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4619296404C8C38F872585030070E563 Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1044

HOUSE COMMITTEE ON FINANCE
Date Feb 3, 2020      
Location HCR 0112



HB20-1044 - Amended, referred to House Appropriations

01:33:11 PM  
Representatives Bird and Garnett presented House Bill 20-1044 to the committee, along with amendment L.001 (Attachment A) and a handout (Attachment B). The bill modifies various pension plans administered by the Fire and Police Pension Association (FPPA).
01:39:37 PM  
Kevin Bommer, representing the Colorado Municipal League, Luke Palmisano, representing the City of Aurora, and Kerry George, representing the City of Colorado Springs, testified in opposition to the bill.
01:46:40 PM  
The panel members responded to committee members' questions.
02:06:15 PM  
Mr. Bommer distributed a handout (Attachment C).
02:09:41 PM  
Kevin Lindahl, representing FPPA, testified in support of the bill and distributed a handout (Attachment D).
02:14:18 PM  

Hank Kim, representing the National Conference on Public Employee Retirement Systems, testified in support of the bill and distributed two handouts (Attachments E and F).

02:35:32 PM  
Mike Frainier, representing Colorado Professional Firefighters, testified in support of the bill.
02:36:05 PM  
Michael Valdez, representing the Special District Association, testified in support of the bill and distributed a handout (Attachment G).
02:38:34 PM  
Patrick Phelan, representing the FPPA Board of Directors, testified in support of the bill.
02:39:07 PM  
Don Lombardi, representing the Colorado State Fire Chiefs, testified in support of the bill.
02:40:24 PM  
The panel members responded to committee members' questions.
02:44:58 PM  
Representatives Garnett and Bird explained amendment L.001 (Attachment A).


02:46:59 PM
Motion Adopt amendment L.001
Moved Bird
Seconded Kraft-Tharp
Benavidez
Bockenfeld
Gray
Kraft-Tharp
Rich
Sandridge
Snyder
Sullivan
Bird
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:58:26 PM
Motion Refer House Bill 20-1044, as amended, to the Committee on Appropriations.
Moved Bird
Seconded Kraft-Tharp
Benavidez No
Bockenfeld No
Gray Yes
Kraft-Tharp Yes
Rich No
Sandridge No
Snyder Yes
Sullivan Yes
Bird Yes
Herod Yes
Final YES: 6   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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