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63999E875983AF64872583970070C0BB Hearing Summary




PUBLIC
BILL SUMMARY For SB19-086

SENATE COMMITTEE ON JUDICIARY
Date Feb 4, 2019      
Location SCR 352



SB19-086 - Amended, referred to Senate Appropriations


01:31:35 PM  

Senator Lee explained SB19-086, concerning updates to the laws governing business entities.  

Herrick Lidstone, representing the Colorado Bar Association, spoke in favor of the bill.  He explained the basis for the bill, the committees that worked on it, and the process involved. 

Mark Loewenstein, representing the Colorado Bar Association, testified in support of the bill.  He discussed the benefits of the bill, one of which combines two sections of law into one. He also explained that the bill incorporates a judge-made law.   

01:41:08 PM  

Senator Lee distributed and discussed Amendment L.001 (Attachment A),   Mr. Lidstone further explained that the amendment fixes a typographical error and broadens certain definitions. 



01:43:50 PM
Motion Adopt amendment L.001
Moved Lee
Seconded
Cooke
Gardner Excused
Rodriguez
Gonzales
Lee
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection


01:44:32 PM
Motion Refer Senate Bill 19-086, as amended, to the Committee on Appropriations.
Moved Lee
Seconded
Cooke Yes
Gardner Excused
Rodriguez Yes
Gonzales Yes
Lee Yes
Final YES: 4   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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