Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

EFCB6719EB994FDA8725851B007A1B46 Hearing Summary




PUBLIC
BILL SUMMARY For SB20-139

SENATE COMMITTEE ON LOCAL GOVERNMENT
Date Feb 27, 2020      
Location SCR 354



SB20-139 - Amended, referred to the Committee of the Whole


03:13:47 PM  

The committee was called to order. A quorum was present. Senator Foote, prime sponsor, presented Senate Bill 20-139, concerning authorization for a county to lend money to a governmental entity created by or located within the county for the purpose of providing funding for public infrastructure projects within the county. Senator Foote explained the effect of the bill and discussed its need. He also discussed amendments L.010 (Attachment A) and L.011 (Attachment B). Senator Foote responded to questions regarding the source of funds for infrastructure projects under the bill, and the processes involved in approving infrastructure projects under the bill. Senator Foote responded to further questions regarding the position of Boulder County residents on the bill.

03:28:44 PM  
Paul Weissman, Boulder County Treasurer, testified in support of SB 20-139. Treasurer Weissman explained the problem to be addressed by the bill. He addressed questions raised during earlier discussion. Treasurer Weissman responded to questions regarding the scope of the project, and the ability of Boulder County to cover the costs of certain infrastructure projects. Treasurer Weissman responded to questions regarding the type of financing to be orchestrated under SB 20-139, and Boulder County's current economic situation.
03:42:28 PM  

Naresh Kumanduri, representing himself, testified in support of SB 20-139. He discussed some potential concerns with the bill that could be rectified through amendment. Melanie Layton, representing the Colorado Bankers Association, testified on the bill from a neutral position. Ms. Layton discussed amendments that will address her organization's concerns. Discussion ensued regarding restricting dollars spent under the bill to infrastructure projects. Mr. Kumanduri responded to questions regarding his education.

03:50:57 PM  

Sophia San Miguel, representing herself, testified on the bill.

03:54:16 PM  
Discussion ensued regarding amendment L.010.


03:55:37 PM
Motion Adopt amendment L.010
Moved Bridges
Seconded
Coram
Crowder
Rodriguez
Bridges
Ginal
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:55:57 PM
Motion Adopt amendment L.011
Moved Bridges
Seconded
Coram
Crowder
Rodriguez
Bridges
Ginal
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:57:21 PM
Motion Refer Senate Bill 20-139, as amended, to the Committee of the Whole.
Moved Bridges
Seconded
Coram No
Crowder Yes
Rodriguez Yes
Bridges Yes
Ginal Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






COVID-19 Resources
2021 Ballot Information Booklet (Blue Book)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.