Date: 03/03/2009

Final
BILL SUMMARY for HB09-1066

SENATE COMMITTEE ON TRANSPORTATION

Votes: View--> Action Taken:
Moved that House Bill 09-1066 be referred to the CPASS



02:06 PM -- House Bill 09-1066

Senator Gibbs, prime sponsor, presented House Bill 09-1066, concerning the codification of existing practices of the Division of Aeronautics.

The following person testified in regard to House Bill 09-1066:

02:07 PM --
Travis Vallin, Director, Division of Aeronautics, Department of Transportation, supported House Bill 09-1066 and said that the Division of Aeronautics was originally located under what is now the Colorado Department of Military and Veterans Affairs. He said that House Bill 09-1066 will codify existing practices regarding the relationship of the division with local governments. He discussed the State Infrastructure Bank and its process of making loans to local governments. He commented on procedures by which moneys from the Aviation Fund are directed to the State Infrastructure Bank. He said that approximately $23 million is currently loaned out to local governments in Colorado from the Infrastructure Bank. He noted that private entities are also eligible to apply for these loans.
BILL:HB09-1066
TIME: 02:16:15 PM
MOVED:Gibbs
MOTION:Moved that House Bill 09-1066 be referred to the Committee of the Whole. The motion passed on a 7-0-0 roll call vote.
SECONDED:
VOTE
Kopp
Yes
Renfroe
Yes
Romer
Yes
Spence
Yes
Veiga
Yes
Williams
Yes
Gibbs
Yes
Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

02:17 PM

The committee meeting adjourned.