Date: 04/29/2015

Final
BILL SUMMARY for SB15-227

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Adopt amendment L.002 (Attachment P) The motion pa
Postpone Senate Bill 15-227 indefinitely. The moti
Refer Senate Bill 15-227, as amended, to the Commi		Pass Without Objection
PASS
FAIL



07:20 PM -- SB15-227

Representatives Melton and Van Winkle, co-prime sponsors, introduced Senate Bill 15-227. The reengrossed bill provides that one residential storage condominium unit per residence may qualify as a residential improvement for the purposes of property taxation. The owner must comply with all requirements and seek classification as a residential storage condominium unit for each property tax year that property tax treatment under the bill is sought. The assessor may inspect a property to confirm its qualifications as a residential storage condominium unit. An owner is required to notify the assessor any time his or her property no longer meets the definition of a residential storage condominium unit or if the property is transferred to a new owner. Representative Melton distributed amendment L.002 (Attachment P). In response to committee questions, Representatives Melton and Van Winkle discussed the fiscal implications of the bill.

15HouseFin0429AttachP.pdf15HouseFin0429AttachP.pdf

07:32 PM -- Mr. Alex Schatz, Legislative Council Staff, came to the table to discuss the fiscal note.

07:36 PM -- Ms. JoAnn Groff, representing the Division of Property Taxation, came to the table to discuss the definition of "residential." In response to a committee question, Ms. Groff noted that county assessors cannot change the classification of storage condominiums without legislation.


07:41 PM

Committee discussion ensued.

07:44 PM -- Ms. Groff returned to the table to discuss amendment L.002.
BILL:SB15-227
TIME: 07:46:17 PM
MOVED:Van Winkle
MOTION:Adopt amendment L.002 (Attachment P) The motion passed without objection.
SECONDED:Conti
VOTE
Becker K.
Conti
Garnett
Kagan
Pabon
Priola
Roupe
Van Winkle
Wilson
Foote
Court
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB15-227
TIME: 07:54:44 PM
MOVED:Van Winkle
MOTION:Refer Senate Bill 15-227, as amended, to the Committee on Appropriations. The motion failed on a vote of 5-6.
SECONDED:Priola
VOTE
Becker K.
No
Conti
Yes
Garnett
No
Kagan
No
Pabon
No
Priola
Yes
Roupe
Yes
Van Winkle
Yes
Wilson
Yes
Foote
No
Court
No
YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL


BILL:SB15-227
TIME: 07:54:23 PM
MOVED:Pabon
MOTION:Postpone Senate Bill 15-227 indefinitely. The motion passed on a vote of 6-5.
SECONDED:Court
VOTE
Becker K.
Yes
Conti
No
Garnett
Yes
Kagan
Yes
Pabon
Yes
Priola
No
Roupe
No
Van Winkle
No
Wilson
No
Foote
Yes
Court
Yes
Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS