President Coleman and Minority Leader Simpson introduced Senate Bill 26-118. The bill requires financial institutions holding funds designated for a charitable organization upon the death of a donor to pay the funds to the charitable organization within a set timeframe.

Jack Murphy, representing the Colorado Nonprofit Association, testified in support of the bill. Theresa Garcia, representing Colorado Public Radio, testified in support of the bill. Alison Morgan, representing the Colorado Bankers Association, testified in support of the bill. Jon Kraus, representing the Independent Higher Education of Colorado (IHEC), University of Denver, testified in support of the bill.

Mrs. Ashleigh Leader, representing themself, testified in support of the bill. Ms. Naomi Amaha, representing The Denver Foundation, testified in support of the bill. Ms. Jessica Zeidman, representing Jewish Family Service of Colorado, testified in support of the bill. Jamie Mager, representing University of Colorado, testified in support of the bill. Written testimony may be found in Attachment A.