J_COPT_2024A 04/26/2024 01:08:53 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGJOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX Date 04/26/2024 Attendance Baisley * Jonathan Cappelli X Guyleen Castriotta X deGruy Kennedy X Cody Davis X Brenda Dones X Sean Doughrety X Frizell X Loren Furman X JoAnn Groff * Brett Johnson X Bob Olme X Tamara Pogue X Chris Richardson X Arlan Van Ry X Ann Terry X Kevin Vick X Andy Kerr (Vice Chair) X Hansen X Time 01:08:53 PM to 05:04:43 PM Place Old Supreme Court This Meeting was called to order by Hansen This Report was prepared by Adam Alemzada Hearing Items Action Taken hUpdate on Ballot Initiatives Committee Discussion Only hConsideration of Ballot Initiatives Committee Discussion Only hLegislative Update Committee Discussion Only 01:09:08 PM Senator Hansen provided opening comments. Legislative Update - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/D35E511A4363...$File/Attachment A - Preliminary Fiscal Impact (LCS).pdf?OpenElement Attachment A - Preliminary Fiscal Impact (LCS).pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/8A5DB2CF5954...$File/Attachment B - Draft Property Tax Bill.pdf?OpenElement Attachment B - Draft Property Tax Bill.pdf 01:16:24 PM David Hansen, Legislative Council Staff, gave a presentation on the preliminary fiscal impact estimates of the draft property tax legislation (Attachment A). D. Hansen and Greg Sobetski, Legislative Council Staff, responded to questions from the commission. 01:51:18 PM Trace Faust and Renny Fagan, Keystone Policy Group, facilitated a discussion among the commission regarding the draft property tax legislation (Attachment B). 02:50:26 PM The commission recessed. 03:09:47 PM The commission reconvened. Update on Ballot Initiatives - Committee Discussion Only Attachment Tag File Name Attachment C http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/4CA556D4A1C4...$File/Attachment C - Overview of Property Tax Ballot Measures (LCS).pdf?OpenElement Attachment C - Overview of Property Tax Ballot Measures (LCS).pdf 03:10:27 PM Greg Sobetski, Legislative Council Staff, provided an update on the status of ballot initiatives regarding property tax (Attachment C) and repsonded to questions from the commission. Consideration of Ballot Initiatives - Committee Discussion Only 03:29:16 PM Motion Recommend Initiative #261 Moved Andy Kerr (Vice Chair) Seconded Baisley Excused Jonathan Cappelli Yes Guyleen Castriotta Yes deGruy Kennedy Yes Cody Davis No Brenda Dones No Sean Doughrety No Frizell No Loren Furman No JoAnn Groff Yes Brett Johnson Yes Bob Olme Yes Tamara Pogue Yes Chris Richardson No Arlan Van Ry No Ann Terry Yes Kevin Vick Yes Andy Kerr (Vice Chair) Yes Hansen Yes YES: 11 NO: 7 EXC: 1 ABS: 0 FINAL ACTION: PASS 03:30:32 PM Motion Recommend Initiative #269 Moved Andy Kerr (Vice Chair) Seconded Baisley Excused Jonathan Cappelli No Guyleen Castriotta Yes deGruy Kennedy Yes Cody Davis No Brenda Dones No Sean Doughrety No Frizell No Loren Furman No JoAnn Groff No Brett Johnson No Bob Olme No Tamara Pogue Yes Chris Richardson No Arlan Van Ry No Ann Terry No Kevin Vick Yes Andy Kerr (Vice Chair) Yes Hansen Yes YES: 6 NO: 12 EXC: 1 ABS: 0 FINAL ACTION: FAIL 03:31:45 PM Motion Recommend Initiative #296 Moved Andy Kerr (Vice Chair) Seconded Baisley Excused Jonathan Cappelli No Guyleen Castriotta No deGruy Kennedy No Cody Davis Yes Brenda Dones No Sean Doughrety No Frizell No Loren Furman No JoAnn Groff No Brett Johnson No Bob Olme No Tamara Pogue No Chris Richardson Yes Arlan Van Ry Yes Ann Terry No Kevin Vick No Andy Kerr (Vice Chair) No Hansen No YES: 3 NO: 15 EXC: 1 ABS: 0 FINAL ACTION: FAIL 03:33:15 PM Motion Recommend Initiative #298 Moved Andy Kerr (Vice Chair) Seconded Baisley Excused Jonathan Cappelli No Guyleen Castriotta No deGruy Kennedy No Cody Davis Yes Brenda Dones Yes Sean Doughrety No Frizell No Loren Furman No JoAnn Groff No Brett Johnson No Bob Olme No Tamara Pogue No Chris Richardson No Arlan Van Ry No Ann Terry No Kevin Vick No Andy Kerr (Vice Chair) No Hansen No YES: 2 NO: 16 EXC: 1 ABS: 0 FINAL ACTION: FAIL 03:34:22 PM Motion Recommend Initiative #300 Moved Andy Kerr (Vice Chair) Seconded Baisley Excused Jonathan Cappelli No Guyleen Castriotta No deGruy Kennedy No Cody Davis Yes Brenda Dones No Sean Doughrety No Frizell No Loren Furman No JoAnn Groff No Brett Johnson No Bob Olme No Tamara Pogue No Chris Richardson No Arlan Van Ry No Ann Terry No Kevin Vick No Andy Kerr (Vice Chair) No Hansen No YES: 1 NO: 17 EXC: 1 ABS: 0 FINAL ACTION: FAIL Legislative Update - Committee Discussion Only Attachment Tag File Name Attachment D http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/2F9C20189C82...$File/Attachment D - Submitted Written Testimony.pdf?OpenElement Attachment D - Submitted Written Testimony.pdf 03:37:14 PM T. Faust and R. Fagan facilitated a discussion among the commission regarding the draft property tax legislation. 03:39:18 PM Mr. Hansen responded to questions from the commission. 05:01:15 PM Written testimony submitted to the commission from April 12 through April 26 is appended as Attachment D. 06:01:20 PM Commission members made closing comments. 05:04:43 PM The committee adjourned.
