CLICS/CLICS2021A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB21-171
HOUSE COMMITTEE ON JUDICIARY
Date May 4, 2021
Location Old State Library
SB21-171 - Referred to the Committee of the Whole
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02:56:56 PM |
Representatives Snyder and Soper, prime sponsors, presented Senate Bill 21-171, concerning the "Uniform Fiduciary Income and Principal Act". Representative Snyder explained the effect of the bill and discussed its need. Representative Soper provided further input on the effect of the bill.
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03:00:57 PM |
Georgine Kryda, representing the Colorado Bar Association, testified in support of SB 21-171.
Stan Kent, representing the Colorado Bar Association, testified in support of the bill.
Mr. Kent responded to questions regarding what constitutes an insubstantial distribution by a fiduciary under the bill.
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03:10:33 PM |
No amendments were offered to Senate Bill 21-171. Representatives Snyder and Soper provided closing remarks in support of the bill.
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03:13:35 PM
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Motion |
Refer Senate Bill 21-171 to the Committee of the Whole. |
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| Moved |
Tipper |
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| Seconded |
Roberts |
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Bacon |
Yes |
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Benavidez |
Yes |
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Bockenfeld |
Yes |
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Carver |
Yes |
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Daugherty |
Yes |
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Luck |
Yes |
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Lynch |
Yes |
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Roberts |
Yes |
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Woodrow |
Yes |
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Tipper |
Yes |
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Weissman |
Yes |
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Final |
YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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