22F265C7D3A07CD2872586A3007C6C01 Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For SB21-162SENATE COMMITTEE ON JUDICIARYDate Mar 25, 2021 Location Old Supreme Court SB21-162 - Amended, referred to the Committee of the Whole - Consent Calendar Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/ED903D1D02F4...$File/210325 AttachD.pdf?OpenElement 210325 AttachD.pdf 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