36DF476752904E9887258630006A9853 Hearing Summary

PUBLIC
BILL SUMMARY For SB20B-004

SENATE COMMITTEE ON FINANCE
Date Nov 30, 2020
Location Old Supreme Court

SB20B-004 - Amended, referred to Senate Appropriations

12:24:20 PM

Senator Moreno, bill
sponsor, explained SB20B-004, concerning
a transfer from the general fund to the controlled maintenance trust fund
of money that will be available to the governor for a limited time for
further transfer to the disaster emergency fund for public health and emergency
response expenses associated with the COVID-19 pandemic emergency.

Senator Moreno discussed the controlled maintenance trust fund, emergency
reserves, Federal Emergency Management Agency reimbursements, and the executive
order about the disaster emergency fund. He answered quesions about
legislative and executive authority and the federal reimbursement match.

Senator Moreno introduced and explained Amendment L. 001 and made closing
remarks.

12:36:55 PM	Motion	Adopt amendment L.001
	Moved	Moreno
	Seconded

	Bridges
	Lundeen
	Moreno
	Tate
	Woodward
	Hansen
	Gonzales
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

12:37:30 PM	Motion	Refer Senate Bill 20B-004, as amended, to the Committee on Appropriations.
	Moved	Moreno
	Seconded

	Bridges	Yes
	Lundeen	Yes
	Moreno	Yes
	Tate	Yes
	Woodward	Yes
	Hansen	Yes
	Gonzales	Yes
	Final	YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB20B-004 - Amended, referred to Senate Appropriations

Colorado General Assembly