Date: 01/13/2009

Final
BILL SUMMARY for HB09-1014

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View--> Action Taken:
Moved to refer House Bill 09-1014 to the CommitteePASS



09:31 AM -- House Bill 09-1014

Representative Judd, prime sponsor of House Bill 09-1014 concerning the provision of additional resources to the Division of Real Estate to provide oversight of conservation easements for which a state income tax credit is claimed. The maximum fee that may be imposed by the Division of Real Estate (Department of Regulatory Agencies) upon an appraiser in connection with submitting a conservation easement appraisal is $600 per appraisal. Similarly, the maximum fee that may be imposed on an applicant for a qualified conservation easement certificate is $5,810. These fees cover a three-year period and are established by statute. This bill eliminates the cap on both of these fees and allows for an annual fee, to be set by the division. The fees would cover the costs of the division and the Conservation Easement Oversight Commission in reviewing appraisals of conservation easements and certifying entities that hold conservation easements. The bill also authorizes the Division of Real Estate to accept and expend gifts, grants, and donations to cover such costs.
BILL:HB09-1014
TIME: 09:33:10 AM
MOVED:Balmer
MOTION:Moved to refer House Bill 09-1014 to the Committee on Finance. The motion passed 10-0.
SECONDED:Liston
VOTE
Balmer
Yes
Bradford
Absent
Gagliardi
Yes
Liston
Yes
Priola
Yes
Ryden
Yes
Scanlan
Yes
Soper
Yes
Stephens
Yes
Casso
Yes
Rice
Yes
Final YES: 10 NO: 0 EXC: 0 ABS: 1 FINAL ACTION: PASS