BILL SUMMARY for SB09-232
SENATE COMMITTEE ON LOCAL GOVERNMENT AND ENERGY
|Votes: View--> ||Action Taken: |
|Moved Amendment L 001 that strikes everything belo|
Moved to the refer Senate Bill 09-232 to the Commi
|Pass Without Objection|
The committee recessed.
11:14 AM -- Senate Bill 09-232
Senator Schwartz, sponsor, described the provision of Senate Bill 09-232 that was recommended by the Joint Select Committee on Job Creation and Economic Growth. The bill creates a process that authorizes state financial assistance for local capital construction projects. She also distributed Amendment L. 001 that strikes everything below the enacting clause - essentially creating a new bill under the existing title (Attachment D). The amendment requires the Executive Director of the Department of Local Affairs, the State Treasurer, the Director of the Colorado Office of Economic Development, or their designees and the members of the Energy Impact Assistance Advisory Committee to work with affected stakeholders to evaluate the priorities and opportunities associated with the Local Government Permanent Fund. She explained that the Local Government Permanent Fund that was created by Senate Bill 08-218 in Section 34-60-102, C.R.S., to receive federal mineral lease revenue.
The following persons testified on the bill:
11:23 AM -- Bruce Eisenhauer, Deputy Director of the Department of Local Affairs, spoke in support of Amendment L. 001 and responded to questions from the committee about the Department's ability to assist with the review of the use of moneys in the Local Government Permanent Fund.
11:31 AM -- Chris Mendez, Colorado Counties, Inc., commented on Senate Bill 09-232 and described the willingness of his organization willingness to participate in the review of the use of moneys in the Local Government Permanent Fund.
|TIME: || 11:34:31 AM|
|MOTION:||Moved to the refer Senate Bill 09-232 to the Committee of Whole, as amended. The motion passed 5-2.|
Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
The meeting adjourned.