BILL SUMMARY for HB09-1066
SENATE COMMITTEE ON TRANSPORTATION
|Votes: View--> ||Action Taken: |
|Moved that House Bill 09-1066 be referred to the C||PASS|
02:06 PM -- House Bill 09-1066
Senator Gibbs, prime sponsor, presented House Bill 09-1066, concerning the codification of existing practices of the Division of Aeronautics.
The following person testified in regard to House Bill 09-1066:
02:07 PM -- Travis Vallin, Director, Division of Aeronautics, Department of Transportation, supported House Bill 09-1066 and said that the Division of Aeronautics was originally located under what is now the Colorado Department of Military and Veterans Affairs. He said that House Bill 09-1066 will codify existing practices regarding the relationship of the division with local governments. He discussed the State Infrastructure Bank and its process of making loans to local governments. He commented on procedures by which moneys from the Aviation Fund are directed to the State Infrastructure Bank. He said that approximately $23 million is currently loaned out to local governments in Colorado from the Infrastructure Bank. He noted that private entities are also eligible to apply for these loans.
|TIME: || 02:16:15 PM|
|MOTION:||Moved that House Bill 09-1066 be referred to the Committee of the Whole. The motion passed on a 7-0-0 roll call vote.|
Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
The committee meeting adjourned.