h_fin_2016a_2016-03-09t13:36:21z5 Hearing Summary
Date: 03/09/2016
Final
BILL SUMMARY for SB16-121
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.003 (Attachment J). The motion p Refer Senate Bill 16-121, as amended, to the Commi |
Pass Without Objection PASS |
05:27 PM -- SB16-121
Representative Garnett, sponsor, introduced Senate Bill 16-121. The bill allows the governing board of a higher education institution or institutions to pledge up to 100 percent of tuition revenues, excluding any General Fund appropriations, when it issues bonds to pay the costs of a capital project. Institutions that participate in the Higher Education Revenue Bond Intercept Program are only allowed to pledge up to 10 percent of tuition revenues, which is the amount permitted in current law. A higher education institution is only permitted to issue bonds if it has been granted enterprise status. Representative Garnett distributed amendment L.003 (Attachment J).
16HouseFin0309AttachJ.pdf
05:36 PM -- Mr. Dan Wilson and Mr. Steve Bosley, representing the University of Colorado system, testified in support of the bill and answered several committee questions.
| BILL: | SB16-121 | |
| TIME: | 05:56:04 PM | |
| MOVED: | Garnett | |
| MOTION: | Adopt amendment L.003 (Attachment J). The motion passed without objection. | |
| SECONDED: | Roupe | |
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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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Kagan
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Pabon
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Priola
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Roupe
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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: | SB16-121 | |
| TIME: | 05:56:49 PM | |
| MOVED: | Garnett | |
| MOTION: | Refer Senate Bill 16-121, as amended, to the Committee of the Whole. The motion passed on a vote of 10-0. | |
| 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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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Priola
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Yes
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Roupe
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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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Excused
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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: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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05:59 PM
The committee returned to discuss House Bill 16-1266. Representative Pabon distributed amendment L.004 (Attachment K).
16HouseFin0309AttachK.pdf
| BILL: | HB16-1266 | |
| TIME: | 06:00:48 PM | |
| MOVED: | Becker K. | |
| MOTION: | Adopt amendment L.001 (Attachment D). The motion passed without objection. | |
| SECONDED: | Court | |
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VOTE
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Becker K.
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||
|
Conti
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||
|
Garnett
|
||
|
Kagan
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||
|
Pabon
|
||
|
Priola
|
||
|
Roupe
|
||
|
Van Winkle
|
||
|
Wilson
|
||
|
Foote
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||
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Court
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||
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB16-1266 | |
| TIME: | 06:02:54 PM | |
| MOVED: | Becker K. | |
| MOTION: | Adopt amendment L.002 (Attachment E). The motion passed without objection. | |
| SECONDED: | Court | |
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VOTE
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||
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Becker K.
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||
|
Conti
|
||
|
Garnett
|
||
|
Kagan
|
||
|
Pabon
|
||
|
Priola
|
||
|
Roupe
|
||
|
Van Winkle
|
||
|
Wilson
|
||
|
Foote
|
||
|
Court
|
||
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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||
| BILL: | HB16-1266 | |
| TIME: | 06:03:32 PM | |
| MOVED: | Pabon | |
| MOTION: | Adopt amendment L.004 (Attachment K). The motion passed without objection. | |
| SECONDED: | Garnett | |
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VOTE
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||
|
Becker K.
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||
|
Conti
|
||
|
Garnett
|
||
|
Kagan
|
||
|
Pabon
|
||
|
Priola
|
||
|
Roupe
|
||
|
Van Winkle
|
||
|
Wilson
|
||
|
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: | HB16-1266 | |
| TIME: | 06:03:59 PM | |
| MOVED: | Becker, K. | |
| MOTION: | Adopt amendment L.003 (Attachment F). The motion passed without objection. | |
| SECONDED: | Pabon | |
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VOTE
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||
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Becker K.
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||
|
Conti
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||
|
Garnett
|
||
|
Kagan
|
||
|
Pabon
|
||
|
Priola
|
||
|
Roupe
|
||
|
Van Winkle
|
||
|
Wilson
|
||
|
Foote
|
||
|
Court
|
||
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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||
| BILL: | HB16-1266 | |
| TIME: | 06:07:48 PM | |
| MOVED: | Becker K. | |
| MOTION: | Refer House Bill 16-1266, as amended, to the Committee on Appropriations. The motion passed on a vote of 8-2. | |
| SECONDED: | Court | |
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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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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Priola
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No
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Roupe
|
Yes
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Van Winkle
|
No
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Wilson
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Excused
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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: 8 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS
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06:14 PM
The committee adjourned.