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S_BLT_2019A 02/20/2019 01:39:40 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date 02/20/2019
Attendance
Priola X
Story X
Tate X
Donovan X
Williams A. X
X = Present, E = Excused, A = Absent, * = Present after roll call
Time 01:39:40 PM to 02:49:19 PM
Place SCR 354
This Meeting was called to order by Senator Williams A.
This Report was prepared by Jeanette Chapman
Hearing Items Action Taken
Consideration of sponsors to draft bill for the state Electrical Board Sunset Review Favorably Refer to Full Senate
SB19-088 Amended, referred to the Committee of the Whole

Consideration of sponsors to draft bill for the state Electrical Board Sunset Review - Favorably Refer to Full Senate


01:39:55 PM  
Senator Williams asked the committee to
change the sponsor of the draft bill for the Electrical Board sunset review
from Senators Tate and Priola to Senator Rodriguez.



01:40:45 PM
Motion Change the prime sponsor of the draft bill for the State Electrical Board Sunset from Senators Tate and Priola to Senator Rodriguez
Moved Williams A.
Seconded
Priola Yes
Story Yes
Tate Yes
Donovan Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB19-088 - Amended, referred to the Committee of the Whole

01:40:53 PM  
Senator Gardner introduced Senate Bill
19-088, concerning the Revised Uniform Unclaimed Property Act (RUUPA).
 The bill enacts the RUUPA with Colorado-specific amendments.  He
introduced former Representative Clair Levy who is a member of the Colorado
Commission on Uniform State Laws.
01:43:01 PM  
Claire Levy, Colorado Commission on Uniform
State Laws, discussed the role of the commission and the purpose of the
bill.  She provided two handouts to the committee (Attachments A &
B).
01:50:30 PM  
Senator Gardner discussed potential amendments. He provided a handout to the committee (Attachment C).
01:51:32 PM  
Commissioner Levy discussed Amendments L.002 (D), L.003 (E), L.004 (F), L.005 (G), L.006 (H), and L.009 (I).
02:01:45 PM  
Bianca Gardelli, Unclaimed Property Division, Department of Treasury, spoke in favor of the bill.
02:05:18 PM  
Peter Gunn, Department of Treasury, spoke in favor of the bill.
02:06:12 PM  
Garth Farrend, Unclaimed Property Division,
Department of Treasury, spoke in favor of the bill.  He responded
to questions from the committee.
02:08:37 PM  
Michael Lovendusky, American Council of
Life Insurers, discussed Amendments L.003 and L.004.  He provided
a handout to the committee (Attachment J).  Mr. Lovendusky responded
to questions from the sponsor and members of the committee.


02:24:54 PM
Motion Adopt amendment L.002
Moved Tate
Seconded
Priola
Story
Tate
Donovan
Williams A.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
02:25:45 PM  
Senator Gardner made comments on Amendment L.003.
02:26:03 PM  
Commissioner Levy responded to questions from the committee.


02:42:10 PM
Motion Adopt amendment L.003
Moved Williams A.
Seconded
Priola Yes
Story No
Tate Yes
Donovan No
Williams A. No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


02:42:46 PM
Motion Adopt amendment L.004
Moved Williams A.
Seconded
Priola Yes
Story No
Tate Yes
Donovan No
Williams A. Yes
YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:43:09 PM
Motion Adopt amendment L.005
Moved Tate
Seconded
Priola
Story
Tate
Donovan
Williams A.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:43:42 PM
Motion Adopt amendment L.006
Moved Tate
Seconded
Priola No
Story Yes
Tate Yes
Donovan Yes
Williams A. Yes
YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS
02:45:40 PM  
Senator Gardner made comments on Amendment
L.009.


02:45:46 PM
Motion Adopt amendment L.009
Moved Story
Seconded
Priola No
Story Yes
Tate No
Donovan Yes
Williams A. Yes
YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS
02:46:03 PM  
Senator Gardner made closing comments on the merits of the bill.
02:48:11 PM  
Commissioner Levy made comments on the testimony and the merits of the bill.


02:49:01 PM
Motion Refer Senate Bill 19-088, as amended, to the Committee of the Whole.
Moved Story
Seconded
Priola Yes
Story Yes
Tate Yes
Donovan Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:49:19 PM   The committee adjourned.






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