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PUBLIC
BILL SUMMARY For HB25-1268

SENATE COMMITTEE ON FINANCE
Date Apr 29, 2025       Location SCR 357

HB25-1268 - Amended, referred to Senate Appropriations


04:27:07 PM  
Senators Winter and Mullica introduced House Bill 25-1268. The bill creates a financing mechanism for energy efficiency and electrification measures using money from the Unclaimed Property Trust Fund.
04:30:21 PM  
Written testimony may be found in Attachment F.
04:31:26 PM  
Patrick Murphy, representing Xcel Energy, testified to amend the bill. Natalie Menten, representing themself, testified in opposition to the bill. Leah Marvin-Riley, representing the Colorado Department of Treasury, testified in a neutral position on the bill.
04:47:45 PM  
Ms. Karen Kalavity, representing themself, testified in support of the bill. Mr. Will Toor, representing the Colorado Energy Office, testified in support of the bill. Rebecca Curry, representing Rewiring America, testified in support of the bill. Carolyn Elam, representing the City of Boulder, testified in support of the bill. The witnesses answered several committee questions.
04:49:12 PM  
Mr. Matt Bishop, Legislative Council Staff, came to the table to answer questions related the fiscal note and the TABOR revenue cap forecast.
05:11:00 PM  
Committee discussion with the witnesses continued.
05:20:35 PM  
Mr. Brett Fleishman, representing Boulder County, testified in support of the bill. Mr. Bridger Tomlin, representing Colorado Communities for Climate Action and Westminster, testified in support of the bill. Lauren Coyne, representing themself, testified in support of the bill. Mr. Brian Loma, representing Green Latinos, testified in support of the bill. Heidi Leathwood, representing 350 Colorado, testified in support of the bill.

05:33:45 PM
Motion Adopt amendment L.021 (Attachment G)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Mullica
Rodriguez
Simpson
Snyder
Winter F.
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

05:34:05 PM
Motion Adopt amendment L.022 (Attachment H)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Mullica
Rodriguez
Simpson
Snyder
Winter F.
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

05:34:26 PM
Motion Adopt amendment L.023 (Attachment I)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Mullica
Rodriguez
Simpson
Snyder
Winter F.
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

05:34:49 PM
Motion Adopt amendment L.024 (Attachment J)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Mullica
Rodriguez
Simpson
Snyder
Winter F.
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
05:34:50 PM  
The sponsors made some closing remarks.

05:38:04 PM
Motion Refer House Bill 25-1268, as amended, to the Committee on Appropriations.
Moved Mullica
Seconded
Bright No
Frizell No
Gonzales J. No
Mullica Yes
Rodriguez Yes
Simpson No
Snyder Yes
Winter F. Yes
Kipp Yes
Final YES: 5   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS