Date: 02/26/2009

Final
BILL SUMMARY for HB09-1161

SENATE COMMITTEE ON AGRICULTURE AND NATURAL RESOURCES

Votes: View--> Action Taken:
Moved to refer HB 09-1161 to the Committee of the PASS



01:50 PM -- House Bill 09-1161

Senator Gibbs, sponsor, described the provisions of the reengrossed HB 09-1161 concerning oil and gas valuation supporting documents. He explained that the bill reduces from 45 to 30 days the time that an oil and gas operator or owner has to submit written documentation supporting a valuation statement to a county assessor.

The following persons testified on the bill:

01:53 PM -- Stan Dempsey, Colorado Petroleum Association, spoke in support of the bill.

01:54 PM --
Patrick Boyle, Colorado Assessors Association, spoke in support of the bill.

BILL:HB09-1161
TIME: 01:55:00 PM
MOVED:Gibbs
MOTION:Moved to refer HB 09-1161 to the Committee of the Whole, without amendment, and with a recommendation that it be added to the consent calendar. The motion passed on a vote of 6-0.
SECONDED:
VOTE
Brophy
Yes
Gibbs
Yes
Harvey
Yes
Kester
Yes
Schwartz
Yes
Hodge
Excused
Isgar
Yes
Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS




01:58 PM

The committee recessed.