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800C496790DAC5378725824200618937 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1011

HOUSE COMMITTEE ON FINANCE
Date Feb 28, 2018      
Location LSB A



HB18-1011 - Amended, referred to House Appropriations


10:45:22 AM  
Representatives Pabon and Van Winkle, co-prime sponsors, returned to discuss House Bill 18-1011, which allows publicly traded companies to invest in medical and retail marijuana businesses and limits which types of investors are subject to disclosure and background investigations. Testimony was heard on the bill on February 26, 2018.
10:47:28 AM  
The committee discussed strike-below amendment L.001 [Attachment A]. The bill sponsors responded to questions about amendment L.001.


10:53:51 AM
Motion Adopt amendment L.001 [Attachment A].
Moved Pabon
Seconded Van Winkle
Beckman No
Benavidez No
Covarrubias Yes
Gray Yes
Herod Yes
Kennedy Yes
Lawrence Yes
Michaelson Jenet Yes
Sandridge No
Thurlow No
Van Winkle Yes
Foote No
Pabon Yes
YES: 8   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS
10:54:13 AM  
The bill sponsors made closing remarks on the bill. Members of the committee commented on the merits of the bill.


11:02:09 AM
Motion Refer House Bill 18-1011, as amended, to the Committee on Appropriations.
Moved Pabon
Seconded Van Winkle
Beckman No
Benavidez No
Covarrubias Yes
Gray Yes
Herod Yes
Kennedy Yes
Lawrence Yes
Michaelson Jenet Yes
Sandridge No
Thurlow No
Van Winkle Yes
Foote No
Pabon Yes
Final YES: 8   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS