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s_blt_2016a_2016-03-07t14:01:32z0 Hearing Summary

Date: 03/07/2016



Final

BILL SUMMARY for HB16-1011



SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY


Votes: View--> Action Taken:
Refer House Bill 16-1011 to the Committee of the W PASS







02:02 PM -- HB 16-1011



Senator Garcia, joint co-sponsor with Senator Grantham, introduced House Bill 16-1011, concerning metropolitan district business development. Under current law, the board of a metropolitan district has the power to provide activities in support of business recruitment, management, and development within the district if the valuation assessment of the commercial property within the district is more than $1.25 billion. The bill removes the specified minimum valuation of commercial property for a metropolitan district's board to provide activities in support of business development within the district.



02:03 PM --
Darrin Tangeman, Pueblo West Metro District, spoke in support of the bill He responded to questions from the committee.



02:06 PM --
Michael Valdez, Special District Association, spoke in support of the bill. He responded to questions from the committee.



02:08 PM --
Patrick Boyle, Colorado Competitive Council, spoke in support of the bill. He responded to questions from the committee.



02:10 PM --
Harley Gifford, Pueblo West Metro District, spoke in support of the bill. He responded to questions from the committee.



02:13 PM



Senator Grantham made closing comments on the merits of the bill.


BILL: HB16-1011
TIME: 02:13:52 PM
MOVED: Woods
MOTION: Refer House Bill 16-1011 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0.
SECONDED:
VOTE
Baumgardner
Yes
Heath
Yes
Hodge
Yes
Jahn
Yes
Neville T.
Excused
Newell
Yes
Tate
Excused
Woods
Yes
Holbert
Yes
Final YES: 7 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS












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