h_fin_2016a_2016-04-14t11:43:31z2 Hearing Summary
Date: 04/14/2016
Final
BILL SUMMARY for SB16-131
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.013 (Attachment A). The motion p Refer Senate Bill 16-131, as amended, to the Commi |
Pass Without Objection PASS |
11:59 AM -- SB16-131
Representatives Pabon and Willett, co-prime sponsors, introduced Senate Bill 16-131. The bill reorganizes and updates the probate code and laws governing the management of an individual's assets. It clarifies when an unprobated will may be used as part of a proceeding and that judgment and decree will convey legal title as opposed to equitable title. It also enacts portions of Section 5 of the "Uniform Powers of Appointment Act." The sponsors answered several committee questions.
12:04 PM -- Ms. Lehtia Maxfield, representing the Trust and Estate Section of the Colorado Bar Association, testified in support of the bill.
12:12 PM -- Ms. Karen Kalarity, representing herself, testified from a neutral position on the bill.
| BILL: | SB16-131 | |
| TIME: | 12:16:35 PM | |
| MOVED: | Pabon | |
| MOTION: | Adopt amendment L.013 (Attachment A). The motion passed without objection. 16HouseFin0414AttachA.pdf |
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| SECONDED: | Pabon | |
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VOTE
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Becker K.
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Conti
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Garnett
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Excused
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Kagan
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | SB16-131 | |
| TIME: | 12:18:15 PM | |
| MOVED: | Pabon | |
| MOTION: | Refer Senate Bill 16-131, as amended, to the Committee of the Whole. The motion passed on a vote of 10-0. | |
| SECONDED: | Kagan | |
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VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Excused
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Yes
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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