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s_sa_2018a_2018-05-01t13:33:42z7 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1298

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date May 1, 2018      
Location SCR 357



HB18-1298 - Postponed Indefinitely


02:36:15 PM  

Senators Donovan and Todd, co-prime sponsors, presented House Bill 18-1298. The bill establishes the Colorado Secure Savings Plan Board in the Office of the Governor to study the feasibility of creating a retirement savings plan and other approaches to increase the amount of retirement savings by Colorado's private sector workers.

02:43:27 PM  
Rich Jones, representing the Bell Policy Center, testified in support of the bill.
02:43:56 PM  
Demetrius Johnson, representing the NAACP Rocky Mountain Region, testified in support of the bill.
02:47:15 PM  
Phil Steckley, representing AARP, testified in support of the bill.
02:49:41 PM  
Bre Andrews, representing the Colorado AFL-CIO, testified in support of the bill.
02:53:41 PM  

Hunter Railey, representing Small Business Majority, testified in support of the bill.

02:57:44 PM  

Blake Manion, representing Good Business Colorado, testified in support of the bill. He distributed a written copy of his testimony [Attachment D].

02:58:46 PM  
Rita Fitzpatrick, representing herself, testified in support of the bill.
03:01:07 PM  
Christina Johnson, representing the Colorado Senior Lobby, testified in support of the bill.
03:03:25 PM  
Emily Ibach, representing the Colorado Farm Bureau, testified in opposition to the bill.
03:05:12 PM  
Carl Larson, representing the Colorado Association of Insurance and Financial Advisors, testified in opposition to the bill.
03:07:40 PM  
Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill.
03:09:10 PM  
Tony Gagliardi, representing the National
Federation of Independent Business, testified in opposition to the bill.
 He responded to questions from the committee.
03:20:55 PM  

Francesca Maes, representing herself, testified in support of the bill.

03:21:43 PM  

Senators Donovan and Todd wrapped up their presentation of the bill and asked for a favorable recommendation.



03:28:47 PM
Motion Refer House Bill 18-1298 to the Committee of the Whole.
Moved Court
Seconded
Cooke No
Court Yes
Fenberg Yes
Sonnenberg No
Marble No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


03:29:18 PM
Motion Postpone House Bill 18-1298 indefinitely.
Moved Sonnenberg
Seconded
Cooke Yes
Court No
Fenberg No
Sonnenberg Yes
Marble Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS