095EBC412D1FCD8687258C5F0070516F Hearing Summary

PUBLIC
BILL SUMMARY For HB25-1224

SENATE COMMITTEE ON FINANCE
Date Apr 1, 2025
Location SCR 357

HB25-1224 - Amended, referred to the Committee of the Whole

Attachment Tag

File Name

Attachment A

Attachment A - Combined.pdf

Attachment B

Attachment B.pdf

02:26:50 PM

Senator Snyder introduced
House Bill 25-1224. The bill modifies the Revised Uniform Unclaimed Property
Act in the Department of the Treasury. He answered several committee questions.

02:38:26 PM

Mr. David Knott, representing United Asset Recovery, Inc., testified in opposition to the bill.

02:41:52 PM

Dave Young, representing
the Colorado Department of Treasury, testified in support of the bill.
Alison Morgan, representing the Colorado Bankers Association, testified
in a neutral position on the bill. Bianca Gardelli, representing the Colorado
Department of Treasury, testified in support of the bill. The witnesses
answered several committee questions.

03:03:04 PM

Mr. Thomas Palmer,
representing themself, testified in opposition to the bill.

Written testimony
may be found in Attachment A.

03:08:51 PM	Motion	Adopt amendment L.005 (Attachment B)
	Moved	Snyder
	Seconded

	Bright
	Frizell
	Gonzales J.
	Kolker
	Mullica
	Simpson
	Snyder
	Marchman
	Kipp
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

03:08:53 PM

The sponsors and committee members made some closing remarks.

03:14:46 PM	Motion	Refer House Bill 25-1224, as amended, to the Committee of the Whole.
	Moved	Snyder
	Seconded

	Bright	No
	Frizell	Yes
	Gonzales J.	Yes
	Kolker	Yes
	Mullica	Yes
	Simpson	Yes
	Snyder	Yes
	Marchman	Yes
	Kipp	Yes
	Final	YES: 8 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS

HB25-1224 - Amended, referred to the Committee of the Whole

Colorado General Assembly