CLICS/CLICS2021A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB21-259
SENATE COMMITTEE ON FINANCE
Date May 17, 2021
Location Old Supreme Court
SB21-259 - Referred to the Committee of the Whole
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02:56:41 PM |
Sen. Rodriguez introduced Senate Bill 21-259. The bill is reduces the minimum nonforfeiture interest rate for individual deferred annuities from 1.0 percent to 0.15 percent to conform to a national standard. |
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03:01:43 PM |
Mr. Keith Mancini,
representing Empower Retirement, testified in support of the bill. He
answered several committee questions. |
03:10:24 PM
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Motion |
Refer Senate Bill 21-259 to the Committee of the Whole. |
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| Moved |
Bridges |
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| Seconded |
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Hisey |
Yes |
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Lee |
Yes |
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Lundeen |
Yes |
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Scott |
Yes |
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Winter |
Yes |
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Bridges |
Yes |
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Pettersen |
Yes |
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Final |
YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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