Date: 05/03/2006

Final
BILL SUMMARY for SB06-214

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Moved amendment L.004 (the amendment makes a techn
Refer Senate Bill 06-214, as amended, to the Commi		Pass Without Objection
PASS



06:14 PM -- Senate Bill 06-214 - Concerning Terrestrial Carbon Sequestration

Representative Green, prime sponsor, explained that Senate Bill 06-214 directs the Department of Public Health and Environment to administer a program to award the following grants:

• a $50,000 grant to Colorado State University to study the potential of terrestrial carbon sequestration as a technique for mitigating greenhouse gas emissions in the state;
• a $50,000 grant to the Colorado School of Mines to study the potential of geologic carbon sequestration as a technique for mitigating greenhouse gas emissions in the state; and
• a $35,000 grant to a public university to study emerging international and domestic markets in greenhouse gas emissions and private firms in various economic sectors that are reducing greenhouse gas emissions.

The bill requires that each grant recipient report the results of its research to the General Assembly by March 15, 2007.

 The following person testified:

06:17 PM -- Mr. Jim Cole, Colorado School of Mines, testified in support of the legislation.

Representative Green distributed amendment L.004 (Attachment F) and explained that it makes a technical correction. The amendment was moved by Representative Cloer and it passed without objection by those members present. Representative Cloer moved to refer Senate Bill 06-214, as amended, to the Committee on Appropriations. The motion passed on a 11-2-0 vote.
BILL:SB06-214
TIME: 06:18:16 PM
MOVED:Cloer
MOTION:Moved amendment L.004 (the amendment makes a technical correction). The motion passed without objection by those members present.
SECONDED:Garcia
VOTE
Benefield
Cloer
Crane
Frangas
Garcia
Harvey
Jahn
Kerr
Marshall
Massey
McCluskey
Judd
Vigil
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:SB06-214
TIME: 06:18:53 PM
MOVED:Cloer
MOTION:Refer Senate Bill 06-214, as amended, to the Committee on Appropriations. The motion passed on a 11-2-0 vote.
SECONDED:Judd
VOTE
Benefield
Yes
Cloer
Yes
Crane
No
Frangas
Yes
Garcia
Yes
Harvey
No
Jahn
Yes
Kerr
Yes
Marshall
Yes
Massey
Yes
McCluskey
Yes
Judd
Yes
Vigil
Yes
Final YES: 11 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS