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s_blt_2017a_2017-04-12t14:05:50z5 Hearing Summary

Date: 04/12/2017

Location: SCR 354

Final

BILL SUMMARY for HB17-1214



SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY


Votes: View--> Action Taken:
Refer House Bill 17-1214 to the Committee of the W PASS







05:18 PM -- HB 17-1214



Senator Tate introduced House Bill 17-1214, concerning efforts to encourage employee ownership of the state's existing small businesses. The bill requires the Office of Economic Development and International Trade to establish a revolving loan fund program to assist existing businesses with a transition to becoming an employee-owned businesses.



05:20 PM --
Halisi Vinson, Rocky Mountain Employee Ownership Center, spoke in favor of the bill.



05:23 PM --
Phil Ross, representing himself, spoke in favor of the bill. He responded to questions from the committee.



05:36 PM



Senator Tate made closing comments on the merits of the bill.

BILL: HB17-1214
TIME: 05:37:58 PM
MOVED: Priola
MOTION: Refer House Bill 17-1214 to the Committee of the Whole. The motion passed on a vote of 5-2.
SECONDED:
VOTE
Jahn
Yes
Kefalas
Yes
Priola
Yes
Smallwood
No
Williams A.
Yes
Neville T.
No
Tate
Yes
Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS














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