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PUBLIC
BILL SUMMARY For SB21-162

SENATE COMMITTEE ON JUDICIARY
Date Mar 25, 2021       Location Old Supreme Court

SB21-162 - Amended, referred to the Committee of the Whole - Consent Calendar


04:39:04 PM  

Senator Gardner, bill sponsor, explained Senate Bill 21-162, concerning spendthrift provisions in trusts pursuant to the "Colorado Uniform Turst Code".

04:43:23 PM  

Mr. Stephen Brainerd, representing Colorado Bar Association, made himself available to answer committee questions. He answered questions about creditors' rights and trusts.

 

Ms. Darla Daniel, representing Colorado Bar Association, testified in support of the bill.

04:49:09 PM  

Kevin Nimond, Department of Human Services,made himself available for questions.

04:52:12 PM  

Senator Gardner presented and explained Amendment L..001 which changes effective date (Attachment D). 


04:52:33 PM
Motion Adopt amendment L.001 (Attachment D)
Moved Gardner
Seconded
Cooke
Gardner
Rodriguez
Gonzales
Lee
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:52:55 PM  

Senator Gardner made closing remarks. 


04:53:32 PM
Motion Refer Senate Bill 21-162, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Gardner
Seconded
Cooke Yes
Gardner Yes
Rodriguez Yes
Gonzales Yes
Lee Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS