S_FIN_2021A 05/24/2021 03:12:14 PM Committee Summary

Sens. Rankin and Hansen introduced Senate Bill 21-281. The bill requires new metropolitan districts to pay the state for oil and gas severance tax property tax credits, and restructures the funding mechanism for eight grant programs currently financed with severance tax revenue. The sponsors answered several committee questions.

Sens. Story and Hisey introduced House Bill 21-1292. The bill requires that the Division of Gaming report certain sports betting information on a monthly basis and sets procedures for assessors if that information is used in the calculation of actual property values. The sponsors answered several committee questions.

Mr. Brad Benning, representing the Gilpin County Assessor and Board of County Commissioners, testified in support of the bill. Mr. Rich Jortberg, representing Gilpin and Teller Counties, testified in support of the bill. Ms. Anne Schafer, representing Gilpin County, testified in support of the bill. Mr. Colt Simmons, representing Teller County, testified in support of the bill.

Sens. Story and Simpson introduced Senate Bill 21-279. The bill allows a board of county commissioners or a city council to reduce or waive delinquent property tax interest payments for any period of time between June 16, 2021, and September 30, 2021. The sponsors answered committee questions.

Commissioner Andy Kerr, representing Colorado Counties Acting Together (CCAT), testified in support of the bill. Ms. Sue Sandstrom, representing Colorado County Treasurers & Public Trustees Association, testified in opposition to the bill. Commissioner Josh Blanchard, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. Treasurer Jerry DiTullio, representing Jefferson County, testified in support of the bill.

Written testimony may be found in Attachment A.

Sen. Bridges introduced Senate Bill 21-282. The bill extends the small retailer exception from destination-based sales and use tax sourcing rules until February 2022.

Ms. Meghan Dollar, representing the Colorado Municipal League, testified in support of the bill. Mr. Tony Gagliardi, representing NFIB, testified in support of the bill. Mr. Mark Turner, representing the Colorado Nonprofit Association, testified in support of the bill.

Sens. Winter and Priola introduced House Bill 21-1208. The bill creates a hazard mitigation enterprise and charges fees on insurance policies to create revenue for a grant program and technical assistance to local governments. The sponsors answered several committee questions.

Sens, Lee and Moreno introduced bill Senate Bill 21-273. This bill creates a working group to address policy related to lower-level offenses, prohibits arrest in certain cases, restricts the use of monetary bonds in certain cases, and authorizes sheriffs to manage their jail populations by establishing standards for admission. The sponsors answered several questions.