Bill Summary for Bill Number HB09-1110

Date: 02/03/2009

Final
BILL SUMMARY for HB09-1110

HOUSE COMMITTEE ON LOCAL GOVERNMENT

Votes: View-->	Action Taken:
Moved amendment L.001 (Attachment B). The motion Moved amendment L.002 (Attachment C). The motion Moved to refer House Bill 09-1110, as amended, to	TIE TIE PASS

01:42 PM -- House Bill 09-1110

Representative Scanlan, prime sponsor of House Bill 09-1110, concerning required rental real property information for county assessors, explained that under current law, personal property that is used as rental property is subject to additional property taxation. This bill clarifies existing law by requiring owners of rental property to provide identifying information of such properties to county assessors or to include the relevant information in advertisements for rental units. According to the bill, owners of furnished residential rental property or their agents must provide the schedule number for the property, the property owner’s name, or the address of the rental property to the county assessor by December 1, 2009, and in each subsequent year.

01:48 PM

Franklin Celico, Summit County, testified in support of the bill and discussed the definition of personal property tax and difficulties for counties to identify properties being used for rental properties. Mr. Celico explained that the bill would clarify the definition of rental agents in state law and addressed questions concerning the purpose of the bill.

01:52 PM

Mark Chapin, Eagle County Assessor, and Beverly Breakstone, Summit County Assessor, testified in support of the bill and discussed difficulty for county assessors to track residential properties that are renting their properties, but not reporting rental income accordingly. They discussed that this problem was injuring hotel, motels, and other rental properties that are complying with the county and discussed the advantage of not reporting themselves as rental property on personal property taxes.

01:58 PM

Mr. Chapin discussed the number of residential properties in Eagle County and the need for House Bill 09-1110 to help counties assesses the value of residential properties that would qualify as rental property.

01:59 PM

Mike Magliochetti, business owner, Summit County, testified in support of the bill and explained that the majority of rental properties do not comply with the sales tax license law. He explained that the bill will allow the Department of Revenue to enforce the sales tax license law on rental properties that are not complying with the proper reporting.

02:03 PM

Christine O'Donnell, Colorado Hotel and Lodging Association, testified in support of the bill pending certain amendments and explained that the bill would not prevent all private residences from becoming vacation rental properties. Ms. O'Donnell addressed questions concerning the prepared amendments.

02:07 PM

JoAnn Groff, Director, Division of Property Taxation, Department of Local Affairs, addressed the committee to answer question whether the bill would expand the authority of county assessors and the process for assessors to change rental property values. She explained that the bill would not expand the powers of county assessors and discussed the changes in property assessment and taxation for individuals that rent out their residential property.

02:12 PM

Representative Scanlan entered closing comments on the bill and discussed prepared amendments L.001 (Attachment B) and L.002 (Attachment C).


BILL:	HB09-1110
TIME:	02:13:57 PM
MOVED:	Liston
MOTION:	Moved amendment L.001 (Attachment B). The motion passed without objection.
SECONDED:	Vigil
		VOTE
	Acree
	Bradford
	Liston
	McKinley
	Middleton
	Schafer S.
	Tipton
	Vigil
	Waller
	Soper
	Peniston

Not Final YES: 0 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: TIE


BILL:	HB09-1110
TIME:	02:14:41 PM
MOVED:	Middleton
MOTION:	Moved amendment L.002 (Attachment C). The motion passed without objection.
SECONDED:	Schafer S.
		VOTE
	Acree
	Bradford
	Liston
	McKinley
	Middleton
	Schafer S.
	Tipton
	Vigil
	Waller
	Soper
	Peniston

Not Final YES: 0 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: TIE


BILL:	HB09-1110
TIME:	02:16:09 PM
MOVED:	Middleton
MOTION:	Moved to refer House Bill 09-1110, as amended, to the Committee on Appropriations. The motion passed 11-0.
SECONDED:	Schafer S.
		VOTE
	Acree	Yes
	Bradford	Yes
	Liston	Yes
	McKinley	Yes
	Middleton	Yes
	Schafer S.	Yes
	Tipton	Yes
	Vigil	Yes
	Waller	Yes
	Soper	Yes
	Peniston	Yes

Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS