CLICS/CLICS2023A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB23-090
HOUSE COMMITTEE ON JUDICIARY
Date Mar 1, 2023
Location HCR 0107
SB23-090 - Amended, referred to the Committee of the Whole
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02:55:36 PM |
Representative Snyder, prime sponsor, presented Senate Bill 23-090, concerning the enactment of the 2022 amendments to the "Uniform Commercial Code." Representative Snyder explained the effect of the bill and discussed its need. Representative Snyder responded to questions regarding the processes observed by the Uniform Law Commission.
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03:02:06 PM |
Ms. Anne McGihon, representing Colorado Uniform Law Commission, testified in support of the bill.
Mr. Steven Weise, representing Uniform Law Commission, testified in support of the bill.
Mr. Herrick Lidstone, representing Colorado Bar Association, testified to amend the bill. Discussion ensued regarding the impact of SB 23-090 on commercial record-keeping. Discussion followed regarding the definition of the term "person" in the bill for the purpose of business entities, and the bill's definition of the term "money.'
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03:27:13 PM |
Representative Snyder explained the effect of amendment L.003 (Attachment E).
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03:29:09 PM
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Motion |
Adopt amendment L.003 |
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| Moved |
Snyder |
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| Seconded |
Garcia |
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Armagost |
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Daugherty |
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Epps |
Excused |
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Evans |
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Garcia |
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Luck |
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Marshall |
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Sharbini |
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Snyder |
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Soper |
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Woodrow |
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Bacon |
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Weissman |
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YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
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03:29:11 PM |
Representative Snyder provided closing remarks in support of SB 23-090.
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03:31:13 PM
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Motion |
Refer Senate Bill 23-090, as amended, to the Committee of the Whole. |
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| Moved |
Snyder |
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| Seconded |
Soper |
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Armagost |
Yes |
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Daugherty |
Yes |
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Epps |
Excused |
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Evans |
Yes |
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Garcia |
Yes |
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Luck |
No |
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Marshall |
Yes |
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Sharbini |
Yes |
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Snyder |
Yes |
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Soper |
Yes |
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Woodrow |
Yes |
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Bacon |
Excused |
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Weissman |
Yes |
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Final |
YES: 10 NO: 1 EXC: 2 ABS: 0 FINAL ACTION: PASS |
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