Date: 09/06/2006

Final
Referendum H

COMMITTEE ON LEGISLATIVE COUNCIL

Votes: View--> Action Taken:
Amend the final staff draft, page 1, line 16, afte
Amend the final staff draft, page 1, line 29, stri
Amend the final staff draft, page 2, line 8, strik		Pass Without Objection
PASS
FAIL


11:07 AM -- Referendum H

Mike Mauer and Ron Kirk, Legislative Council Staff, came to the table to to describe the ballot analysis for Referendum H, which limits the state business income tax deduction. He walked through the summary and analysis portion of the document for the committee. Mr. Kirk described the arguments for and against the measure. He described the potential fiscal impact of the measure.


11:10 AM

Douglas Bruce testified as an opponent of the measure. Mr. Bruce began by expressing concern about the estimate of fiscal impact for the measure. Speaker Romanoff asked Mr. Mlinek to come to the table to address the fiscal note issue. Mr. Mlinek described the fiscal note process for measures with TABOR impact, which is pursuant to state statute.


11:16 AM

Mr. Bruce began his remarks to the ballot analysis, beginning with the summary and analysis. He described his concerns with the arguments, describing several arguments he would advocate as replacements for the arguments in the staff draft. Mr. Bruce spoke to the issue of the estimate of fiscal impact, expressing concern with it. Mr. Bruce expressed concern that there are only two arguments for and two arguments against the measure in the staff draft. He referred the committee to nine suggested arguments he provided in his comments to staff. He then returned to the issue of the estimate of fiscal impact.


11:27 AM

Speaker Romanoff asked Legislative Council Staff for clarification of the use of "wages" versus "wages or other compensation" in the staff draft. Mr. Mauer came to the table to respond.
BILL:Referendum H
TIME: 11:28:23 AM
MOVED:Hoppe
MOTION:Amend the final staff draft, page 1, line 16, after "wages", insert "or other compensation paid". The motion passed without objection.
SECONDED:Romanoff
VOTE
Butcher
Cadman
Cerbo
Garcia
Gordon
Groff
Harvey
Hoppe
Johnson
Excused
Madden
May M.
McElhany
Spence
Teck
Tupa
Windels
Fitz-Gerald
Romanoff
Not Final YES: 0 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:Referendum H
TIME: 11:29:21 AM
MOVED:Teck
MOTION:Amend the final staff draft, page 1, line 29, strike "pay higher". Page 2, line 1, strike "wages to" and substitute "that hire". Not having received the 12 votes required to pass, the motion failed on a 9-8-1 roll call vote.
SECONDED:Hoppe
VOTE
Butcher
Yes
Cadman
Yes
Cerbo
No
Garcia
No
Gordon
No
Groff
No
Harvey
Yes
Hoppe
Yes
Johnson
Excused
Madden
No
May M.
Yes
McElhany
Yes
Spence
Yes
Teck
Yes
Tupa
No
Windels
No
Fitz-Gerald
No
Romanoff
Yes
Not Final YES: 9 NO: 8 EXC: 1 ABS: 0 FINAL ACTION: FAIL


BILL:Referendum H
TIME: 11:31:10 AM
MOVED:Cadman
MOTION:Amend the final staff draft, page 2, line 8, strike "taxes." and sustitute "taxes, but tax preparation time and cost will increase". The motion failed on an 8-9-1 roll call vote.
SECONDED:May M.
VOTE
Butcher
No
Cadman
Yes
Cerbo
Yes
Garcia
No
Gordon
No
Groff
No
Harvey
Yes
Hoppe
Yes
Johnson
Excused
Madden
No
May M.
Yes
McElhany
Yes
Spence
Yes
Teck
Yes
Tupa
No
Windels
No
Fitz-Gerald
No
Romanoff
No
Not Final YES: 8 NO: 9 EXC: 1 ABS: 0 FINAL ACTION: FAIL