Date: 05/01/2013

Final
BILL SUMMARY for SB13-221

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Moved Amendment L.002 (Attachment D). The motion p
Refer Senate Bill 13-221, as amended, to the Commi		Pass Without Objection
PASS



03:51 PM -- Senate Bill 13-221 - Concerning Conservation Easements

Representative Ryden, prime sponsor, explained Senate Bill 13-221 and distributed a fact sheet on the bill (Attachment C). She continued by explaining that the bill requires that the Division of Real Estate (division) in the Department of Regulatory Agencies (DORA) create an application and certification process for landowners seeking to claim an income tax credit for a conservation easement. Beginning with income tax year 2014, a claim for the tax credit must be pre-certified by the division.

The committee engaged in a discussion of legislation passed in 2010 that initially gave the division a role in the process of claiming state income tax credits for conservation easement donations. After a brief committee discussion, the committee heard testimony.

 The following persons testified:

03:56 PM -- Mr. Gregory Fugate, representing the Office of the State Auditor, and Mr. Jordan Beezley, Division of Real Estate, DORA, responded to questions about the bill and a recent audit of the conservation easement program.

04:02 PM -- Ms. Debbie Van Wyke, Colorado Department of Revenue, responded to questions about the process of resolving prior disputed state income tax credits under the conservation easement program.

04:13 PM -- Mr. Greg Yankee, representing the Colorado Coalition of Land Trusts, testified in support of the bill and commented on the benefit of the program to the state.
BILL:SB13-221
TIME: 04:15:40 PM
MOVED:Court
MOTION:Moved Amendment L.002 (Attachment D). The motion passed without objection.

13HseFin0501AttachD.pdf13HseFin0501AttachD.pdf
SECONDED:Melton
VOTE
DelGrosso
Foote
Joshi
Kagan
May
Melton
Pabon
Priola
Saine
Swalm
Wilson
Excused
Labuda
Court
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB13-221
TIME: 04:18:59 PM
MOVED:Court
MOTION:Refer Senate Bill 13-221, as amended, to the Committee on Appropriations. The motion passed on a vote of 11-0.
SECONDED:Saine
VOTE
DelGrosso
Yes
Foote
Yes
Joshi
Yes
Kagan
Yes
May
Yes
Melton
Yes
Pabon
Excused
Priola
Yes
Saine
Yes
Swalm
Yes
Wilson
Excused
Labuda
Yes
Court
Yes
Final YES: 11 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS