House Committee on Finance (02/27/2013)

Final
STAFF SUMMARY OF MEETING

HOUSE COMMITTEE ON FINANCE

Date:	02/27/2013	ATTENDANCE

Time:	01:34 PM to 02:59 PM	DelGrosso	X
		Foote	X
Place:	LSB A	Joshi	X
		Kagan	X
This Meeting was called to order by		May	*
	Representative Court	Melton	*
		Pabon	*
This Report was prepared by		Priola	X
	Ron Kirk	Saine	X
		Swalm	X
		Wilson	X
		Labuda	X
		Court	X
		X = Present, E = Excused, A = Absent, * = Present after roll call

Bills Addressed:		Action Taken:
SB13-029 HB13-1206 HB13-1115		Referred to the Committee of the Whole Referred to the Committee of the Whole Referred to Appropriations

01:36 PM -- Senate Bill 13-029 - Concerning the Habitat for Humanity Income Tax Checkoff Program

Representative DelGrosso, prime sponsor, explained the provisions of the bill. He noted that Senate Bill 13-029 creates a new income tax return checkoff to collect donations for the Habitat for Humanity of Colorado Fund, a registered Colorado-based 501 (c)(3) public charity organization. After subtracting the Department of Revenue's programming costs and expenses to administer contributions, the remaining donated money would be transferred to the fund. Money in the fund would be used by organization affiliates of Habitat for Humanity to provide home ownership to low-income families.

The following persons testified:

01:44 PM -- Ms. Stefka Fanchi, representing Habitat for Humanity of Colorado, spoke in support of the bill. Ms. Fanchi spoke about the service provided by Habitat for Humanity.

01:47 PM -- Mr. Tim Trowbridge, representing Habitat for Humanity, spoke in support of the bill. Mr. Trowbridge spoke about the affordable housing provided by Habitat for Humanity.

01:49 PM -- Ms. April Ocasio, representing herself, spoke in support of the bill. Ms. Ocasio shared her personal story and talked about the home provided to her family by Habitat for Humanity.


BILL:	SB13-029
TIME:	01:59:25 PM
MOVED:	DelGrosso
MOTION:	Refer Senate Bill 13-029 to the Committee of the Whole. The motion passed on a vote of 11-0.
SECONDED:	Melton
		VOTE
	DelGrosso	Yes
	Foote	Excused
	Joshi	Yes
	Kagan	Yes
	May	Excused
	Melton	Yes
	Pabon	Yes
	Priola	Yes
	Saine	Yes
	Swalm	Yes
	Wilson	Yes
	Labuda	Yes
	Court	Yes

Final YES: 11 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

02:03 PM -- House Bill 13-1206 - Concerning Business Incentive Agreements

Representative DelGrosso, prime sponsor, explained that House Bill 13-1206 modifies the cap for statutory business incentive agreements (BIAs) applicable to counties, municipalities, and special districts. Under current law, where a taxpayer has established a new or expanded business facility, local governments may, for a term of up to 10 years, enter a BIA that provides a taxpayer an incentive payment or credit up to the amount of the taxpayer's personal property tax liability. The bill adds authority for such BIAs to be formed with any taxpayer that the local government determines is at risk of relocating a business facility within the local jurisdiction to a location outside of Colorado.

The following persons testified:

02:21 PM -- Mr. Trever Clayton, representing himself, testified in opposition to the bill. Mr. Clayton noted that the bill would provide a tax incentive that may reduce the competitive environment of the state and result in businesses leaving the state. He closed by urging the committee to oppose the bill.

02:26 PM -- Mr. Eric Berglund, Northern Colorado Legislative Alliance, testified in support of the bill.

02:38 PM -- Mr. Bill Clayton, representing Colorado Counties Incorporated, testified in support of the bill.


BILL:	HB13-1206
TIME:	02:43:42 PM
MOVED:	DelGrosso
MOTION:	Refer House Bill 13-1206 to the Committee of the Whole. The motion passed on a vote of 10-1.
SECONDED:	Saine
		VOTE
	DelGrosso	Yes
	Foote	Excused
	Joshi	Yes
	Kagan	Yes
	May	Excused
	Melton	Yes
	Pabon	Yes
	Priola	Yes
	Saine	Yes
	Swalm	Yes
	Wilson	Yes
	Labuda	Yes
	Court	No

Final YES: 10 NO: 1 EXC: 2 ABS: 0 FINAL ACTION: PASS

02:48 PM -- House Bill 13-1115 - Concerning the Repeal of CoverColorado

Representative McCann, prime sponsor, explained that due to the passage of federal health care reform, Colorado residents who are termed "high risk" will have options other than CoverColorado from which to obtain health insurance. Because there is no reason to continue CoverColorado, House Bill 13-1115 repeals CoverColorado as of March 31, 2015.


BILL:	HB13-1115
TIME:	02:55:27 PM
MOVED:	Kagan
MOTION:	Refer House Bill 13-1115 to the Committee on Appropriations. The motion passed on a vote of 8-3.
SECONDED:	Pabon
		VOTE
	DelGrosso	No
	Foote	Excused
	Joshi	Yes
	Kagan	Yes
	May	Excused
	Melton	Yes
	Pabon	Yes
	Priola	No
	Saine	No
	Swalm	Yes
	Wilson	Yes
	Labuda	Yes
	Court	Yes

Final YES: 8 NO: 3 EXC: 2 ABS: 0 FINAL ACTION: PASS

02:59 PM

The committee adjourned.