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h_fin_2016a_2016-04-20t13:37:24z1 Hearing Summary

Date: 04/20/2016



Final

BILL SUMMARY for HB16-1404



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
The motion passed without objection.

Adopt amendment L.008 (Attachment A), as amended.

Adopt amendment L.009 (Attachment B). The motion p

Refer House Bill 16-1404, as amended, to the Commi


Pass Without Objection

Pass Without Objection

PASS







01:44 PM -- HB16-1404



Representatives Duran and Wist, co-prime sponsors, introduced House Bill 16-1404. The bill establishes the licensing and regulation of fantasy contest operators and defines a fantasy contest. The bill creates the Office of Fantasy Contests within the Division in Professions and Occupations in the Department of Regulatory Agencies (DORA). The office is established as a Type 2 agency and the office director must establish rules for conducting fantasy contests in the state and for the licensing of fantasy contest operators. Representative Wist distributed amendment L.008 (Attachment A). The sponsors answered several committee questions.



16HouseFin0420AttachA.pdf16HouseFin0420AttachA.pdf



01:53 PM -- Ms. Anna Gerstle, Legislative Council Staff, came to the table to answer several committee questions regarding the fiscal note.



02:08 PM -- Mr. Derek Hein, representing DraftKings, testified in support of the bill. He answered several committee questions.



02:24 PM -- Ms. Gerstle returned to the table to answer the committee questions.





02:29 PM



The committee recessed.





02:33 PM



The committee came back to order.

BILL: HB16-1404
TIME: 02:34:10 PM
MOVED: Court
MOTION: Adopt amendment L.009 (Attachment B). The motion passed without objection.

16HouseFin0420AttachB.pdf16HouseFin0420AttachB.pdf
SECONDED: Roupe
VOTE
Becker K.
Conti
Garnett
Kagan
Pabon
Roupe
Sias
Van Winkle
Wilson
Foote
Court
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection





02:36 PM -- Mr. Thomas Morris, Legislative Legal Services, came to the table to answer committee questions. Committee discussion regarding amendment L.008 (Attachment A) ensued.


BILL: HB16-1404
TIME: 02:52:04 PM
MOVED: Court
MOTION: Adopt amendment L.008 (Attachment A), as amended. The motion passed without objection.
SECONDED: Foote
VOTE
Becker K.
Conti
Garnett
Kagan
Pabon
Roupe
Sias
Van Winkle
Wilson
Foote
Court
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection





02:59 PM



The committee recessed.





03:08 PM



The committee came back to order.

BILL: HB16-1404
TIME: 03:15:24 PM
MOVED: Garnett
MOTION: Refer House Bill 16-1404, as amended, to the Committee on Appropriations. The motion passed on a vote of 9-2.
SECONDED: Roupe
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
Yes
Roupe
Yes
Sias
No
Van Winkle
No
Wilson
Yes
Foote
Yes
Court
Yes
Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS














The House and Senate are temporarily adjourned.  The building is closed to the public.

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