H_FIN_2016A 05/10/2016 04:12:00 PM Committee Summary

The committee was called to order. A quorum was present.



04:12 PM -- SB16-212



Representative Buckner, sponsor, introduced Senate Bill 16-212. The bill makes changes to align state law on eligibility for the Colorado Child Care Assistance Program with federal law. Specifically, if an eligible participant's income rises above the level set by the county to deny child care assistance during the twelve-month eligibility period, the county must continue providing the child care subsidy until the next twelve-month redetermination period.



04:13 PM -- Mr. Rich Jones, representing the Bell Policy Center, testified in support of the bill.

04:16 PM -- SB16-194



Representatives Moreno and DelGrosso, co-prime sponsors, introduced Senate Bill 16-194. The reengrossed bill creates a new method for local governments to fund transportation projects by creating a state sales tax increment. Representative DelGrosso distributed amendment L.007 (Attachment A) and amendment L.008 (Attachment B) to the committee.



16HouseFin0510AttachA.pdf16HouseFin0510AttachB.pdf



04:26 PM -- Mr. Eric Bergman, representing Colorado Counties Incorporated, testified in support of the bill.



04:28 PM -- Mr. John Karakoulakis, representing Adams County, testified in support of the bill. He answered several committee questions.





























04:34 PM -- Mr. Jason Dunn, representing the City and County of Broomfield, testified in support of the bill.



04:39 PM -- Mr. Charles Ozaki, representing the City and County of Broomfield, testified in support of the bill. He answered several committee questions.



04:42 PM -- Mayor Pro Tem Greg Stokes, representing the City and County of Broomfield, testified in support of the bill. He answered several committee questions.



04:46 PM -- Ms. Jennifer Hoffman, representing the City of Longmont, testified in support of the bill.



04:50 PM -- Ms. Carol Hedges, representing the Colorado Fiscal Institute, Conservation Colorado, and the Colorado Education Association, testified in opposition to the bill. She answered several committee questions

05:10 PM -- SB16-067



Representative Williams, sponsor, introduced Senate Bill 16-067. The reengrossed bill allows counties with a population of under 60,000 to grant a property tax exemption for personal property used to provide broadband service if the county has an agreement with a broadband service provider to provide service with the county. Municipalities and school districts within the county have 90 days to opt out of offering the exemption. The bill specifies that if school districts do not opt out, the state will not backfill the property tax reduction through the school finance formula. The exemption applies to personal property purchased on or after January 1, 2017, and is available for property tax years 2018 through 2025. Representative Williams answered several committee questions.

05:22 PM



The committee adjourned