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s_sa_2017a_2017-05-03t13:38:55z3 Hearing Summary

Date: 05/03/2017

Location: SCR 357

Final

BILL SUMMARY for HB17-1339



SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS


Votes: View--> Action Taken:
Postpone House Bill 17-1339 indefinitely. The moti

Refer House Bill 17-1339 to the Committee of the W
PASS

FAIL







04:11 PM -- HB17-1339



Senator Jones and Senator Kerr, co-prime sponsors, presented House Bill 17-1339 to the committee. Under the bill, an investor-owned utility (e.g. Xcel Energy and Black Hills Energy) may apply to the Public Utilities Commission (PUC) for a financing order authorizing it to issue securitized utility ratepayer-backed bonds when closing a power plant. These Colorado Energy Impact Assistance (CO-EIA) bond proceeds are to be used by the utility to purchase, build, or invest in least-cost electric generating resources and to provide transition assistance to workers and communities affected by the plant closure. Bonds are to be repaid through a distinct and nonbypassable CO-EIA charge on ratepayers that must be used solely to repay the bonds within 32 years after issue date.



04:19 PM --
Thomas Herrod, representing the City and County of Denver, testified in support of the bill.



04:21 PM --
Harriet Moyer Aptokar, representing herself, testified in support of the bill. She provided additional written testimony to committee members (Attachment E).



17SenateState0503AttachE.pdf17SenateState0503AttachE.pdf



04:25 PM --
Richard Orf, representing the Associated Governments of Northwest Colorado, testified against the bill.



04:28 PM --
Ron Larson, representing the Colorado Renewable Energy Society, testified in support of the bill and provided a handout to committee members (Attachment F).



17SenateState0503AttachF.pdf17SenateState0503AttachF.pdf



04:31 PM --
Mark Ruzzin, representing Boulder County and Colorado Communities for Climate Action, testified in support of the bill.



04:34 PM --
Zach Pierce, representing the Sierra Club and the Interwest Energy Alliance, testified in support of the bill. Mr. Pierce responded to questions from the committee.



04:40 PM --
Dianna Orf, representing the Colorado Mining Association, testified against the bill.



04:43 PM --
Gerald Arnold, representing Pipefitters Local 208, testified in support of the bill.



04:45 PM --
Phil Hayes, representing the International Brotherhood of Electrical Workers (IBEW), testified in support of the bill.



04:46 PM --
Nick Calvert, representing IBEW 111, testified in support of the bill.



04:48 PM --
Theresa Conley, representing Conservation Colorado, testified in support of the bill.



04:50 PM --
Justin Wilson, representing the Colorado Solar Energy Industry Association, testified in support of the bill.





04:53 PM



Senators Jones and Kerr wrapped up their presentation of the bill. Committee members commented on the bill.

BILL: HB17-1339
TIME: 05:08:40 PM
MOVED: Court
MOTION: Refer House Bill 17-1339 to the Committee of the Whole. The motion failed on a vote of 2-3.
SECONDED:
VOTE
Court
Yes
Fenberg
Yes
Hill
No
Sonnenberg
No
Scott
No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL




BILL: HB17-1339
TIME: 05:09:32 PM
MOVED: Hill
MOTION: Postpone House Bill 17-1339 indefinitely. The motion passed on a vote of 3-2.
SECONDED:
VOTE
Court
No
Fenberg
No
Hill
Yes
Sonnenberg
Yes
Scott
Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS














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