Final
SUMMARY for SCR05-001

HOUSE COMMITTEE ON FINANCE

Votes:
Action Taken:
Moved amendment L.007. (The amendment allows the
Refer SCR 05-001, as amended, to the Committee on 		Pass Without Objection
PASS


01:34 PM

Representative Vigil, Chairman, called the meeting to order and commented that a quorum is present. Representative Gallegos, prime sponsor, distributed amendment L.007 (Attachment A) to committee members and explained the provisions of the bill. Representative Gallegos explained the resolution, if approved by voters in the November 2006 general election, will allow for the senior homestead exemption to be extended to 100% disabled veterans. He closed by saying the exemption for disabled veterans would not apply to surviving spouses.

The committee discussed the level of disability that would trigger the benefit under the bill for a 100% disabled veteran.

The following persons testified:

01:47 PM -- Mr. Herb Homan, representing self, commented that the Senior Lobby has not taken a position on the bill. Mr. Homan said that he was concerned about the timing of the bill because a lot could change before the exemption is approved by voters. Mr. Homan mentioned that the exemption can be beneficial because a disabled veteran with a 100 percent disability may have more expenses related to the disability than other military veterans. Mr. Homan closed by saying the proposal could be postponed one year until voters vote on House Bill 05-1194 in the November 2005 General Election.

02:03 PM -- Mr. Josh Harwood, Legislative Council Staff, responded to committee questions and commented on the funding for the military exemption. Mr. Harwood closed by pointing out the differences between the senior homestead exemption and the exemption for disabled veterans.

02:07 PM -- Mr. Jason Gelender, Office of Legislative Legal Services, responded to committee questions. Mr. Gelender clarified that SCR 05-001 does not make any changes to the existing homestead exemption for seniors.

The committee discussed exempting the entire cost of the homestead exemption from the TABOR revenue limit. After a brief discussion, the bill was placed on the table for action. The committee discussed amendment L.001. The amendment allows the state to pay for the exemption (for disabled veterans) from excess TABOR revenues, when available.
BILL:SCR 05-001
TIME: 02:22:12 PM
MOVED:Vigil
MOTION:Moved amendment L.007. (The amendment allows the state to pay for the exemption (for disabled veterans) from excess TABOR revenues, when available.) The amendment passed without objection by those members present.
SECONDED:Benefield
VOTE
Benefield
Cloer
Excused
Crane
Frangas
Garcia
Jahn
Marshall
Massey
May M.
McCluskey
Witwer
Judd
Vigil
Not Final YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection
BILL:SCR 05-001
TIME: 02:22:59 PM
MOVED:Judd
MOTION:Refer SCR 05-001, as amended, to the Committee on Appropriations. The motion passed on a 12-0-1 vote.
SECONDED:Benefield
VOTE
Benefield
Yes
Cloer
Excused
Crane
Yes
Frangas
Yes
Garcia
Yes
Jahn
Yes
Marshall
Yes
Massey
Yes
May M.
Yes
McCluskey
Yes
Witwer
Yes
Judd
Yes
Vigil
Yes
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS