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s_fin_2018a_2018-05-02t13:47:47z14 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1383

SENATE COMMITTEE ON FINANCE
Date May 2, 2018      
Location SCR 352



HB18-1383 - Postponed Indefinitely


04:46:53 PM  

Senator Priola, prime sponsor, presented House Bill 18-1383, which extends performance and payment bond requirements for qualifying construction projects to projects on public real property involving private financing.  Senator Priola distributed amendment L.003 [Attachment D] and a fact sheet on the bill [Attachment E].

04:48:56 PM  
Tom Patton, representing the Rocky Mountain Surety Association, testified in support of the bill.
04:53:36 PM  
Scott Deering, representing the American
Subcontractors Assocaition, testified in support of the bill.
05:02:10 PM  
Mr. Patton and Mr. Deering responded to committee questions.


05:08:22 PM
Motion Adopt amendment L.003 [Attachment D].
Moved Tate
Seconded
Jahn
Kagan
Scott
Tate
Neville T.
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:09:15 PM
Motion Refer House Bill 18-1383, as amended, to the Committee of the Whole.
Moved Tate
Seconded
Jahn No
Kagan Yes
Scott No
Tate Yes
Neville T. No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


05:09:35 PM
Motion Postpone House Bill 18-1383 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Tate
Seconded
Jahn Yes
Kagan No
Scott Yes
Tate No
Neville T. Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS