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50803DC4CF83B611872588150071E1C5 Hearing Summary




PUBLIC
BILL SUMMARY For SB22-138

SENATE COMMITTEE ON FINANCE
Date Mar 30, 2022      
Location Old Supreme Court



SB22-138 - Amended, referred to Senate Appropriations

02:43:57 PM  
The committee recessed.
02:46:36 PM  
The committee came back to order.
02:48:12 PM  
Sens. Hansen introduced
Senate Bill 22-138.  The bill creates a state income tax credit for
electric-powered small off-road equipment; requires PERA and insurance
companies to study climate risks to their investment portfolios; authorizes
the Department of Natural Resources to regulate Class VI injection wells;
and requires the Department of Agriculture to study carbon sequestration
opportunities in the agriculture sector.  Sen. Hansen answered committee
questions and discussed several potential amendments.  Written testimony
may be found in Attachment D.  
02:50:30 PM  
Dr. Stuart Bennett,
representing himself, testified in opposition to the bill. Mr. Terrance
Tschatschula, representing himself, testified in opposition to the bill.
 Ms. Anneliese Steel, representing Colorado Concern, testified in
opposition to the bill.  The witnesses answered several committee
questions.
03:10:59 PM  
Committee discussion
ensued with the witnesses.
03:26:17 PM  
Mr. Phil Hayes, representing
IBEW Local 111 and Pipefitters 208, testified in opposition to the bill.
 Mr. Gerald Arnold, representing Denver Pipefitters Local #208, testified
in opposition to the bill.  Ms. Lauren Quillian, representing Xcel
Energy, PSCo, testified in opposition to the bill.
03:26:55 PM  
Mr. George Twigg,
representing the Colorado Department of Public Health and Environment,
testified to amend the bill.  Mr. Ron Baker, representing the Colorado
Public Employees Retirement Association (PERA), testified to amend the
bill. Mr. Steve McCannon, representing himself, testified to amend the
bill. Mr. Will Toor, representing the Colorado Energy Office testified
to amend the bill.
03:40:07 PM  
The committee recessed
for technical difficulties.
03:50:31 PM  
The committee came
back to order. The previous witnesses answered several committee questions.
04:02:26 PM  
Committee discussion
continued with Mr. Toor and Mr. Twigg. Mr. Garry Kaufman, representing
the Colorado Department of Public Health and Environment, answered committee
questions.
04:07:48 PM  
Ms. Joy Wintersteen, representing herself, testified in support of the bill. Ms. Gwen Farnsworth, representing Western Resource Advocates, testified in support of the bill. Ms. Giselle Herzfeld, representing 350 Colorado, testified in support of the bill. Mr. Brent Goodlet, representing himself, testified in support of the bill.
04:22:50 PM  
Mr. Alex DeGolia, representing the Environmental Defense Fund, testified in support of the bill. Mr. Ean Tafoya, representing GreenLatinos, testified in a neutral position on the bill.


04:33:31 PM
 Motion Adopt amendment L.010 (Attachment E)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:35:11 PM
 Motion Adopt amendment L.011 (Attachment F)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:37:39 PM
 Motion Adopt amendment L.012 (Attachment G)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:40:14 PM
 Motion Adopt amendment L.013 (Attachment H)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:41:23 PM
 Motion Adopt amendment L.016 (Attachment I)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:43:23 PM
 Motion Adopt amendment L.018 (Attachment J)
Moved Winter
Seconded
Hisey
Lee
Priola
Winter
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:43:25 PM  
Sen. Hansen provided some closing remarks.


04:44:59 PM
 Motion Refer Senate Bill 22-138, as amended, to the Committee on Appropriations.
Moved Winter
Seconded
Hisey No
Lee Yes
Priola Yes
Winter Yes
Gonzales Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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