Beth Martinez Humenik
- Republican
The bill permits the governing body of a municipality, as applicable, to provide in an urban renewal plan that the valuation attributable to the extraction of mineral resources located within the urban renewal area is not subject to the division of taxes between base and incremental revenues that accompanies the tax increment financing of urban renewal projects. In such circumstances, the taxes levied on the valuation will be distributed to the public bodies as if the urban renewal plan was not in effect. The bill defines the terms 'mineral resources' and 'valuation attributable to the extraction of mineral resources.' (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed - No Amendments
Senate Committee on Local Government Refer Unamended - Consent Calendar to Senate Committee of the Whole
Introduced In Senate - Assigned to Local Government
House Third Reading Passed - No Amendments
House Second Reading Passed with Amendments - Committee
House Committee on Finance Refer Unamended to House Committee of the Whole
House Committee on Local Government Refer Amended to Finance
Introduced In House - Assigned to Local Government + Finance
Bill Text Versions | Format |
---|---|
Committee Amendment | |
PA1 (01/20/2017) | |
Introduced (01/11/2017) | |
Engrossed (02/06/2017) | |
Reengrossed (02/07/2017) | |
Revised (02/24/2017) | |
Rerevised (02/27/2017) | |
Final Act (03/03/2017) | |
Signed Act (03/08/2017) |
Document | Format |
---|---|
Fiscal Note FN1 (01/13/2017) | |
Fiscal Note FN2 (07/10/2017) |
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