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CBB17976743625458725828000712E39 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1298

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date May 1, 2018      
Location SCR 357



HB18-1298 - Postponed Indefinitely


02:36:15 PM  

Senators Donovan and Todd, co-prime sponsors, presented House Bill 18-1298. The bill establishes the Colorado Secure Savings Plan Board in the Office of the Governor to study the feasibility of creating a retirement savings plan and other approaches to increase the amount of retirement savings by Colorado's private sector workers.

02:43:27 PM  
Rich Jones, representing the Bell Policy Center, testified in support of the bill.
02:43:56 PM  
Demetrius Johnson, representing the NAACP Rocky Mountain Region, testified in support of the bill.
02:47:15 PM  
Phil Steckley, representing AARP, testified in support of the bill.
02:49:41 PM  
Bre Andrews, representing the Colorado AFL-CIO, testified in support of the bill.
02:53:41 PM  

Hunter Railey, representing Small Business Majority, testified in support of the bill.

02:57:44 PM  

Blake Manion, representing Good Business Colorado, testified in support of the bill. He distributed a written copy of his testimony [Attachment D].

02:58:46 PM  
Rita Fitzpatrick, representing herself, testified in support of the bill.
03:01:07 PM  
Christina Johnson, representing the Colorado Senior Lobby, testified in support of the bill.
03:03:25 PM  
Emily Ibach, representing the Colorado Farm Bureau, testified in opposition to the bill.
03:05:12 PM  
Carl Larson, representing the Colorado Association of Insurance and Financial Advisors, testified in opposition to the bill.
03:07:40 PM  
Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill.
03:09:10 PM  
Tony Gagliardi, representing the National
Federation of Independent Business, testified in opposition to the bill.
 He responded to questions from the committee.
03:20:55 PM  

Francesca Maes, representing herself, testified in support of the bill.

03:21:43 PM  

Senators Donovan and Todd wrapped up their presentation of the bill and asked for a favorable recommendation.



03:28:47 PM
Motion Refer House Bill 18-1298 to the Committee of the Whole.
Moved Court
Seconded
Cooke No
Court Yes
Fenberg Yes
Sonnenberg No
Marble No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


03:29:18 PM
Motion Postpone House Bill 18-1298 indefinitely.
Moved Sonnenberg
Seconded
Cooke Yes
Court No
Fenberg No
Sonnenberg Yes
Marble Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details