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First Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For SB22-025

HOUSE COMMITTEE ON FINANCE
Date Apr 4, 2022       Location HCR 0112

SB22-025 - Amended, referred to House Appropriations
01:32:31 PM  
Representatives Bird and McCluskie, co-sponsors, presented Senate Bill 22-025. The bill requires a study be conducted on the use of security token offerings for financing state capital projects. They distributed amendment L.002 (Attachment A).
01:40:34 PM  
The sponsors responded to questions from the committee.
01:47:20 PM  

Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. He responded to questions from the committee.
02:06:53 PM  
Committee discussion with Treasurer Young continued.
02:10:35 PM  
Jason Gelender, representing the Office of Legislative Legal Services, came to the table to respond to committee questions.
02:17:57 PM  
Representative Benavidez discussed amendment L.002 with the sponsors and Mr. Gelender.

02:20:30 PM
 Motion Adopt amendment L.002 (Attachment A).
Moved Bird
Seconded Gray
Benavidez
Daugherty
Gray
Kipp
Luck
Rich
Sandridge
Soper
Tipper
Snyder
Bird
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
02:20:34 PM  
The sponsors provided closing remarks and asked for a favorable recommendation.  Members of the committee commented about their positions on the bill.

02:27:39 PM
 Motion Refer Senate Bill 22-025, as amended, to the Committee on Appropriations.
Moved Bird
Seconded Gray
Benavidez Yes
Daugherty Yes
Gray Yes
Kipp Yes
Luck No
Rich No
Sandridge No
Soper No
Tipper Yes
Snyder Yes
Bird Yes
Final YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS