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78DE70EB77D9D72387258528007B6CBD Hearing Summary




PUBLIC
BILL SUMMARY For SB20-139

HOUSE COMMITTEE ON TRANSPORTATION & LOCAL GOVERNMENT
Date Mar 11, 2020      
Location LSB A



SB20-139 - Referred to the Committee of the Whole


04:28:11 PM  
Representative Gray, prime bill sponsor,
introduced Senate Bill 20-139, concerning authorization for a county to
lend money to a governmental entity created by or located in the county
to provide funding for public infrastructure projects within the county.

 The money must be legally available to loan and the repayment term
must be specified in the loan.  Interest on the loan must be paid,
equal to or greater than the rate of return on all county financial investments.
 Loan proceeds must be used solely for public infrastructure in the
county.
04:30:50 PM  
Paul Weissmann, representing the City of
Boulder, testified in support of the bill.
04:31:41 PM  
The witness responded to questions from the committee.
04:38:53 PM  
The bill sponsor made closing remarks.


04:41:52 PM
Motion Refer Senate Bill 20-139 to the Committee of the Whole.
Moved Gray
Seconded Valdez D.
Carver No
Catlin Yes
Froelich Yes
Hooton Yes
Humphrey No
Melton Yes
Valdez A. Yes
Valdez D. Yes
Wilson No
Exum Yes
Gray Yes
Final YES: 8   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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