14AE004F7A2F5899872587E40071F98A Hearing Summary

PUBLIC
BILL SUMMARY For SB22-045

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Feb 9, 2022
Location SCR 352

SB22-045 - Referred to the Committee of the Whole

01:44:58 PM

The committee recessed
and came back to order. Senator Lee introduced Senate Bill 22-045, concerning
public benefit corporations. The
bill modifies certain provisions of the Public Benefit Corporation Act,
including requirements for conversion to or from a public benefit corporation
and clarifications of director duties.

01:53:50 PM

Herrick Lidstone,
representing the Colorado Bar Association, testified in support of the
bill.

02:07:40 PM

Mr. Lidstone responded to questions from the committee.

02:13:08 PM

Senator Lee made closing comments on the merits of the bill.

02:14:25 PM	Motion	Refer Senate Bill 22-045 to the Committee of the Whole.
	Moved	Coleman
	Seconded

	Kolker	Yes
	Liston	Yes
	Woodward	No
	Coleman	Yes
	Rodriguez	Yes
	Final	YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB22-045 - Referred to the Committee of the Whole

Colorado General Assembly