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615A8E4FC50933CB872583D20059FA3E Hearing Summary




PUBLIC
BILL SUMMARY For HB19-1217

SENATE COMMITTEE ON FINANCE
Date Apr 4, 2019      
Location SCR 357



HB19-1217 - Referred to the Committee of the Whole


10:22:49 AM  

Senator Court, bill sponsor, introduced House Bill 19-1217.  The bill eliminates the member contribution increase to the Public Employees' Retirement Association (PERA) for local government employees.  Senator Tate, bill sponsor, also commented.

10:26:32 AM  

Ron Baker, PERA, explained the intent and impact of the bill.  Mr. Baker responded to questions from the committee regarding the impact on other PERA divisions, PERA's involvement in the negotiation process for Senate Bill 18-200, concerns with the bill, and other pension programs.

10:36:42 AM  

Mr. Baker responded to further questions from the committee regarding the size of the local government division, impacts on retirees, and impact on the auto-adjust if the bill does not pass.  Senator Court also commented.

10:44:59 AM  

Mr. Baker and Senator Court responded to a further question from the committee regarding feedback received by PERA on the bill.

10:47:34 AM  

Kevin Bommer, Colorado Municipal League, testified in support of the bill.

10:53:45 AM  

Bob Eichem, City of Boulder, testified in support of the bill.

10:55:52 AM  

Mark Ruzzin, Boulder County Commissioners' Office, testified in support of the bill.

10:58:40 AM  

Evan Goulding, Special District Association of Colorado, testified in support of the bill.  Mr. Goulding responded to a question from the committee regarding the number of special districts in Colorado.

11:00:02 AM  

Mr. Bommer and Mr. Ruzzin responded to a question from the committee regarding unfunded liabilities.

11:05:59 AM  

The committee recessed.

11:07:14 AM  

The committee reconvened.



11:07:51 AM
Motion Refer House Bill 19-1217 to the Committee of the Whole.
Moved Court
Seconded
Gonzales Yes
Lundeen No
Tate Yes
Todd Yes
Woodward No
Lee Yes
Court Yes
Final YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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