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H_BUS_2022A 03/02/2022 10:45:11 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date 03/02/2022
Attendance
Amabile X
Bird X
Carver X
Duran X
Lynch *
Mullica X
Ricks *
Sandridge X
Snyder X
Van Beber X
Van Winkle X
Sullivan X
Roberts X
Time 10:45:11 AM to 11:24:03 AM
Place HCR 0112
This Meeting was called to order by Roberts
This Report was prepared by Luisa Altmann
Hearing Items Action Taken
SB22-045 Referred to the Committee of the Whole

SB22-045 - Referred to the Committee of the Whole


10:46:15 AM  
Representative Bird introduced Senate Bill 22-045, Modifications to Colorado Public Benefit Corporation Act. The bill modifies certain provisions of the Public Benefit Corporation Act, including requirements for conversion to or from a public benefit corporation and clarifications of director duties.
10:50:10 AM  
The committee took a brief recess.
10:53:58 AM  
The committee reconvened.
10:54:05 AM  
Representative Bird responded to questions from the committee.
10:54:19 AM  
Herrick Lidstone, representing the Colorado Bar Association, testified in support of the bill.

Jason Wiener, representing himself, testified in support of the bill.

The witnesses responded to questions from the committee.

11:19:56 AM  
The bill sponsor made closing remarks on the bill.


11:23:44 AM
Motion Refer Senate Bill 22-045 to the Committee of the Whole.
Moved Bird
Seconded Duran
Amabile Yes
Bird Yes
Carver No
Duran Yes
Lynch Yes
Mullica Yes
Ricks Yes
Sandridge No
Snyder Yes
Van Beber No
Van Winkle No
Sullivan Yes
Roberts Yes
Final YES: 9   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS


11:24:03 AM   The committee adjourned.






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