CLICS/CLICS2020A/commsumm.nsfPUBLIC
BILL SUMMARY For HB20-1286
SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date Jun 8, 2020
Location Old Supreme Court Chamber
HB20-1286 - Referred to Senate Appropriations
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08:12:26 PM |
Senators Cooke and Story, bill sponsors, presented House Bill 20-1286. The bill continues the regulation of fantasy contests operators for seven years, through September 1, 2027, and implements the recommendations in the sunset report. Specifically, the bill:
- transfers regulatory authority from the Division of Professions and Occupations in the Department of Regulatory Agencies (DORA) to the Division of Gaming in the Department of Revenue (DOR); and
- requires small fantasy contest operators complete annual audits by an independent third party and submit the results to the DOR.
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08:15:14 PM |
Pete Kirchhof, representing DraftKings and FanDuel, testified in support of the bill.
Written testimony submitted for House Bill 20-1286 my be found in Attachment A.
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08:17:00 PM
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Motion |
Refer House Bill 20-1286 to the Committee on Appropriations. |
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| Moved |
Fields |
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| Seconded |
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Hill |
Yes |
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Sonnenberg |
Yes |
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Story |
Yes |
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Fields |
Yes |
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Foote |
Yes |
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Final |
YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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