Date: 02/10/2009

Final
BILL SUMMARY for SB09-016

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Adopt Amendment L.001 (Attachment A). The motion
Adopt Amendment L.002 (Attachment B). The motion
Amend the printed bill, page 3, strike lines 15 th
Refer Senate Bill 09-016, as amended, to the Commi		Pass Without Objection
Pass Without Objection
Pass Without Objection
PASS



02:44 PM -- Senate Bill 09-016

The committee reconvened.

Senator Kopp, prime sponsor, presented Senate Bill 09-016, which provides incentives to encourage the restoration of forest areas affected by bark beetles. He distributed two amendments to the committee: L.001 (Attachment A) and L.002 (Attachment B). Senator Kopp further discussed the amendments to the bill, stating that he was working with Governor's office on economic development and saying that with L.001 and L.002, the bill does not require an appropriation. Discussion ensued about issues affecting the business personal property tax, which businesses qualify in the bill, and access to the business personal property tax exemption.

09SenateFin0210AttachA.pdf 09SenateFin0210AttachB.pdf

02:48 PM

The committee briefly recessed.


02:50 PM

The committee reconvened. Senator Kopp continued responding to questions about the bill's impact on the business and personal property tax. Discussion ensued about the impacts of the proposed amendments to Colorado tax law.


02:58 PM

The committee recessed briefly then reconvened.

The following witnesses testified on the bill:

02:59 PM -- Mr. Todd Herreid, Legislative Council Staff, responded to questions about the business personal property tax in general and the tax exemption included in Senate Bill 09-016.

03:05 PM -- Mr. Richard Homann, representing the Colorado State Forest Service, testified about the bill. He responded to questions about bark beetles, the species of pine affected by infestation, and the fire hazards of bark beetle kill.
BILL:SB09-016
TIME: 03:07:11 PM
MOVED:Heath
MOTION:Refer Senate Bill 09-016, as amended, to the Committee of the Whole. The motion passed 6-0, with one excused.
SECONDED:
VOTE
Brophy
Yes
Heath
Yes
Isgar
Yes
King K.
Excused
Scheffel
Yes
Hudak
Yes
Sandoval
Yes
Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS


BILL:SB09-016
TIME: 03:12:31 PM
MOVED:Heath
MOTION:Amend the printed bill, page 3, strike lines 15 through 18. The motion passed without objection.
SECONDED:
VOTE
Brophy
Heath
Isgar
King K.
Scheffel
Hudak
Sandoval
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB09-016
TIME: 03:07:44 PM
MOVED:Heath
MOTION:Adopt Amendment L.001 (Attachment A). The motion passed without objection.
SECONDED:
VOTE
Brophy
Heath
Isgar
King K.
Scheffel
Hudak
Sandoval
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB09-016
TIME: 03:10:41 PM
MOVED:Heath
MOTION:Adopt Amendment L.002 (Attachment B). The motion passed without objection.
SECONDED:
VOTE
Brophy
Heath
Isgar
King K.
Scheffel
Hudak
Sandoval
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


03:12 PM

The committee recessed.