H_FIN_2016A 05/05/2016 10:57:00 AM Committee Summary
Final
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
| Date: | 05/05/2016 |
ATTENDANCE
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| Time: | 10:57 AM to 01:59 PM |
Becker K.
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X
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Conti
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X
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| Place: | LSB A |
Garnett
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X
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Moreno
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X
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| This Meeting was called to order by |
Pabon
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*
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| Representative Court |
Roupe
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X
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Sias
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X
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| This Report was prepared by |
Van Winkle
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X
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| Katie Ruedebusch |
Wilson
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X
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Foote
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X
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Court
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X
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X = Present, E = Excused, A = Absent, * = Present after roll call
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| Bills Addressed: | Action Taken: | ||
| SB16-155 SB16-117 SB16-035 SB16-001 SB16-097 SB16-209 |
Referred to the Committee of the Whole Postponed Indefinitely Referred to Appropriations Postponed Indefinitely Postponed Indefinitely Amended, Referred to the Committee of the Whole |
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The committee was called to order. A quorum was present.
10:57 AM -- SB16-155
Representatives Garnett and Nordberg, co-prime sponsors, introduced Senate Bill 15-155. Beginning July 1, 2016, the bill creates a state sales and use tax exemption for a historic aircraft that is on loan to a museum for public display, whether for demonstration, educational, or museum promotional purposes. In order to qualify for the exemption, the historic aircraft may not be used for any other purpose while it is in the state. The museum to which a historic aircraft is on loan must be open to the public at least 20 hours a week. Historic aircraft includes any original, restored, or replica of a heavier-than-air aircraft that is at least 35 years old. Representative Nordberg answered several committee questions.
11:06 AM -- Mr. Bill Klaers, representing the National Museum of WWII Aviation, testified in support of the bill. He answered several committee questions.
| BILL: | SB16-155 | |
| TIME: | 11:14:26 AM | |
| MOVED: | Garnett | |
| MOTION: | Refer Senate Bill 16-155 to the Committee of the Whole. The motion passed on a vote of 8-2. | |
| SECONDED: | Roupe | |
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VOTE
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Becker K.
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Excused
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Conti
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Yes
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Garnett
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Yes
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Moreno
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Yes
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Pabon
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Yes
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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No
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Court
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No
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Final YES: 8 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS
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11:16 AM -- SB16-117
Representative Coram, sponsor, introduced Senate Bill 16-117. The bill, as amended by the Senate Finance Committee, limits the authority of state agencies to impose fines. Specifically, the bill prohibits any state agency from imposing a fine of $1,000 or more or in total for related violations unless the agency mails written notice of the violation of the law or rule, and the offender fails to correct the violation on or before the 30th calendar day after mailing of the written notice. Representative Coram answered several committee questions.
11:29 AM -- Ms. Heidi Humphreys, representing the Colorado Department of Revenue, testified against the bill. She answered several committee questions
11:32 AM -- Ms. Martha Rudolph, representing the Colorado Department of Public Health and Environment, testified against the bill. She answered several committee questions.
11:35 AM -- Ms. Kathi Wagner, representing the Colorado Department of Human Services, testified against the bill. She answered several committee questions.
11:47 AM -- Mr. Neil O'Toole, representing the Worker's Compensation Education Association, testified against the bill.
11:49 AM -- Mr. Kevin Bommer, representing the Colorado Municipal League, testified in support of the bill.
| BILL: | SB16-117 | |
| TIME: | 12:00:29 PM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer Senate Bill 16-117 to the Committee on Appropriations. The motion failed on a vote of 5-6. | |
| SECONDED: | Conti | |
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VOTE
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Becker K.
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No
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Conti
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Yes
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Garnett
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No
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Moreno
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No
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Pabon
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No
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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No
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Court
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No
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YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | SB16-117 | |
| TIME: | 12:01:42 PM | |
| MOVED: | Foote | |
| MOTION: | Postpone Senate Bill 16-117 indefinitely. The motion passed on a vote of 6-5. | |
| SECONDED: | Becker K. | |
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VOTE
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Becker K.
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Yes
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Conti
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No
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Garnett
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Yes
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Moreno
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Yes
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Pabon
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Yes
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Roupe
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No
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Sias
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No
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS
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12:02 PM -- SB16-035
Representatives Rankin and Young, co-prime sponsors, introduced Senate Bill 16-035. The bill, as amended by the Senate State, Veterans, and Military Affairs Committee, creates the Public School Fund Investment Board (board) to oversee investment of the Public School Fund and broadens the allowable investment options for the fund. The board is charged with establishing policies concerning allowable investments of the fund and the distribution of income and interest earnings. The bill allows the board to hire a private fund manager to advise it about fund investments.
12:09 PM -- Mr. Bill Ryan, representing the Colorado State Land Board, testified in support of the bill. He answered several committee questions.
12:14 PM -- Mr. Jonathan Forbes, representing the Colorado Department of the Treasury, testified in support of the bill. He answered several committee questions.
12:18 PM -- Ms. Michelle Murphy, representing the Colorado Rural School Alliance and Colorado Association of School Executives, testified in support of the bill.
| BILL: | SB16-035 | |
| TIME: | 12:19:30 PM | |
| MOVED: | Court | |
| MOTION: | Refer Senate Bill 16-035 to the Committee on Appropriations. The motion passed on a vote of 9-0. | |
| SECONDED: | Roupe | |
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VOTE
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Becker K.
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Yes
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Conti
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Excused
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Garnett
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Yes
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Moreno
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Excused
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Pabon
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Yes
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS
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12:20 PM -- SB16-001
Representative Landgraf, sponsor, introduced Senate Bill 16-001. Under current law, qualifying taxpayers ages 55 to 64 may deduct up to $20,000 in retirement benefits from their taxable income each year and qualifying taxpayers ages 65 and older may deduct up to $24,000 each year. As amended by the Senate Appropriations Committee, the bill eliminates these limitations for military retirement income, allowing taxpayers ages 55 and older to deduct the entire amount of their military retirement income from state taxable income beginning in tax year 2017. Other, non-military income is still subject to the existing deduction limits.
| BILL: | SB16-001 | |
| TIME: | 12:26:41 PM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer Senate Bill 16-001 to the Committee on Appropriations. The motion failed on a vote of 5-6. | |
| SECONDED: | Sias | |
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VOTE
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Becker K.
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No
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Conti
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Yes
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Garnett
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No
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Moreno
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No
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Pabon
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No
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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No
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Court
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No
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YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | SB16-001 | |
| TIME: | 12:31:16 PM | |
| MOVED: | Foote | |
| MOTION: | Postpone Senate Bill 16-001 indefinitely. The motion passed on a vote of 6-5. | |
| SECONDED: | Moreno | |
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VOTE
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Becker K.
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Yes
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Conti
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No
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Garnett
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Yes
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Moreno
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Yes
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Pabon
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Yes
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Roupe
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No
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Sias
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No
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS
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12:32 PM -- SB16-097
Representative Coram, sponsor, introduced Senate Bill 16-097. Beginning January 1, 2016, this bill, as amended by the Senate Agriculture Committee, places restrictions on transferring money from various mineral related cash funds to the General Fund. The bill prohibits the Governor from restricting the use of money in any of these funds to save money for a future transfer to the General Fund. The bill also limits the Governor's and the Joint Budget Committee's ability to use money in these funds for purposes not authorized in current law or that does not benefit the political subdivisions impacted by the severance of minerals.
12:45 PM -- Ms. Dianna Orf, representing the Associated Governments of Northwest Colorado, testified in support of the bill.
12:48 PM -- Mr. Kelly Sloan, representing Mesa County, Colorado, testified in support of the bill.
12:50 PM -- Mr. Kevin Bommer, representing the Colorado Municipal League, testified in support of the bill. He answered several committee questions
12:54 PM -- Ms. Gini Pingenot, representing Colorado Counties, Inc., testified in support of the bill. She answered several committee questions.
| BILL: | SB16-097 | |
| TIME: | 01:00:00 PM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer Senate Bill 16-097 to the Committee of the Whole. The motion failed on a vote of 5-6. | |
| SECONDED: | Conti | |
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VOTE
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Becker K.
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No
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Conti
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Yes
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Garnett
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No
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Moreno
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No
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Pabon
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No
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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No
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Court
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No
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YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | SB16-097 | |
| TIME: | 01:06:23 PM | |
| MOVED: | Garnett | |
| MOTION: | Postpone Senate Bill 16-097 indefinitely. The motion passed on a vote of 6-5. | |
| SECONDED: | Moreno | |
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VOTE
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Becker K.
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Yes
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Conti
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No
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Garnett
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Yes
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Moreno
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Yes
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Pabon
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Yes
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Roupe
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No
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Sias
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No
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS
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01:07 PM -- SB16-209
Representatives Priola and Buckner, co-prime sponsors, introduced Senate Bill 16-209. The bill authorizes a school district board of education to lease school district property to a state institution of higher education and to accept in-kind services (such as tuition reduction or scholarships for their students) from the institution as all or part of the lease payments. The bill clarifies that a school district may issue bonds to construct a building for lease to a state institution of higher education. Representative Buckner distributed a handout to the committee (Attachment A). Representatives Priola and Buckner answered several committee questions.
16HouseFin0505AttachA.pdf
01:15 PM -- Dr. Lisa Escarsga, representing Aurora Public Schools, testified in support of the bill. She answered several committee questions.
01:18 PM -- Mr. Brandon Eyre, representing Aurora Public Schools, testified in support of the bill. He answered several committee questions.
01:25 PM
Committee discussion ensued with Ms. Escarsga and Mr. Eyre.
| BILL: | SB16-209 | |
| TIME: | 01:42:30 PM | |
| MOVED: | Wilson | |
| MOTION: | Adopt amendment L.001 (Attachment B). The motion passed without objection.16HouseFin0505AttachB.pdf |
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| SECONDED: | Wilson | |
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VOTE
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Becker K.
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Conti
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Garnett
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Moreno
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | SB16-209 | |
| TIME: | 01:43:10 PM | |
| MOVED: | Wilson | |
| MOTION: | Adopt amendment L.003 (Attachment C). The motion passed without objection.16HouseFin0505AttachC.pdf |
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| SECONDED: | Court | |
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VOTE
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Becker K.
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Conti
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Garnett
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Moreno
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | SB16-209 | |
| TIME: | 01:46:30 PM | |
| MOVED: | Wilson | |
| MOTION: | Adopt amendment L.004 (Attachment D). The motion passed without objection.16HouseFin0505AttachD.pdf |
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| SECONDED: | Court | |
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VOTE
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Becker K.
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Conti
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Garnett
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Moreno
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | SB16-209 | |
| TIME: | 01:47:53 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.005 (Attachment E). The motion passed on a vote of 7-3.16HouseFin0505AttachE.pdf |
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| SECONDED: | Foote | |
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VOTE
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Becker K.
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Yes
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Conti
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No
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Garnett
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No
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Moreno
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Excused
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Pabon
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No
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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YES: 7 NO: 3 EXC: 1 ABS: 0 FINAL ACTION: PASS
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| BILL: | SB16-209 | |
| TIME: | 01:52:32 PM | |
| MOVED: | Court | |
| MOTION: | Refer Senate Bill 16-209, as amended, to the Committee of the Whole. The motion passed on a vote of 7-4. | |
| SECONDED: | Becker K. | |
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VOTE
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|
Becker K.
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Yes
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Conti
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No
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Garnett
|
Yes
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Moreno
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Yes
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Pabon
|
Yes
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Roupe
|
Yes
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Sias
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No
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Van Winkle
|
No
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Wilson
|
No
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Foote
|
Yes
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Court
|
Yes
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Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS
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01:59 PM
The committee adjourned.