Final
STAFF SUMMARY OF MEETING

HOUSE COMMITTEE ON FINANCE

Date:04/28/2010
ATTENDANCE
Time:10:38 AM to 11:40 AM
DelGrosso
X
Frangas
X
Place:LSB A
Gerou
X
Kagan
X
This Meeting was called to order by
Kefalas
X
Representative Judd
Labuda
X
Roberts
X
This Report was prepared by
Summers
X
Ron Kirk
Swalm
X
Benefield
X
Judd
X
X = Present, E = Excused, A = Absent, * = Present after roll call
Bills Addressed: Action Taken:
SB10-141
HB10-1169
HB10-1396
SB10-139
SB10-186
HB10-1425		Referred to Appropriations
Postponed Indefinitely
Postponed Indefinitely
Amended, Referred to the Committee of the Whole
Referred to the Committee of the Whole
Referred to the Committee of the Whole


10:38 AM -- Senate Bill 10-141 - Concerning Games of Chance

Representative Lambert, prime sponsor, distributed a factsheet from the Department of State (DOS) (Attachment A) on Senate Bill 10-141 and explained that in 1958, bingo and raffles were legalized by the Colorado Constitution. He continued by noting that SB10-141 designates the Department of Revenue (DOR) as the licensing and enforcement authority for games of chance, such as bingo and raffles. All existing staff, resources, and funds in the DOS relating to these functions are transferred to the DOR on July 1, 2011.

10HseFin0428AttachA.pdf

Representative Lambert closed by saying that the bill is conditional upon voter approval of HCR09-1003, which is a proposed constitutional amendment to give the General Assembly authority to determine which agency regulates bingo and raffles. After a brief committee discussion, testimony was heard.

The following persons testified:

10:43 AM -- Mr. Richard Coolidge, Department of State, responded to questions about the bill.

10:44 AM -- Mr. Dan Hartman, Division of Racing, Department of Revenue, responded to committee questions.





BILL:SB10-141
TIME: 10:44:59 AM
MOVED:Gerou
MOTION:Refer Senate Bill 10-141 to the Committee on Appropriations. The motion passed on a 11-0 vote.
SECONDED:DelGrosso
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
































10:46 AM -- House Bill 10-1169 - Concerning Conservation Easements (For Action Only)

(This bill was initially heard by the committee on April 28, 2010.)

Representative McKinley, prime sponsor, asked committee members to consider working with a interim study group to work on some of the issues that are tied to conservation easements. After a brief committee discussion, the bill was placed on the table for action.


10:56 AM
BILL:HB10-1169
TIME: 10:56:17 AM
MOVED:Judd
MOTION:Moved to postpone House Bill 10-1169 indefinitely. The motion passed on a 11-0 vote.
SECONDED:Benefield
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS






















10:59 AM -- House Bill 10-1396 - Concerning Tax Incentives in Enterprise Zones

After a brief committee discussion on enterprise zone credits, Representative Judd discussed House Bill 10-1396 and asked that it be laid over to May 30, 2010.
BILL:HB10-1396
TIME: 11:02:06 AM
MOVED:Judd
MOTION:Moved to lay over House Bill 10-1396 to May 30, 2010.
SECONDED:Roberts
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS




























11:03 AM -- Senate Bill 10-139 - Concerning the Income Tax Checkoff for Unwanted Horses (For Action Only)

(This bill was initially heard by the committee on April 27, 2010.)

Representative Sonnenberg, prime sponsor, distributed amendment L.001 (Attachment B). He explained that the amendment would allow the program for unwanted horses to be added as an income tax checkoff on the state income tax form when the number of programs certified by the Department of Revenue is 14 or less.
BILL:SB10-139
TIME: 11:05:21 AM
MOVED:Gerou
MOTION:Moved amendment L.001 (Attachment B). The motion passed on a 11-0 vote.

10HseFin0428AttachB.pdf
SECONDED:Judd
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Not Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS


















BILL:SB10-139
TIME: 11:11:34 AM
MOVED:Gerou
MOTION:Refer Senate Bill 10-139, as amended, to the Committee of the Whole. The motion passed on a 6-5 vote.
SECONDED:DelGrosso
VOTE
DelGrosso
Yes
Frangas
No
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
No
Roberts
Yes
Summers
No
Swalm
No
Benefield
No
Judd
Yes
Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS


11:13 AM -- Senate Bill 10-186 - Concerning Tax Warrants for Tax Refunds

Representative Primavera, prime sponsor, explained that Senate Bill 186 changes the Department of Revenue's policies that apply to tax refunds. After a brief committee discussion, testimony was heard.

The following persons testified:

11:17 AM -- Mr. Kerri Hunter, Office of the State Auditor, responded to committee questions.

11:18 AM -- Mr. Richard Giardini, Department of Revenue, responded to committee questions.




















BILL:SB10-186
TIME: 11:21:31 AM
MOVED:Benefield
MOTION:Refer Senate Bill 10-186 to the Committee of the Whole. The motion passed on a 11-0 vote.
SECONDED:Kagan
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS


11:23 AM -- House Bill 10-1425 - Concerning Postretirement Employment for Purposes of PERA

Representative Miklosi, prime sponsor, explained that as a result of Senate Bill 09-282, the Denver Public Schools Retirement System (DPSRS) was merged into the Public Employees' Retirement Association (PERA) on January 1, 2010. The merger legislation exempted a person who was a PERA retiree and an active member of the DPSRS as of December 31, 2009 from the PERA's work limit rule. This rule reduces the monthly benefit paid to a person who returns to work for a PERA employer for more than 110 days or 720 hours in a calendar year. Representative Miklosi closed by noting that House Bill 10-1425 extends the work limit rule exemption to a person who was a PERA retiree and an hourly employee of a school or charter school within the Denver Public School District prior to the merger.

The committee discussed whether the change in the legislation would benefit PERA's actuarial status. Representative Miklosi responded saying that the bill would not affect PERA's portfolio.

The following person testified:

11:26 AM -- Mr. Terry Campbell, PERA, responded to the ongoing committee discussion saying that the bill would not have an impact on the actuarial funding status of PERA's portfolio.










BILL:HB10-1425
TIME: 11:39:38 AM
MOVED:Benefield
MOTION:Refer House Bill 10-1425 to the Committee of the Whole. The motion passed on a 11-0 vote.
SECONDED:Labuda
VOTE
DelGrosso
Yes
Frangas
Yes
Gerou
Yes
Kagan
Yes
Kefalas
Yes
Labuda
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Benefield
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS


11:40 AM

Adjourn.