.

Mayor Sharon Thompson, representing the City of Fountain, testified in support of the bill.

The committee took a brief recess.

The committee returned to order.

Scott Wasserman, representing the Bell Policy Center, testified in opposition to the bill. He responded to questions from the committee.

Committee discussion with Mr. Wasserman continued.

Representative Frizell wrapped up her presentation of the bill and asked for a favorable recommendation.

Members of the committee commented about their positions on the bill.