Date: 04/16/2009

Final
BILL SUMMARY for SB09-232

SENATE COMMITTEE ON LOCAL GOVERNMENT AND ENERGY

Votes: View--> Action Taken:
Moved Amendment L 001 that strikes everything belo
Moved to the refer Senate Bill 09-232 to the Commi		Pass Without Objection
PASS



11:14 AM

The committee recessed.

11:14 AM -- Senate Bill 09-232

Senator Schwartz, sponsor, described the provision of Senate Bill 09-232 that was recommended by the Joint Select Committee on Job Creation and Economic Growth. The bill creates a process that authorizes state financial assistance for local capital construction projects. She also distributed Amendment L. 001 that strikes everything below the enacting clause - essentially creating a new bill under the existing title (Attachment D). The amendment requires the Executive Director of the Department of Local Affairs, the State Treasurer, the Director of the Colorado Office of Economic Development, or their designees and the members of the Energy Impact Assistance Advisory Committee to work with affected stakeholders to evaluate the priorities and opportunities associated with the Local Government Permanent Fund. She explained that the Local Government Permanent Fund that was created by Senate Bill 08-218 in Section 34-60-102, C.R.S., to receive federal mineral lease revenue.

090416AttachD.pdf

The following persons testified on the bill:

11:23 AM -- Bruce Eisenhauer, Deputy Director of the Department of Local Affairs, spoke in support of Amendment L. 001 and responded to questions from the committee about the Department's ability to assist with the review of the use of moneys in the Local Government Permanent Fund.

11:31 AM -- Chris Mendez, Colorado Counties, Inc., commented on Senate Bill 09-232 and described the willingness of his organization willingness to participate in the review of the use of moneys in the Local Government Permanent Fund.

BILL:SB09-232
TIME: 11:34:52 AM
MOVED:Schwartz
MOTION:Moved Amendment L 001 that strikes everything below the enacting clause and creates a working group to make legislative recommendations by January 31, 2010. The motion passed without objection.
SECONDED:
VOTE
Cadman
Hodge
Kester
Lundberg
Newell
Foster
Schwartz
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB09-232
TIME: 11:34:31 AM
MOVED:Schwartz
MOTION:Moved to the refer Senate Bill 09-232 to the Committee of Whole, as amended. The motion passed 5-2.
SECONDED:
VOTE
Cadman
No
Hodge
Yes
Kester
Yes
Lundberg
No
Newell
Yes
Foster
Yes
Schwartz
Yes
Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS




11:38 AM

The meeting adjourned.