Amendments for SB24-190
Senate Journal, April 10
After consideration on the merits, the Committee recommends that SB24-190 be amended
as follows, and as so amended, be referred to the Committee on Appropriations with
favorable recommendation.
Amend printed bill, page 17, after line 19 insert:
"(11) Insufficient taxpayer interest. NOTWITHSTANDING ANY LAW TO
THE CONTRARY, FOR CALENDAR YEARS BEGINNING ON OR AFTER JANUARY 1,
2031, THE OFFICE MAY DETERMINE THAT THERE IS INSUFFICIENT TAXPAYER
INTEREST TO CONTINUE OFFERING THE TAX CREDIT PURSUANT TO THIS SECTION.
AFTER THE OFFICE MAKES SUCH A DETERMINATION, IT SHALL NOT ACCEPT ANY
MORE APPLICATIONS FOR TAX CREDITS PURSUANT TO THIS SECTION AND IT
SHALL INFORM THE DEPARTMENT THAT IT HAS DISCONTINUED THE CREDIT.".
Renumber succeeding subsection accordingly.
Page 18, strike lines 13 and 14 and substitute:
"(a) "COAL TRANSITION COMMUNITY" MEANS A TIER ONE TRANSITION
COMMUNITY AS DEFINED IN SECTION 8-83-502 (10).".
Page 18, line 25, strike "2034." and substitute "2038.".
Page 19, line 5, after "DEPARTMENT" insert "OF TRANSPORTATION".
Page 20, line 7, after "SECTION," insert "AND SUBJECT TO THE LIMITATIONS SET
FORTH IN SUBSECTION (5) OF THIS SECTION,".
Page 22, after line 5 insert:
"(d) IF, PURSUANT TO SECTION 39-22-560 (11), THE COLORADO OFFICE
OF ECONOMIC DEVELOPMENT DETERMINES THAT THERE IS INSUFFICIENT
INTEREST IN THE TAX CREDIT OFFERED PURSUANT TO SECTION 39-22-560, THE
AGGREGATE AMOUNT OF ALL TAX CREDIT CERTIFICATES THAT THE DEPARTMENT
OF TRANSPORTATION MAY ISSUE IS INCREASED BY FIVE MILLION DOLLARS FOR
EACH OF THE FOLLOWING CALENDAR YEARS THROUGH CALENDAR YEAR 2037.".
Page 23, line 16, strike "ADJUDICATE" and substitute "RESOLVE".
Finance
Senate Journal, April 16
After consideration on the merits, the Committee recommends that SB24-190 be amended
as follows, and as so amended, be referred to the Committee of the Whole with favorable
recommendation and with a recommendation that it be placed on the Consent Calendar.
Amend printed bill, page 26, after line 5 insert:
"SECTION 8 Appropriation. For the 2024-25 state fiscal year,
$215,021 is appropriated to office of the governor for use by the economic
development programs. This appropriation is from the general fund and is based
on an assumption that the office will require an additional 1.5 FTE. To
implement this act, the office may use this appropriation for the rural
opportunity office.".
Renumber succeeding section accordingly.
Page 1, line 112, strike "AND".
Page 2, line 101, strike "DISTRICT." and substitute "DISTRICT; AND MAKING AN
APPROPRIATION.".
Senate Journal, April 18
SB24-190 by Senator(s) Roberts, Will, Winter F.; also Representative(s) Lukens and McCluskie,
Amabile, Catlin, McLachlan, Soper, Titone, Velasco--Concerning economic measures
related to coal transition communities, and, in connection therewith, creating an income tax
credit for qualified costs incurred in the use of certain freight rail lines; creating an income
tax credit for qualified costs incurred in the maintenance, operation, and improvement of
certain rail lines; expanding the rural opportunity office's duties in relation to coal transition
communities; allowing coal transition communities to qualify as enterprise zones and
enhanced rural enterprise zones; restricting the length of contracts that allow use of the
Moffat tunnel; restricting the ability to purchase real property interests of the Moffat tunnel
improvement district; and making an appropriation.
Amendment No. 1, Finance Committee Amendment.
(Printed in Senate Journal, April 10, page(s) 783 and placed in members' bill files.)
Amendment No. 2, Appropriations Committee Amendment.
(Printed in Senate Journal, April 16, page(s) 884 and placed in members' bill files.)
Amendment No. 3(L.008), by Senator Roberts.
Amend printed bill, page 6, line 15, after "INDUSTRY," insert "AN EMPLOYEE
ORGANIZATION REPRESENTING RAIL WORKERS,".
Amendment No. 4(L.009), by Senator Roberts.
Amend printed bill, page 13, line 3, strike "RECRUITMENT." and substitute
"RECRUITMENT AND EXPANSION.".
As amended, ordered engrossed and placed on the calendar for third reading and final
passage.