46E4E1F4A8389F1087258582000C1F27 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For HB20-1286SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRSDate Jun 8, 2020 Location Old Supreme Court Chamber HB20-1286 - Referred to Senate Appropriations Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/A3751875A7FC...$File/20SenateState0608AttachA.pdf?OpenElement 20SenateState0608AttachA.pdf 08:12:26 PM Senators Cooke and Story, bill sponsors, presented House Bill 20-1286. The bill continues the regulation of fantasy contests operators for seven years, through September 1, 2027, and implements the recommendations in the sunset report. Specifically, the bill: transfers regulatory authority from the Division of Professions and Occupations in the Department of Regulatory Agencies (DORA) to the Division of Gaming in the Department of Revenue (DOR); and requires small fantasy contest operators complete annual audits by an independent third party and submit the results to the DOR. 08:15:14 PM Pete Kirchhof, representing DraftKings and FanDuel, testified in support of the bill. Written testimony submitted for House Bill 20-1286 my be found in Attachment A. 08:17:00 PM Motion Refer House Bill 20-1286 to the Committee on Appropriations. Moved Fields Seconded Hill Yes Sonnenberg Yes Story Yes Fields Yes Foote Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
