The committee was called to order. A quorum was present. Senator Foote, prime sponsor, presented Senate Bill 20-139, concerning authorization for a county to lend money to a governmental entity created by or located within the county for the purpose of providing funding for public infrastructure projects within the county. Senator Foote explained the effect of the bill and discussed its need. He also discussed amendments L.010 (Attachment A) and L.011 (Attachment B). Senator Foote responded to questions regarding the source of funds for infrastructure projects under the bill, and the processes involved in approving infrastructure projects under the bill. Senator Foote responded to further questions regarding the position of Boulder County residents on the bill.