S_JUD_2019A 02/04/2019 01:31:26 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON JUDICIARY Date 02/04/2019 Attendance Cooke X Gardner E Rodriguez X Gonzales X Lee X X = Present, E = Excused, A = Absent, * = Present after roll call Time 01:31:26 PM to 01:45:01 PM Place SCR 352 This Meeting was called to order by Senator Lee This Report was prepared by Juliann Jenson Hearing Items Action Taken hSB19-086 Amended, referred to Senate Appropriations SB19-086 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/D5D622BBF6EA...$File/19SenateJud0204AttachA.pdf?OpenElement 19SenateJud0204AttachA.pdf 01:31:35 PM Senator Lee explained SB19-086, concerning updates to the laws governing business entities. Herrick Lidstone, representing the Colorado Bar Association, spoke in favor of the bill. He explained the basis for the bill, the committees that worked on it, and the process involved. Mark Loewenstein, representing the Colorado Bar Association, testified in support of the bill. He discussed the benefits of the bill, one of which combines two sections of law into one. He also explained that the bill incorporates a judge-made law. 01:41:08 PM Senator Lee distributed and discussed Amendment L.001 (Attachment A), Mr. Lidstone further explained that the amendment fixes a typographical error and broadens certain definitions. 01:43:50 PM Motion Adopt amendment L.001 Moved Lee Seconded Cooke Gardner Excused Rodriguez Gonzales Lee YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 01:44:32 PM Motion Refer Senate Bill 19-086, as amended, to the Committee on Appropriations. Moved Lee Seconded Cooke Yes Gardner Excused Rodriguez Yes Gonzales Yes Lee Yes Final YES: 4 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS 01:45:01 PM The committee adjourned.