PUBLIC STAFF SUMMARY OF MEETING INTERIM COMMITTEE PENSION REVIEW COMMISSION
Date |
09/27/2022 |
Attendance |
Danielson |
X |
Exum |
X |
Hansen |
X |
Hisey |
X |
Sandridge |
X |
Sirota |
X |
Van Winkle |
E |
Will |
X |
Bird |
X |
Kolker |
X |
|
Time |
09:13:37 AM to 10:24:52 AM |
Place |
HCR 0112 |
This Meeting was called to order by |
Kolker |
This Report was prepared by |
Katie Ruedebusch |
|
Hearing Items |
Action Taken |
hReview and Discussion of Bill Draft Requests |
Committee Discussion Only |
hPublic Testimony |
Committee Discussion Only |
hVote on Bill Draft Requests |
Committee Discussion Only |
|
|
Review and Discussion of Bill Draft Requests - Committee Discussion Only
|
|
|
09:16:58 AM |
Commission discussion
ensued on Bill 1. The commission discussed further study for the
Subcommittee and sending a letter to PERA and FFPA on passive investments.
|
|
09:24:35 AM |
Ms. Herrera continued by discussing Bill 2.
|
|
09:30:48 AM |
Ms. Myers continued
by discussing Bill 3. Sen. Kolker withdrew Bill 3.
|
Public Testimony - Committee Discussion Only
|
|
|
09:34:36 AM |
Written public testimony may be found in Attachment A.
|
Vote on Bill Draft Requests - Committee Discussion Only
|
|
|
09:34:51 AM |
The commission began
discussing Bill 1 and Bill 2.
|
09:45:47 AM
|
Motion |
Move Bill 1 to Legislative Council |
|
Moved |
Sirota |
|
Seconded |
|
|
|
|
|
Danielson |
Yes |
|
|
Exum |
Yes |
|
|
Hansen |
No |
|
|
Hisey |
No |
|
|
Sandridge |
No |
|
|
Sirota |
Yes |
|
|
Van Winkle |
Excused |
|
|
Will |
Yes |
|
|
Bird |
No |
|
|
Kolker |
Yes |
|
|
|
YES: 5 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: FAIL |
|
|
|
09:50:26 AM |
Bill 1 failed as
it did not receive a majority vote of the total commission members. Commission
discussion ensued on some conceptual amendments.
|
10:00:43 AM
|
Motion |
Move conceptual amendment to Bill 2 to limit the bill to Colorado state and local government public pensions |
|
Moved |
Hansen |
|
Seconded |
|
|
|
|
|
Danielson |
Yes |
|
|
Exum |
Yes |
|
|
Hansen |
Yes |
|
|
Hisey |
Yes |
|
|
Sandridge |
Yes |
|
|
Sirota |
Yes |
|
|
Van Winkle |
Excused |
|
|
Will |
Yes |
|
|
Bird |
Yes |
|
|
Kolker |
Yes |
|
|
|
YES: 9 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
10:18:33 AM
|
Motion |
Move conceptual amendment to Bill 2 to include in the bill a tax credit for tax years 2023 and 2024 for a set amount. |
|
Moved |
Bird |
|
Seconded |
|
|
|
|
|
Danielson |
Yes |
|
|
Exum |
Yes |
|
|
Hansen |
Yes |
|
|
Hisey |
Yes |
|
|
Sandridge |
Yes |
|
|
Sirota |
Yes |
|
|
Van Winkle |
Excused |
|
|
Will |
Yes |
|
|
Bird |
Yes |
|
|
Kolker |
Yes |
|
|
|
YES: 9 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
10:19:39 AM
|
Motion |
Move Bill 2 as amended to Legislative Council |
|
Moved |
Bird |
|
Seconded |
|
|
|
|
|
Danielson |
Yes |
|
|
Exum |
Yes |
|
|
Hansen |
Yes |
|
|
Hisey |
Yes |
|
|
Sandridge |
Yes |
|
|
Sirota |
Yes |
|
|
Van Winkle |
Excused |
|
|
Will |
Yes |
|
|
Bird |
Yes |
|
|
Kolker |
Yes |
|
|
|
YES: 9 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
10:24:52 AM |
The committee adjourned. |