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8917039BA15A3666872583980073C165 Hearing Summary




PUBLIC
BILL SUMMARY For SB19-105

SENATE COMMITTEE ON FINANCE
Date Feb 5, 2019      
Location SCR 357



SB19-105 - Referred to the Committee of the Whole - Consent Calendar


02:04:26 PM  

Senator Rodriguez, bill sponsor, introduced Senate Bill 19-105.  The bill would bring some Colorado laws related to directed trusts into alignment with national laws.  Senator Rodriguez distributed a handout with information on the Uniform Directed Trust Act from the Uniform Law Commission (Attachment A).

02:06:42 PM  

Mr. Kevin Millard, Mr. Stanley Kent, and Ms. Kelly Cooper, all representing the Colorado Bar Association, testified in support of the bill.  The witnesses responded to questions from the committee related to trust issues addressed by the bill.

02:17:20 PM  

Senator Rodriguez made closing comments on the bill.



02:18:32 PM
Motion Refer Senate Bill 19-105 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Tate
Seconded
Gonzales Yes
Lundeen Yes
Tate Yes
Todd Yes
Woodward Yes
Lee Yes
Court Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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