C5DA0CFC2630B867872586D800730C70 Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For SB21-259SENATE COMMITTEE ON FINANCEDate May 17, 2021 Location Old Supreme Court SB21-259 - Referred to the Committee of the Whole 02:56:41 PM Sen. Rodriguez introduced Senate Bill 21-259. The bill is reduces the minimum nonforfeiture interest rate for individual deferred annuities from 1.0 percent to 0.15 percent to conform to a national standard. 03:01:43 PM Mr. Keith Mancini, representing Empower Retirement, testified in support of the bill. He answered several committee questions. 03:10:24 PM Motion Refer Senate Bill 21-259 to the Committee of the Whole. Moved Bridges Seconded Hisey Yes Lee Yes Lundeen Yes Scott Yes Winter Yes Bridges Yes Pettersen Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS