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Second Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For HB26-1311

SENATE COMMITTEE ON FINANCE
Date Mar 31, 2026       Location SCR 357

HB26-1311 - Referred to the Committee of the Whole
04:36:09 PM  
Sens. Bright and Snyder introduced House Bill 26-1311. The bill allows construction contractors and subcontractors to submit bonds in lieu of retainage under certain conditions.
04:49:04 PM  
Tom Patton, representing the American Subcontractors Association, testified in support of the bill. Mr. Luke Miller, representing themself, testified in support of the bill. Mr. Steve Hathaway, representing Native Sun Construction, Inc., testified in support of the bill. Ale Spray, representing the Hispanic Contractors of Colorado, testified in support of the bill. Mr. Tony Milo, representing Colorado Contractors Association, testified in support of the bill. The witnesses answered several committee questions.
05:11:24 PM  
Mr. Tyler Carlson, representing NAIOP / ICSC, testified in opposition to the bill. Ted Leighty, representing the Colorado Association of Home Builders, testified to amend the bill.
05:24:39 PM  
Tom Peterson, representing the Colorado Asphalt Pavement Assn, testified in support of the bill. Rob Slauson, representing themself, testified in support of the bill. Jessica Richards, representing themself, testified in support of the bill. Mrs. Christine Barnes, representing the National Utility Contractors Association of Colorado, testified in support of the bill.
05:34:25 PM  
The sponsors gave some closing remarks.

05:44:31 PM
 Motion Refer House Bill 26-1311 to the Committee of the Whole.
Moved Bright
Seconded
Benavidez Yes
Bright Yes
Frizell Yes
Kolker Yes
Mullica Yes
Simpson Yes
Snyder Yes
Coleman Excused
Kipp Yes
Final YES: 8   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS