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s_blt_2016a_2016-03-21t14:00:41z1 Hearing Summary

Date: 03/21/2016



Final

BILL SUMMARY for HB16-1270



SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY


Votes: View--> Action Taken:
Refer House Bill 16-1270 to the Committee of the W PASS







02:35 PM -- HB 16-1270



Senator Heath and Senator Scheffel introduced House Bill 16-1270 concerning security interest owner's interest in a business entity. The bill effectuates the "pick your partner" principle by allowing small businesses to control their ownership under the Colorado Corporation and Associations Act and the Uniform Commercial Code.



02:37 PM --
John McCabe, Colorado Bar Association, spoke about the bill.


BILL: HB16-1270
TIME: 02:39:28 PM
MOVED: Heath
MOTION: Refer House Bill 16-1270 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 9-0.
SECONDED:
VOTE
Baumgardner
Yes
Heath
Yes
Hodge
Yes
Jahn
Yes
Neville T.
Yes
Newell
Yes
Tate
Yes
Woods
Yes
Holbert
Yes
Final YES: 9 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS












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