Date: 05/08/2012

Final
BILL SUMMARY for SB12-083

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer Senate Bill 12-083 to the Committee on ApproPASS



02:09 PM -- Senate Bill 12-083 - Concerning Dynamic Modeling

Representative DelGrosso, prime sponsor, explained the provisions of Senate Bill 12-083. He noted that the legislation allows Legislative Council Staff to study dynamic modeling to analyze the fiscal impact of proposed legislation. The committee discussed the use of dynamic modeling and the information resulting from the analysis of certain public finance legislation.

The following persons testified:

02:31 PM -- Ms. Ali Mickelson, representing the Colorado Fiscal Policy Institute, noted that her organization took a neutral position on the legislation. Ms. Mickelson talked about the mission of the institute and other states that had experiences using a dynamic model to analyze the indirect effects of public finance legislation.

02:33 PM -- Ms. Carly Dollar, representing the Colorado Association of Commerce and Industry, testified in support of the bill.
BILL:SB12-083
TIME: 02:35:48 PM
MOVED:Conti
MOTION:Refer Senate Bill 12-083 to the Committee on Appropriations. The motion passed on a vote of 10-2, with 1 member excused.
SECONDED:Acree
VOTE
Acree
Yes
Beezley
Yes
Conti
Yes
Holbert
Yes
Hullinghorst
Yes
Kagan
No
Kefalas
Yes
Labuda
No
McCann
Yes
Pabon
Excused
Swalm
Yes
Swerdfeger
Yes
DelGrosso
Yes
Final YES: 10 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS



02:37 PM

The committee adjourned.