CLICS/CLICS2020A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB20-146
SENATE COMMITTEE ON FINANCE
Date Feb 13, 2020
Location SCR 357
SB20-146 - Amended, referred to the Committee of the Whole - Consent Calendar
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01:03:02 PM |
Senator Priola introduced Senate Bill 20-146.
The bill repeals and reenacts a portion of the Unclaimed Property
Act with modifications related to the presumption of abandonment for demand,
savings, or time deposits with a financial organization, along with other
changes. Senator Priola distributed amendment L.001 (Attachment
D).
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01:06:45 PM |
Jenifer Waller, Colorado Bankers Association, testified in support of the bill.
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01:07:57 PM |
Zack Bunney, FirstBank, testified in support of the bill.
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01:09:03 PM |
Leah Marvin-Riley, Department of Treasury, testified in support of the bill. She explained amendment L.001.
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01:11:37 PM
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Motion |
Adopt amendment L.001 |
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| Moved |
Hansen |
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| Seconded |
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Hansen |
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Lundeen |
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Tate |
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Todd |
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Woodward |
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Lee |
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Gonzales |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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01:12:37 PM
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Motion |
Refer Senate Bill 20-146, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. |
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| Moved |
Hansen |
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| Seconded |
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Hansen |
Yes |
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Lundeen |
Yes |
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Tate |
Excused |
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Todd |
Yes |
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Woodward |
Yes |
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Lee |
Yes |
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Gonzales |
Yes |
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Final |
YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
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