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AEF3D5E86BA070058725850D006E21CB Hearing Summary




PUBLIC
BILL SUMMARY For SB20-146

SENATE COMMITTEE ON FINANCE
Date Feb 13, 2020      
Location SCR 357



SB20-146 - Amended, referred to the Committee of the Whole - Consent Calendar


01:03:02 PM  
Senator Priola introduced Senate Bill 20-146.
 The bill repeals and reenacts a portion of the Unclaimed Property
Act with modifications related to the presumption of abandonment for demand,
savings, or time deposits with a financial organization, along with other
changes.   Senator Priola distributed amendment L.001 (Attachment
D).
01:06:45 PM  
Jenifer Waller, Colorado Bankers Association, testified in support of the bill.
01:07:57 PM  

Zack Bunney, FirstBank, testified in support of the bill.

01:09:03 PM  
Leah Marvin-Riley, Department of Treasury, testified in support of the bill. She explained amendment L.001.


01:11:37 PM
Motion Adopt amendment L.001
Moved Hansen
Seconded
Hansen
Lundeen
Tate
Todd
Woodward
Lee
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


01:12:37 PM
Motion Refer Senate Bill 20-146, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hansen
Seconded
Hansen Yes
Lundeen Yes
Tate Excused
Todd Yes
Woodward Yes
Lee Yes
Gonzales Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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