CLICS/CLICS2022A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB22-025
HOUSE COMMITTEE ON FINANCE
Date Apr 4, 2022
Location HCR 0112
SB22-025 - Amended, referred to House Appropriations
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01:32:31 PM |
Representatives Bird and McCluskie, co-sponsors, presented Senate Bill 22-025. The bill requires a study be conducted on the use of security token offerings for financing state capital projects. They distributed amendment L.002 (Attachment A).
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01:40:34 PM |
The sponsors responded to questions from the committee.
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01:47:20 PM |
Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. He responded to questions from the committee.
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02:06:53 PM |
Committee discussion with Treasurer Young continued.
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02:10:35 PM |
Jason Gelender, representing the Office of Legislative Legal Services, came to the table to respond to committee questions.
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02:17:57 PM |
Representative Benavidez discussed amendment L.002 with the sponsors and Mr. Gelender.
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02:20:30 PM
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Motion |
Adopt amendment L.002 (Attachment A). |
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Moved |
Bird |
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Seconded |
Gray |
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Benavidez |
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Daugherty |
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Gray |
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Kipp |
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Luck |
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Rich |
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Sandridge |
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Soper |
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Tipper |
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Snyder |
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Bird |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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02:20:34 PM |
The sponsors provided
closing remarks and asked for a favorable recommendation. Members
of the committee commented about their positions on the bill.
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02:27:39 PM
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Motion |
Refer Senate Bill 22-025, as amended, to the Committee on Appropriations. |
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Moved |
Bird |
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Seconded |
Gray |
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Benavidez |
Yes |
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Daugherty |
Yes |
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Gray |
Yes |
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Kipp |
Yes |
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Luck |
No |
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Rich |
No |
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Sandridge |
No |
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Soper |
No |
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Tipper |
Yes |
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Snyder |
Yes |
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Bird |
Yes |
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Final |
YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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