|
PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
| Date |
02/13/2020 |
| Attendance |
| Hansen |
X |
| Lundeen |
* |
| Tate |
X |
| Todd |
X |
| Woodward |
X |
| Lee |
X |
| Gonzales |
X |
|
| Time |
10:32:30 AM to 01:28:34 PM |
| Place |
SCR 357 |
| This Meeting was called to order by |
Senator Gonzales |
| This Report was prepared by |
Elizabeth Burger |
|
| Hearing Items |
Action Taken |
| hSB20-004 |
Amended, referred to Senate Appropriations |
| hSB20-145 |
Postponed Indefinitely |
| hSB20-146 |
Amended, referred to the Committee of the Whole - Consent Calendar |
| hSB20-112 |
Postponed Indefinitely |
| hSB20-148 |
Lay Over |
| hSB20-141 |
Lay Over |
| hSB20-019 |
Lay Over |
|
|
|
X = Present, E = Excused, A = Absent, * = Present after roll call |
SB20-004 - Amended, referred to Senate Appropriations
|
|
|
10:33:25 AM |
Senator Fenberg introduced Senate Bill 20-004. The bill creates the Get on Your Feet Student Loan Repayment Assistance Program in the Department of Higher Education. He responded to questions from the committee regarding the bill.
|
|
10:52:32 AM |
Tyler Jackie, Bell Policy Center, testified
in support of the bill.
|
|
10:56:22 AM |
Emily Burns, Colorado Department of Higher Education, offered to respond to committee questions regarding the bill.
|
|
10:57:03 AM |
Morgan Royal, New Era Colorado, testified
in support of the bill. Ms. Royal and Mr. Jackie responded to committee
questions. Ms. Burns responded to questions from the committee regarding
the administrative costs of the bill and whether out-of-state students
would qualify for the bill.
|
|
11:19:46 AM |
Ryan Case, American Federation of Teachers - Colorado, testified in support of the bill.
|
|
11:21:15 AM |
Lauren Smith, representing herself, testified in support of the bill.
|
|
11:23:58 AM |
Mykaela Doane, representing herself, testified in support of the bill and responded to committee questions.
|
|
11:30:40 AM |
Maggie Bryniarski read testimony in support of the bill.
|
|
11:32:37 AM |
Victoria Dadet read testimony in support of the bill.
|
|
11:35:31 AM |
Eli Grimm, representing herself, testified
in support of the bill.
|
|
11:38:07 AM |
Matt Vondrasek, United Government of Graduate Students, CU Boulder, testified in support of the bill and responded to committee questions.
|
|
11:44:38 AM |
Sophia San Miguel, representing herself,
testified regarding the bill and provided written testimony (Attachment
A).
|
|
11:51:01 AM |
Senator Fenberg distributed and explained amendment L.001
(Attachment B).
|
11:52:07 AM
|
Motion |
Adopt amendment L.001 |
|
| Moved |
Hansen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
|
|
|
Lundeen |
Excused |
|
|
Tate |
|
|
|
Todd |
|
|
|
Woodward |
|
|
|
Lee |
|
|
|
Gonzales |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
12:28:03 PM
|
Motion |
Refer Senate Bill 20-004, as amended, to the Committee on Appropriations. |
|
| Moved |
Hansen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
Yes |
|
|
Lundeen |
No |
|
|
Tate |
Yes |
|
|
Todd |
Yes |
|
|
Woodward |
No |
|
|
Lee |
Yes |
|
|
Gonzales |
Yes |
|
|
Final |
YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
SB20-145 - Postponed Indefinitely
|
|
|
12:28:14 PM |
Senator Smallwood introduced Senate Bill 20-145. The bill repeals Colorado's Reinsurance Program, limiting its operation to the 2020 benefit year. He distributed a handout to the committee (Attachment C).
|
|
12:31:18 PM |
Carol Downs, representing herself, testified in support of the bill. She responded to questions from the committee.
|
|
12:36:28 PM |
Caitlin Westerson, Colorado Consumer Health Initiative, testified in opposition to the bill.
|
|
12:40:50 PM |
Hillary Jorgensen, Healthier Colorado, testified in opposition to the bill.
|
|
12:44:02 PM |
Kyle Brown, Colorado Division of Insurance within the Department of Regulatory Agencies, testified in opposition to the bill. Members of the panel responded to questions from the committee.
|
01:02:49 PM
|
Motion |
Postpone Senate Bill 20-145 indefinitely. |
|
| Moved |
Lundeen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
Yes |
|
|
Lundeen |
Yes |
|
|
Tate |
Yes |
|
|
Todd |
Yes |
|
|
Woodward |
Yes |
|
|
Lee |
Yes |
|
|
Gonzales |
Yes |
|
|
Final |
YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
SB20-146 - Amended, referred to the Committee of the Whole - Consent Calendar
|
|
|
01:03:02 PM |
Senator Priola introduced Senate Bill 20-146.
The bill repeals and reenacts a portion of the Unclaimed Property
Act with modifications related to the presumption of abandonment for demand,
savings, or time deposits with a financial organization, along with other
changes. Senator Priola distributed amendment L.001 (Attachment
D).
|
|
01:06:45 PM |
Jenifer Waller, Colorado Bankers Association, testified in support of the bill.
|
|
01:07:57 PM |
Zack Bunney, FirstBank, testified in support of the bill.
|
|
01:09:03 PM |
Leah Marvin-Riley, Department of Treasury, testified in support of the bill. She explained amendment L.001.
|
01:11:37 PM
|
Motion |
Adopt amendment L.001 |
|
| Moved |
Hansen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
|
|
|
Lundeen |
|
|
|
Tate |
|
|
|
Todd |
|
|
|
Woodward |
|
|
|
Lee |
|
|
|
Gonzales |
|
|
|
|
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
01:12:37 PM
|
Motion |
Refer Senate Bill 20-146, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. |
|
| Moved |
Hansen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
Yes |
|
|
Lundeen |
Yes |
|
|
Tate |
Excused |
|
|
Todd |
Yes |
|
|
Woodward |
Yes |
|
|
Lee |
Yes |
|
|
Gonzales |
Yes |
|
|
Final |
YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
SB20-112 - Postponed Indefinitely
|
|
|
01:20:13 PM |
Senator Priola introduced Senate Bill 20-112.
The committee previously heard witness testimony on the bill on February
4, 2020, and at that time, the committee adopted amendment L.001 (Attachment
E). Senator Priola explained and distributed amendments L.003 and
L.005 (Attachments F and G). Members of the committee commented on
the bill.
|
01:21:27 PM
|
Motion |
Amend L.003, line 3, strike "calendar" |
|
| Moved |
Lundeen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
|
|
|
Lundeen |
|
|
|
Tate |
Excused |
|
|
Todd |
|
|
|
Woodward |
|
|
|
Lee |
|
|
|
Gonzales |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
01:21:49 PM
|
Motion |
Adopt amendment L.003 |
|
| Moved |
Lundeen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
|
|
|
Lundeen |
|
|
|
Tate |
Excused |
|
|
Todd |
|
|
|
Woodward |
|
|
|
Lee |
|
|
|
Gonzales |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
01:22:10 PM
|
Motion |
Adopt amendment L.005 |
|
| Moved |
Lundeen |
|
| Seconded |
|
|
|
|
|
|
Hansen |
|
|
|
Lundeen |
|
|
|
Tate |
Excused |
|
|
Todd |
|
|
|
Woodward |
|
|
|
Lee |
|
|
|
Gonzales |
|
|
|
|
YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection |
|
|
01:27:49 PM
|
Motion |
Refer Senate Bill 20-112, as amended, to the Committee on Appropriations. |
|
| Moved |
Woodward |
|
| Seconded |
|
|
|
|
|
|
Hansen |
No |
|
|
Lundeen |
Yes |
|
|
Tate |
Yes |
|
|
Todd |
No |
|
|
Woodward |
Yes |
|
|
Lee |
No |
|
|
Gonzales |
No |
|
|
|
YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL |
|
|
01:27:59 PM
|
Motion |
Postpone Senate Bill 20-112 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 |
Gonzales |
|
| Seconded |
|
|
|
|
|
|
Hansen |
Yes |
|
|
Lundeen |
No |
|
|
Tate |
No |
|
|
Todd |
Yes |
|
|
Woodward |
No |
|
|
Lee |
Yes |
|
|
Gonzales |
Yes |
|
|
Final |
YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS |
|
|
| 01:27:55 PM |
The chair announced that Senate Bills 20-019,
20-141, and 20-148 would be laid over until a future date.
|
| 01:28:34 PM |
The committee adjourned. |
