S_FIN_2022A 03/30/2022 01:33:36 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 03/30/2022 Attendance Hisey X Lee X Priola X Winter * Gonzales X Time 01:33:36 PM to 04:45:33 PM Place Old Supreme Court This Meeting was called to order by Gonzales This Report was prepared by Katie Ruedebusch Hearing Items Action Taken hHB22-1001 Referred to Senate Appropriations hHB22-1118 Referred to the Committee of the Whole - Consent Calendar hHB22-1025 Referred to Senate Appropriations hHB22-1098 Referred to Senate Appropriations hSB22-138 Amended, referred to Senate Appropriations HB22-1001 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/A6549D1FCFDC...$File/Attachment A Merged.pdf?OpenElement Attachment A Merged.pdf 01:33:49 PM Sens. Pettersen and Kolker introduced House Bill 22-1001. The bill transfers $16.71 million from the General Fund to the Department of State Cash Fund in order to reduce business filing fees. The sponsors gave some opening remarks and answered committee questions. 01:37:29 PM Mrs. Nikki Maloney, representing the Office of Economic Development & International Trade, testified in support of the bill. Deputy Secretary of State Christopher Beall, representing the Colorado Secretary of State's Office, testified in support of the bill. Ms. Lindsey Vigoda, representing the Small Business Majority, testified in support of the bill. The witnesses answered questions from the committee. 01:52:34 PM Ms. Anneliese Steel, representing Colorado Concern, testified in support of the bill. Written testimony may be found in Attachment A. 01:55:02 PM Motion Refer House Bill 22-1001 to the Committee on Appropriations. Moved Winter Seconded Hisey Yes Lee Yes Priola Yes Winter Yes Gonzales Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB22-1118 - Referred to the Committee of the Whole - Consent Calendar Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/B938C785D3A2...$File/Attachment B.pdf?OpenElement Attachment B.pdf 01:55:15 PM Sen. Kolker introduced House Bill 22-1118. The bill establishes criteria for sales and use tax refund claims filed with the Department of Revenue. Sen. Kolker answered several committee questions. 02:01:19 PM Senior Director Brendon Reese, representing the Colorado Department of Revenue, testified in support of the bill. Mr. Josh Pens, representing the Department of Revenue, testified in support of the bill. The witnesses answered several committee questions. Written testimony may be found in Attachment B. 02:07:16 PM Motion Refer House Bill 22-1118 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Moved Winter Seconded Hisey Yes Lee Yes Priola Yes Winter Yes Gonzales Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB22-1025 - Referred to Senate Appropriations 02:07:28 PM Sen. Kolker introduced House Bill 22-1025. The bill eliminates several tax expenditures from the stateâs insurance premium tax, income tax, sales and use tax, and liquor excise tax. Sen. Kolker answered some committee questions. 02:08:56 PM Ms. Kim Tinnell, representing the Office of the State Auditor Tax Expenditures Evaluation Team, was available to answer committee questions. 02:12:52 PM Motion Refer House Bill 22-1025 to the Committee on Appropriations. Moved Winter Seconded Hisey Yes Lee Yes Priola Yes Winter Yes Gonzales Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB22-1098 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/00DE9ED9A57E...$File/Attachment C.pdf?OpenElement Attachment C.pdf 02:13:03 PM Sens. Liston and Coleman introduced House Bill 22-1098. The bill requires that the Department of Regulatory Agencies audit the occupations they regulate to determine barriers to entry for individuals with a criminal history, and specifies procedures for denying a professional license, certification, or registration. The sponsors answered several committee questions and committee dicussion ensued. 02:27:33 PM Mr. Matt Gorenc, representing the Denver Metro Chamber of Commerce, testified in support of the bill. Ms. Lauren Krisai, representing the Justice Action Network, testified in support of the bill. The witness answered several committee questions. 02:39:42 PM The committee took a short break and came back to order. 02:43:46 PM Motion Refer House Bill 22-1098 to the Committee on Appropriations. Moved Winter Seconded Hisey Excused Lee Yes Priola Yes Winter Yes Gonzales Yes Final YES: 4 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS SB22-138 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/AEBA08BBE144...$File/Attachment D.pdf?OpenElement Attachment D.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/FE8F4F3A635E...$File/Attachment E.pdf?OpenElement Attachment E.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/247A69433778...$File/Attachment F.pdf?OpenElement Attachment F.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/A60BEC79F84E...$File/Attachment G.pdf?OpenElement Attachment G.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/E7F9E8A94BDA...$File/Attachment H.pdf?OpenElement Attachment H.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/9FBD82747E6F...$File/Attachment I.pdf?OpenElement Attachment I.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/334B6C5D01B2...$File/Attachment J.pdf?OpenElement Attachment J.pdf 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 04:45:33 PM The committee adjourned.