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E961864597E10A6287258C500079572B Hearing Summary




PUBLIC
BILL SUMMARY For HB25-1105

HOUSE COMMITTEE ON FINANCE
Date Mar 17, 2025      
Location HCR 0112



HB25-1105 - Amended, referred to House Appropriations

04:05:25 PM  
The committee took a brief recess.
04:06:21 PM  
The committee returned
to order.  Representatives Bacon and Camacho, co-prime sponsors, presented
House Bill 25-1105. The bill reduces the employer contribution rate for
the Denver Public Schools (DPS) Division of the Public Employees’ Retirement
Association from 10.4 percent to 7.4 percent of the member’s salary. The
bill sponsors provided a packet of information (Attachment H), amendment
L.001 (Attachment I), and amendment L.002 (Attachment J).
04:19:46 PM  
The bill sponsors responded to questions from the committee.
04:30:12 PM  
Mr. Andrew Roth, representing Colorado PERA, testified in opposition to the bill. Rob Gould, representing the Colorado Education Association, testified in support of the bill. Karen Wick, representing the Colorado Coalition for Retirement Security, testified to amend the bill. Chuck Carpenter, representing Denver Public Schools, testified in support of the bill. David Singer, representing University Prep Charter Schools and the Colorado League of Charter Schools, testified in support of the bill.
04:50:11 PM  
The panel of witnesses responded to questions from the committee.


05:08:41 PM
 Motion Adopt amendment L.001 (Attachment I).
Moved Camacho
Seconded Stewart R.
Bradfield
Brooks
Camacho
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:09:15 PM
 Motion Adopt amendment L.002 (Attachment J).
Moved Camacho
Seconded Gonzalez R.
Bradfield
Brooks
Camacho
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
05:12:32 PM  
The bill sponsors provided closing remarks and asked for a favorable recommendation. Members of the committee commented on their positions on the bill.


05:20:06 PM
 Motion Refer House Bill 25-1105, as amended, to the Committee on Appropriations.
Moved Camacho
Seconded Zokaie
Bradfield Yes
Brooks Yes
Camacho Yes
Garcia Yes
Gonzalez R. Yes
Hartsook Yes
Joseph Yes
Marshall No
Stewart R. Yes
Weinberg Yes
Zokaie Yes
Titone No
Lindstedt Yes
Final YES: 11   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS