Co-sponsors, Representatives Froelich and Joseph, introduced House Bill 25-1268 Utility On-Bill Repayment Program Financing. The bill creates a financing mechanism for energy efficiency and electrification measures using money from the Unclaimed Property Trust Fund.

The sponsors introduced amendments L.001 (Attachment F), L.002 (Attachment G), and L.003 (Attachment H).

The committee asked the sponsors questions on the bill.

Will Toor, representing Colorado Energy Office, testified in support of the bill. Mr. Brett Fleishman, representing Boulder County, testified in support of the bill. Rebecca Curry, representing Rewiring America, testified in support of the bill. Justin Brant, representing Southwest Energy Efficiency Project, testified in support of the bill. Ms. Kristin Stephens, representing Larimer County, testified in support of the bill.

Leah Marvin-Riley, representing Colorado Department of Treasury, testified to amend the bill. Alison Morgan, representing Colorado Bankers Association, testified to amend the bill. Ms. Clare Valentine, representing Western Resource Advocates, testified to amend the bill. Deb Erwin, representing Xcel Energy, testified to amend the bill. Brian Tanner, representing Colorado Association of Realtors, testified to amend the bill. Andy Helm, representing Land Title Association of Colorado, testified to amend the bill.

The committee asked the panel of witnesses questions.

Jan Rose, representing Colorado Coalition for a Livable Climate, testified in support of the bill. Ms. Carolyn Elam, representing City of Boulder, testified in support of the bill. Ms. Jeanne McQueenie, representing Eagle County, testified in support of the bill. Ean Tafoya, representing GreenLatinos, testified in support of the bill. Lauren Swain, representing PSR Colorado, testified in support of the bill.

Additional written testimony is included as Attachment I.

The sponsors discussed the amendments.

Jennifer Berman, Office of Legislative Legal Services, answered questions on amendment L.002.

The committee asked questions on amendment L.003.

The sponsors gave closing comments on the bill.

The committee gave closing comments on the bill.