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C5DA0CFC2630B867872586D800730C70 Hearing Summary




PUBLIC
BILL SUMMARY For SB21-259

SENATE COMMITTEE ON FINANCE
Date May 17, 2021      
Location Old Supreme Court



SB21-259 - Referred to the Committee of the Whole


02:56:41 PM  
Sen. Rodriguez introduced Senate Bill 21-259. The bill is reduces the minimum nonforfeiture interest rate for individual deferred annuities from 1.0 percent to 0.15 percent to conform to a national standard.
03:01:43 PM  
Mr. Keith Mancini,
representing Empower Retirement, testified in support of the bill.  He
answered several committee questions.


03:10:24 PM
Motion Refer Senate Bill 21-259 to the Committee of the Whole.
Moved Bridges
Seconded
Hisey Yes
Lee Yes
Lundeen Yes
Scott Yes
Winter Yes
Bridges Yes
Pettersen Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






COVID-19 Resources
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