Amendments for HB23-1272
House Journal, April 10
37 Amend printed bill, page 9, line 26, before "(1)(p.5)," insert "(1)(g.5),".
38
39 Page 10, after line 5 insert:
40 "(g.5) "DEPARTMENT" MEANS THE DEPARTMENT OF REVENUE.".
41
42 Page 12, line 16, strike "AMOUNT" and substitute "AMOUNTS".
43
44 Page 12, line 17, strike "SUBSECTION (4)(a)(XI)" and substitute
45 "SUBSECTIONS (4)(a)(XI) AND (4)(a.5)".
46
47 Page 13, line 2, strike "BY".
48
49 Page 16, strike lines 1 through 5 and substitute "JANUARY 1, 2029, OF A
50 CATEGORY 1 VEHICLE THAT EXCEEDS A MANUFACTURER'S SUGGESTED
51 RETAIL PRICE OF EIGHTY-THOUSAND DOLLARS.".
52
53 Page 17, line 17, before "(1)(bb.1)," insert "(1)(q.5),".
54
55
1 Page 17, after line 20, insert:
2 "(q.5) "DEPARTMENT" MEANS THE DEPARTMENT OF REVENUE.".
3
4 Page 18, line 14, strike "MEDIUM-DUTY" and substitute "LIGHT-DUTY,
5 MEDIUM-DUTY,".
6
7 Page 37, line 8, strike the second "IN" and substitute "FOR".
8
9 Page 38, line 21, strike "DECEMBER 31, 2023," and substitute "JUNE 30,
10 2024,".
11 Page 43, strike lines 25 and 26 and substitute "PURSUANT TO THIS SECTION
12 IN AN AGGREGATE AMOUNT".
13
14 Page 53, line 22, strike "AN ELECTRIC".
15
16 Page 53, strike line 23.
17
18 Page 54, strike lines 3 and 4.
19
20 Page 55, strike lines 11 and 12.
21
22 Page 58, strike lines 18 and 19.
23
24 Page 59, line 15, strike "BUILDING;" and substitute "BUILDING.".
25
26 Page 59, strike lines 16 and 17.
27
28 Page 62, line 16, strike "2027" and substitute "2031".
29
30 Page 62, line 24, strike "SUBSECTION (3)(d)(V)" and substitute
31 "SUBSECTIONS (3)(d) AND (3)(e)".
32
33 Page 63, line 13, strike "2024," and substitute "2023,".
34
35 Page 72, line 12, strike "2035," and substitute "2033,".
36
37 Page 74, after line 18 insert:
38
39 "(6) (a) A QUALIFIED TAXPAYER SHALL SUBMIT A REPORT TO THE
40 OFFICE BY THE END OF THE FIRST MONTH AFTER THE END OF ANY INCOME
41 TAX YEAR IN WHICH THE QUALIFIED TAXPAYER RECEIVED A TAX CREDIT
42 UNDER THIS SECTION AND SHALL ANNUALLY SUBMIT A REPORT FOR FIVE
43 YEARS THEREAFTER REPORTING SUSTAINABLE AVIATION FUEL
44 PRODUCTION AND TOTAL FUEL PRODUCTION FOR THE FACILITY.".
45
46 Page 74, line 19, strike "(6)" and substitute "(b)".
47
48 Page 75, line 9, strike "2036," and substitute "2034,".
49
50 Page 75, after line 17 insert:
51
52 "(8) IF THE CREDIT AUTHORIZED BY THIS SECTION EXCEEDS THE
53 INCOME TAX DUE ON THE INCOME OF THE QUALIFIED TAXPAYER FOR THE
54 TAXABLE YEAR, THE EXCESS CREDIT MAY NOT BE CARRIED FORWARD AND
55 MUST BE REFUNDED TO THE QUALIFIED TAXPAYER.
56
1 (9) THIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2038.".
2
3 Page 75, line 24, strike "39-22-554." and substitute "39-22-553.".
4
5 Page 83, line 6, strike "portion" and substitute "portion; and add (2)(d)".
6
7 Page 84, line 12, after "2026," insert "BUT BEFORE JANUARY 1, 2033,".
8
9 Page 84, after line 16 insert:
10
11 "(d) FOR A TAXABLE YEAR BEGINNING ON OR AFTER JANUARY 1,
12 2033, FOR EACH WELL THAT IS NOT EXEMPT FROM THE STATE SEVERANCE
13 TAX PURSUANT TO SUBSECTION (1)(b) OF THIS SECTION, THERE IS
14 ALLOWED A CREDIT AGAINST THE TAX COMPUTED IN ACCORDANCE WITH
15 SUBSECTION (1)(b) OF THIS SECTION IN AN AMOUNT CALCULATED BY THE
16 FORMULA C = 0.7656 X GI X ML, WHERE:
17 (I) C IS THE AMOUNT OF THE CREDIT;
18 (II) GI IS THE GROSS INCOME ATTRIBUTABLE TO THE WELL FOR THE
19 CURRENT TAXABLE YEAR; AND
20 (III) ML IS THE TOTAL OF ALL MILL LEVIES, FIXED NOT LATER THAN
21 DECEMBER 22 OF THE PRECEDING CALENDAR YEAR PURSUANT TO SECTION
22 39-1-111, BY ALL LOCAL GOVERNMENTS FOR PROPERTY AT THE WELL'S
23 LOCATION.".
24
25 Page 84, line 18, strike "and (7)(b);" and substitute "(7)(b), (7)(d), and
26 (7)(e);".
27
28 Page 85, line 2, strike "2024-25 THROUGH 2023-33," and substitute
29 "2023-24 THROUGH 2032-33,".
30
31 Page 85, line 6, strike "GENERAL FUND." and substitute
32 "DECARBONIZATION TAX CREDITS ADMINISTRATION CASH FUND CREATED
33 IN SECTION 24-38.5-119 (2).".
34
35 Page 87, after line 18 insert:
36
37 "(d) The persons identified in subsection (7)(a) of this section
38 shall submit the written implementation plan to the joint budget
39 committee no later than January 15, 2024; EXCEPT THAT THE
40 RECOMMENDATIONS REQUIRED PURSUANT TO SUBSECTION (7)(a)(IV) OF
41 THIS SECTION SHALL BE SUBMITTED TO THE JOINT BUDGET COMMITTEE NO
42 LATER THAN JANUARY 15, 2025. Prior to submission of the
43 implementation plan, the stakeholder group shall have an opportunity to
44 review the draft recommendations and individual stakeholders may
45 provide comments in response to the implementation plan to be included
46 with the submission of the implementation plan.
47 (e) This subsection (7) is repealed, effective July 1, 2024. JULY 1,
48 2025.".
49
50 Page 91, after line 23 insert:
51
52 "SECTION 20. In Colorado Revised Statutes, 24-38.5-102, add
53 (5) as follows:
54
1 24-38.5-102. Colorado energy office - duties and powers -
2 definitions. (5) (a) AS USED IN THIS SUBSECTION (5), UNLESS THE
3 CONTEXT OTHERWISE REQUIRES:
4 (I) "DECARBONIZATION TAX CREDITS" MEANS THE TAX CREDITS
5 CREATED IN SECTIONS 39-22-549, 39-22-550, 39-22-551, 39-22-552,
6 39-22-553, AND 39-22-554.
7 (II) "STANDARDS" MEAN THE STANDARDS OR GUIDELINES THE
8 OFFICE IS AUTHORIZED TO ADOPT TO IMPLEMENT THE DECARBONIZATION
9 TAX CREDITS.
10 (b) NOTWITHSTANDING 24-1-136 (11)(a)(I), BEGINNING ON AND
11 AFTER JANUARY 1, 2024, BUT BEFORE JANUARY 1, 2033, THE COLORADO
12 ENERGY OFFICE SHALL ANNUALLY REPORT TO THE TRANSPORTATION AND
13 ENERGY COMMITTEE OF THE SENATE, THE ENERGY AND ENVIRONMENT
14 COMMITTEE OF THE HOUSE OF REPRESENTATIVES, AND THE FINANCE
15 COMMITTEES OF THE SENATE AND THE HOUSE OF REPRESENTATIVES, OR
16 ANY SUCCESSOR COMMITTEES, THE FOLLOWING:
17 (I) STANDARDS ADOPTED IN THE PRECEDING YEAR;
18 (II) AMENDMENTS, MODIFICATIONS, CHANGES, OR REPEALS TO
19 PREVIOUSLY ADOPTED STANDARDS IN THE PRECEDING YEAR; AND
20 (III) INFORMATION ON ANY PUBLIC COMMENT SOLICITED OR
21 RECEIVED PURSUANT TO THE ADOPTION OF STANDARDS OR TO THE
22 AMENDMENT, MODIFICATION, CHANGE, OR REPEAL OF PREVIOUSLY
23 ADOPTED STANDARDS.
24 (c) THE COLORADO ENERGY OFFICE MAY INCLUDE THE
25 INFORMATION REQUIRED IN SUBSECTION (5)(b) OF THIS SECTION IN ITS
26 ANNUAL PRESENTATION TO ITS JOINT COMMITTEES OF REFERENCE
27 PURSUANT TO SECTION 2-7-203.
28 (d) IF IN THE PRECEDING YEAR THE COLORADO ENERGY OFFICE
29 DOES NOT ADOPT NEW STANDARDS OR MAKE ANY CHANGES OR
30 MODIFICATIONS TO ADOPTED STANDARDS, THEN IT IS NOT REQUIRED TO
31 REPORT IN THAT YEAR PURSUANT TO SUBSECTION (5)(b) OF THIS SECTION.
32 (e) THIS SUBSECTION (5) IS REPEALED, EFFECTIVE DECEMBER 1,
33 2033.".
34
35 Renumber succeeding sections accordingly.
36
37 Page 91, line 25, strike "(6)(b)" and substitute "(6)(b); and add (3)(c)".
38
39 Page 92, strike line 2 and insert:
40 "reporting - repeal. (3) Grant program. (c) (I) GRANTS
41 CANNOT BE AWARDED FOR GREENHOUSE GAS EMISSIONS REDUCTION
42 IMPROVEMENTS PUT IN SERVICE AT AN INDUSTRIAL FACILITY FOR WHICH
43 AN INDUSTRIAL CLEAN ENERGY TAX CREDIT IS RECEIVED PURSUANT TO
44 SECTION 39-22-549.
45 (II) AS USED IN THIS SUBSECTION (3)(c), UNLESS THE CONTEXT
46 OTHERWISE REQUIRES:
47 (A) "GREENHOUSE GAS EMISSIONS REDUCTION IMPROVEMENTS"
48 HAS THE SAME MEANING AS SET FORTH IN SECTION 39-22-549 (2)(e).
49 (B) "INDUSTRIAL FACILITY" HAS THE SAME MEANING AS SET FORTH
50 IN SECTION 39-22-549 (2)(g).
51 (6) Fund. (b) (I) The money in the fund is".
52
53 Page 92, line 13, strike "39-22-549." and substitute "39-22-549 AND THE
54 TAX CREDIT FOR SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY
55 CREATED IN SECTION 39-22-554.".
56
1 Page 93, line 1, strike "39-22-550 AND" and substitute "39-22-550,".
2
3 Page 93, line 2, strike "39-22-551." and substitute "39-22-551, AND THE
4 HEAT PUMP TECHNOLOGY AND THERMAL ENERGY NETWORK TAX CREDIT
5 CREATED IN SECTION 39-22-552.".
6
7 Page 94, line 22, after "24-38.5-101," insert "AND THE DEPARTMENT OF
8 REVENUE".
9
10 Page 95, strike lines 5 through 20.
11
12 Renumber succeeding sections accordingly.
13
14 Page 95, before line 21, insert:
119 15 "SECTION 25. In Colorado Revised Statutes, add 24-38.5-
16 as follows:
17 24-38.5-119. Decarbonization tax credits administration cash
18 fund - definitions - repeal. (1) AS USED IN THIS SECTION, UNLESS THE
19 CONTEXT OTHERWISE REQUIRES:
20 (a) "DECARBONIZATION TAX CREDITS" MEANS THE CREDITS
21 CREATED IN SECTIONS 39-22-516.7, 39-22-516.8, 39-22-549, 39-22-550,
22 39-22-551, 39-22-552, 39-22-553, AND 39-22-554.
23 (b) "DEPARTMENT" MEANS THE DEPARTMENT OF REVENUE.
24 (c) "FUND" MEANS THE DECARBONIZATION TAX CREDITS
25 ADMINISTRATION CASH FUND CREATED IN SUBSECTION (2) OF THIS
26 SECTION.
27 (d) "OFFICE" MEANS THE COLORADO ENERGY OFFICE.
28 (2) THE DECARBONIZATION TAX CREDITS ADMINISTRATION CASH
29 FUND IS HEREBY CREATED IN THE STATE TREASURY. THE FUND CONSISTS
108 30 OF MONEY CREDITED TO THE FUND PURSUANT TO SECTION 39-29-
31 (2)(e)(I) AND ANY OTHER MONEY THAT THE GENERAL ASSEMBLY MAY
32 APPROPRIATE OR TRANSFER TO THE FUND.
33 (3) SUBJECT TO ANNUAL APPROPRIATION BY THE GENERAL
34 ASSEMBLY, FOR STATE FISCAL YEARS 2024-25 THROUGH 2032-33, THE
35 OFFICE AND THE DEPARTMENT MAY EXPEND MONEY FROM THE FUND FOR
36 DIRECT AND INDIRECT COSTS ASSOCIATED WITH THE IMPLEMENTATION
37 AND ADMINISTRATION OF THE DECARBONIZATION TAX CREDITS.
38 (4) THE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED
39 AND UNENCUMBERED MONEY IN THE FUND ON JULY 1, 2033 TO THE
40 GENERAL FUND.
41 (5) THIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2033.".
42
43 Renumber succeeding sections accordingly.
44
45 Page 95, line 26, strike "SECTION." and substitute "SECTION WITH RESPECT
46 TO THE IMPROVEMENTS OR EXPENDITURES FOR WHICH A CREDIT WAS
47 ALLOWED BY THOSE SECTIONS.".
48
49 Strike "MUST" and substitute "SHALL" on: Page 37, line 5; Page 38, line
50 11; Page 51, line 5; and Page 63, line 19.
51
52 Strike "SHALL" and substitute "MUST" on: Page 38, line 3; and Page 74,
53 line 16.
54
55 After "BUILDING;" insert "AND" on: Page 53, line 27; Page 55, line 8;
56 Page 58, line 15; and Page 59, line 13.
1 Strike "BUILDING; AND" and insert "BUILDING." on: Page 54, line 2; Page
2 55, line 10; and Page 58, line 17.
3
4 Strike "A DUAL FUEL SYSTEM" and substitute "SUPPLEMENTAL HEAT" on:
5 Page 55, lines 4 and 5; Page 58, lines 10 and 11; and Page 59, lines 9 and
6 10.
7
8 Strike "REAL" and substitute "RETAIL" on: Page 88, line 21; and Page 89,
9 line 8.
10
11 After "OFFICE" insert "AND THE DEPARTMENT OF REVENUE" on: Page 92,
12 lines 10 and 24; and Page 93, line 20.
13
14 Page 2, line 105, before "DECREASING" insert "TEMPORARILY".
15
16 Page 2, strike lines 106 through 108 and substitute "PRODUCTION,
17 REQUIRING THE REVENUE THAT IS ATTRIBUTABLE TO THE DECREASE BE
18 DEPOSITED IN THE DECARBONIZATION TAX CREDITS ADMINISTRATION
19 CASH FUND, AND CREATING THE CASH FUND.".
House Journal, April 21
43 HB23-1272 be amended as follows, and as so amended, be referred to
44 the Committee of the Whole with favorable
45 recommendation:
46
47 Amend the Finance Committee Report, dated April 13, 2023, page 1,
48 strike lines 18 through 22.
49
50 Page 2 of the Finance report, after line 4, insert:
51 "Page 21 of the bill, line 21, strike "TWELVE" and substitute "TEN".
52
53 Page 21 of the bill, line 24, strike "FOUR" and substitute "THREE".
54
55 Page 22 of the bill, line 6, strike "TWELVE" and substitute "TEN".
56
1 Page 22 of the bill, line 9, strike "EIGHT" and substitute "FIVE".".
2
3 Page 2 of the Finance report, strike lines 6 through 9 and substitute:
4
5 "Page 33 of the bill, lines 25 and 26, strike "JUNE 30 AND
6 DECEMBER 31" and substitute "DECEMBER 31 AND JUNE 30".".
7
8 Page 2 of the Finance report, strike line 18 and substitute:
9 "Page 38 of the bill, line 23, strike "JANUARY 1, 2024, BUT BEFORE
10 JANUARY 1, 2029," and substitute "JULY 1, 2024, BUT BEFORE JULY 1,
11 2028,".
12
13 Page 38 of the bill, line 26, strike "TEN" and substitute "EIGHT".
14
15 Page 38 of the bill, line 27, strike "JANUARY 1, 2029," and substitute
16 "JULY 1, 2028,".
17
18 Page 39 of the bill, line 1, strike "JUNE 30, 2032," and substitute "JULY 1,
19 2032,".".
20
21 Page 2 of the Finance report, line 19, strike ""TWELVE MILLION FIVE
22 HUNDRED" and substitute" and substitute ""FIVE HUNDRED THOUSAND".".
23
24 Page 2 of the Finance report, strike line 20.
25
26 Page 2 of the Finance report, strike lines 21 through 23, and substitute:
27 "Page 39 of the bill, line 7, strike "DECEMBER 31, 2023," and
28 substitute "JUNE 30, 2024,".
29
30 Page 39 of the bill, lines 8 and 9, strike "JANUARY 1, 2024, BUT BEFORE
31 JANUARY 1, 2029." and substitute "JULY 1, 2024, BUT BEFORE JULY 1,
32 2028.".
33
34 Page 39 of the bill, lines 11 and 12, strike "JANUARY 1, 2029, BUT BEFORE
35 JUNE 30, 2032." and substitute "JULY 1, 2028, BUT BEFORE JULY 1,
36 2032.".".
37
38 Amend printed bill, page 67, after line 19 insert:
39 "(f) "QUALIFIED PURCHASER" MEANS A PERSON WHO IS A RESIDENT
40 OF THE STATE AND WHO HAS NOT PREVIOUSLY PURCHASED A QUALIFIED
41 ELECTRIC BICYCLE THAT WAS DISCOUNTED BY A QUALIFIED RETAILER
42 CLAIMING A TAX CREDIT ALLOWED BY THIS SECTION FOR THE RETAIL SALE
43 IN THE SAME INCOME TAX YEAR.".
44
45 Reletter succeeding paragraphs accordingly.
46
47 Page 68 of the bill, line 8, strike "EIGHT" and substitute "FIVE".
48
49 Page 68 of the bill, strike lines 10 and 11 and substitute "DURING THE
50 INCOME TAX YEAR TO A QUALIFIED PURCHASER.".
51
52 Page 68 of the bill, strike lines 13 and 14 and substitute "PURSUANT TO
53 THIS SECTION, THE QUALIFIED RETAILER SHALL PROVIDE TO THE QUALIFIED
54 PURCHASER".
55
56
1 Page 68 of the bill, line 17, strike "SEVEN HUNDRED" and substitute "FOUR
2 HUNDRED FIFTY".
3
4 Page 68 of the bill, line 19, strike "PURCHASER; AND" and substitute
5 "QUALIFIED PURCHASER.".
6
7 Page 68 of the bill, strike lines 20 through 22.
8
9 Page 68 of the bill, line 27, strike "ONE".
10
11 Page 69 of the bill, line 1, strike "HUNDRED" and substitute "FIFTY".
12
13 Page 69 of the bill, line 19, after "(a)" insert "(I)".
14
15 Page 70 of the bill, after line 3 insert:
16 "(II) THE OFFICE SHALL DEVELOP A PROCESS FOR PURCHASERS TO
17 REGISTER AS QUALIFIED PURCHASERS, THROUGH THE OFFICE AND PRIOR TO
18 PURCHASING A QUALIFIED ELECTRIC BICYCLE FROM A QUALIFIED
19 RETAILER, BY AFFIRMING THE PURCHASER'S RESIDENCY AND THAT THE
20 PURCHASER HAS NOT PREVIOUSLY PURCHASED A QUALIFIED ELECTRIC
21 BICYCLE THAT WAS DISCOUNTED PURSUANT TO THIS SECTION IN THE SAME
22 INCOME TAX YEAR. THE PROCESS MUST ALLOW FOR A QUALIFIED RETAILER
23 TO ACCESS QUALIFIED PURCHASER INFORMATION IN ORDER TO CONFIRM A
24 PURCHASER IS A QUALIFIED PURCHASER.".
25
26 Page 3 of the Finance report, after line 29, insert:
27 "Page 73 of the bill, strike lines 16 and 17 and substitute "TAX
2027 28 YEARS, AND THREE MILLION DOLLARS FOR INCOME TAX YEARS
29 THROUGH 2032.".".
30
31 Amend the Energy and Environment Committee Report, dated April 6,
32 2023, page 3, line 6, strike "2033,"." and substitute "2027,".".
33
34 Page 3 of the Energy and Environment report, line 9, strike "2033," and
35 substitute "2027,".
36
37 Page 3 of the Energy and Environment report, line 24, strike "2032-33,"."
38 and substitute "2026-27,".".
39
40 Amend printed bill, page 85, line 16, after "CREDITS" insert "AND A
41 TEMPORARY SPECIFIC OWNERSHIP TAX RATE REDUCTION FOR ELECTRIC
42 MEDIUM-DUTY AND HEAVY-DUTY TRUCKS THAT ARE PART OF A FLEET".
43
44 Page 85 of the bill, line 27, strike "2033." and substitute "2027.".
45
46 Page 5 of the Energy and Environment report, line 17, strike "The" and
47 substitute "EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (6)(b)(II) OF
48 THIS SECTION, the".
49
50 Page 5 of the Energy and Environment report, after line 20, insert:
51 "Page 92 of the bill, line 21, strike "Money" and substitute
52 "EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (7)(d) OF THIS SECTION,
53 money".".
54
55
1 Page 5 of the Energy and Environment report, after line 24, insert:
2 "Page 93 of the bill, line 11, strike "The" and substitute "EXCEPT
3 AS OTHERWISE PROVIDED IN SUBSECTION (2)(a)(II) OF THIS SECTION,
4 the".".
5
6 Page 94 of the bill, lines 25 and 26, strike "SALES AND USE TAX
7 EXEMPTION" and substitute "SPECIFIC OWNERSHIP TAX RATE REDUCTION".
8
9 Page 94 of the bill, line 27, strike "39-26-719 (3)(c)." and substitute
10 "42-3-107 (1)(a)(IV).".
11
12 Page 5 of the Finance report, strike lines 17 and 18 and substitute:
13 "Page 6 of the Energy and Environment report, line 21, strike
14 "JULY 1, 2033" and substitute "JUNE 30, 2024, JUNE 30, 2025, AND JUNE
15 30, 2026,".
16
17 Page 6, of the Energy and Environment report, line 22, strike "FUND." and
18 substitute "FUND; EXCEPT THAT THE BALANCE OF MONEY REMAINING IN
19 THE FUND NOT INCLUDING EXPENDED AND ENCUMBERED MONEY SHALL
20 NOT BE LESS THAN ONE HUNDRED THOUSAND DOLLARS.".".
21
22 Page 7 of the Energy and Environment report, line 5, strike ""AND" and
23 substitute ""AND, SUBJECT TO ANNUAL APPROPRIATION,".
24
25 Page 6 of the Finance report, strike line 1 and substitute:
26
27 "WHICH A CREDIT WAS ALLOWED BY THOSE SECTIONS.".
28
29 "Page 97 of the bill, after line 2 insert:
30
31 "SECTION 27. Appropriation. (1) For the 2023-24 state fiscal
32 year, $149,729 is appropriated to the department of revenue. Of this
33 amount, $129,479 is from the electrifying school buses grant program
34 cash fund created in section 25-7-1405 (1)(a), C.R.S., $11,250 is from the
35 community access to electric bicycles cash fund created in section 24-
36 38.5-506 (1)(a), C.R.S., $4,500 is from the geothermal energy grant fund
37 created in section 24-38.5-118 (7)(a)(I), C.R.S., and $4,500 is from the
38 industrial and manufacturing operations clean air program grant program
39 cash fund created in section 24-38.5-116 (6)(a)(I), C.R.S. To implement
40 this act, the department may use this appropriation as follows:
41 (a) $6,328 for administration and support related to the executive
42 director's office, which amount is based on an assumption that the
43 division will require an additional 0.1 FTE;
44 (b) $56,250 for tax administration IT system (GenTax) support
45 related to administration;
46 (c) $3,200 for personal services related to taxation services;
47 (d) $19,040 for DRIVES maintenance and support;
48 (e) $990 for operating expenses related to vehicle services; and
49 (f) $63,921 for the purchase of document managent services.
50 (2) For the 2023-24 state fiscal year, $63,921 is appropriated to
51 the department of personnel. This appropriation is from reappropriated
52 funds received from the department of revenue under subsection (1)(f) of
53 this section. To implement this act, the department of personnel may use
54 this appropriation to provide document management services for the
55 department of revenue.".
56
1 Renumber succeeding section accordingly.".
2
3 Page 6 of the Finance Committee Report, before line 2 insert:
4
5 "Page 7 of the Energy and Environment Committee Report, line 11, strike
6 "FUND." and substitute "FUND; AND MAKING AN APPROPRIATION.".".
7
8 Page 6 of the Finance Committee Report, strike line 8 and substitute "AND
9 HEAVY-DUTY TRUCKS;".".
10
11
House Journal, April 21
50 Amendment No. 1, Appropriations Report, dated April 21, 2023, and
51 placed in member's bill file; Report also printed in House Journal,
52 April 21, 2023.
53
54 Amendment No. 2, Finance Report, dated April 13, 2023, and placed in
55 member's bill file; Report also printed in House Journal, April 14, 2023.
1 Amendment No. 3, Energy & Environment Report, dated April 6, 2023,
2 and placed in member's bill file; Report also printed in House Journal,
3 April 10, 2023.
4
5 Amendment No. 4, by Representative Weissman:
6
7 Amend the Appropriations Committee Report, dated April 21, 2023, page
8 1, after line 2 insert:
9
10 "Page 2 of the Finance report, strike lines 1 and 2.".
11
12
13 Amendment No. 5, by Representative Weissman:
14
15 Amend printed bill, page 56, strike lines 23 through 26 and substitute
16 "TEMPERATURES; EXCEPT THAT ANY SOURCE OF THERMAL ENERGY FOR
17 THIS PURPOSE MUST:
18 (A) NOT CAUSE INCREMENTAL GREENHOUSE GAS EMISSIONS OR
19 RELY ON INCREASED, LONG-TERM COMBUSTION OF FOSSIL FUELS; AND
20 (B) BE EVALUATED BY THE COMMISSION TO PROTECT AGAINST
21 INCREASED EMISSIONS OF HARMFUL CO-POLLUTANTS, NEGATIVE IMPACTS
22 TO COMMUNITIES INCLUDING TO DISPROPORTIONATELY IMPACTED
23 COMMUNITIES, AS DEFINED IN SECTION 24-4-109 (2)(b)(II), AND THE RISK
24 OF STRANDED ASSETS, IF THE THERMAL ENERGY IS FROM ANY INDUSTRIAL
25 SOURCE INCLUDING A SYSTEM FOR WHICH THE PRIMARY".
26
27 Page 57, strike lines 7 through 10 and substitute "THAT ARE NOT A
28 CAMPUS, AS DEFINED IN SECTION 40-4-121 (1)(a), AND THAT ASSISTS IN
29 REDUCING GREENHOUSE GAS EMISSIONS IN THE STATE;".
30
31 Page 57, line 13, strike "AMBIENT" and substitute "THE DESIRED
32 THERMAL".
33
34 Page 57, line 23, after "SOURCES" insert "OF THERMAL ENERGY".
35
36 Amendment No. 6, by Representative Weissman:
37
38 Amend printed bill, page 43, strike lines 3 through 6 and substitute:
39
40 "(III) THE USE OF ANY HEAT EXTRACTED WITH PRODUCED FLUIDS
41 IN AN OIL AND GAS OPERATION IF THE HEAT IS ONLY UTILIZED TO REDUCE
42 EMISSIONS FROM THE OPERATION IN THE SAME LOCATION AS THE WELL
43 FROM WHICH IT WAS PRODUCED AND WOULD OTHERWISE NOT BE
44 ECONOMICALLY FEASIBLE AS A STAND-ALONE GEOTHERMAL ENERGY
45 PROJECT;".
46
47 As amended, ordered engrossed and placed on the Calendar for Third
48 Reading and Final Passage.
49
Senate Journal, April 28
HB23-1272 by Representative(s) Weissman and Joseph; also Senator(s) Fenberg and Cutter--
Concerning tax policy that advances decarbonization, and, in connection therewith,
extending tax credits for the purchase or lease of electric vehicles; creating tax credits for
industrial facilities to implement greenhouse gas emissions reduction improvements, for
expenditures made in connection with geothermal energy projects, for production of
geothermal electricity generation, for the deployment of heat pump technology, for retail
sales of electric bicycles, and for construction of sustainable aviation fuel production
facilities; creating a temporary specific ownership tax rate reduction on a portion of the
sale of electric medium- and heavy-duty trucks; temporarily decreasing the severance tax
credit for oil and gas production, requiring the revenue that is attributable to the decrease be
deposited in the decarbonization tax credits administration cash fund, and creating the cash
fund; and making an appropriation.
Amendment No. 1, Finance Committee Amendment.
(Printed in Senate Journal, April 27, page(s) 1181-1182 and placed in members' bill files.)
Amendment No. 2(L.066), by Senator Fenberg.
Amend reengrossed bill, page 70, line 4, strike "PURCHASER." and substitute
"PURCHASER; EXCEPT THAT FOR THE INCOME TAX YEAR COMMENCING ON
JANUARY 1, 2024, THE CREDIT IS ALLOWED ONLY FOR RETAIL SALES MADE ON
OR AFTER APRIL 1, 2024, BUT ON OR BEFORE DECEMBER 31, 2024.".
Amendment No. 3(L.067), by Senator Fenberg.
Amend reengrossed bill, page 70, line 12, after "PURCHASER." add "EXCEPT AS
OTHERWISE PROVIDED IN SUBSECTION (4)(a)(II) OF THIS SECTION, THE
QUALIFIED RETAILER SHALL, AT THE TIME OF THE RETAIL SALE, COLLECT FROM
A PURCHASER AN AFFIDAVIT ON FORMS PRESCRIBED BY THE OFFICE AFFIRMING
THAT THE PURCHASER IS A QUALIFIED PURCHASER.".
Page 70, line 27, after "REQUIRE." add "THE QUALIFIED RETAILER SHALL SUBMIT
WITH THE QUARTERLY REPORT REQUIRED BY THIS SUBSECTION (3)(e)(I) THE
AFFIDAVITS FROM QUALIFIED PURCHASERS THAT THE QUALIFIED RETAILER IS
REQUIRED TO COLLECT PURSUANT TO SUBSECTION (3)(b) OF THIS SECTION AND
THE OFFICE SHALL INSPECT THE AFFIDAVITS TO DETERMINE THAT RETAIL SALES
HAVE BEEN MADE TO QUALIFIED PURCHASERS.".
Page 71, line 22, strike "THE OFFICE SHALL DEVELOP A PROCESS" and substitute
"IF ON OR BEFORE JUNE 30, 2025, THE OFFICE DETERMINES, IN CONNECTION
WITH ITS INSPECTION OF THE AFFIDAVITS REQUIRED PURSUANT TO SUBSECTION
(3)(b) OF THIS SECTION, THAT A REGISTRATION PROCESS IS NEEDED AND WOULD
BE COST EFFECTIVE IN CURTAILING FRAUD OR ABUSE RELATED TO CLAIMING THE
CREDIT ALLOWED UNDER THIS SECTION, THE OFFICE SHALL DEVELOP A PROCESS
IN LIEU OF THE AFFIDAVITS".
Page 72, line 25, strike "SECTION" and substitute "SECTION, THE DISCOUNT
REQUIRED PURSUANT TO SUBSECTION (3)(b) OF THIS SECTION, AND THE
ADMINISTRATIVE FEE ALLOWED PURSUANT TO SUBSECTION (3)(d) OF THIS
SECTION".
Page 72, after line 27 insert:
"(7) THE OFFICE SHALL PROVIDE TECHNICAL ASSISTANCE TO ENSURE
THAT QUALIFIED RETAILERS HAVE ACCESS TO LOW-COST FINANCING TO SUPPORT
THEM IN CLAIMING THE CREDIT ALLOWED UNDER THIS SECTION.".
Renumber succeeding subsection accordingly.
As amended, ordered revised and placed on the calendar for third reading and final
passage.