AEF3D5E86BA070058725850D006E21CB Hearing Summary

PUBLIC
BILL SUMMARY For SB20-146

SENATE COMMITTEE ON FINANCE
Date Feb 13, 2020
Location SCR 357

SB20-146 - Amended, referred to the Committee of the Whole - Consent Calendar

Attachment Tag

File Name

Attachment

200213 AttachD.pdf

01:03:02 PM

Senator Priola introduced Senate Bill 20-146.
The bill repeals and reenacts a portion of the Unclaimed Property
Act with modifications related to the presumption of abandonment for demand,
savings, or time deposits with a financial organization, along with other
changes. Senator Priola distributed amendment L.001 (Attachment
D).

01:06:45 PM

Jenifer Waller, Colorado Bankers Association, testified in support of the bill.

01:07:57 PM

Zack Bunney, FirstBank, testified in support of the bill.

01:09:03 PM

Leah Marvin-Riley, Department of Treasury, testified in support of the bill. She explained amendment L.001.

01:11:37 PM	Motion	Adopt amendment L.001
	Moved	Hansen
	Seconded

	Hansen
	Lundeen
	Tate
	Todd
	Woodward
	Lee
	Gonzales
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

01:12:37 PM	Motion	Refer Senate Bill 20-146, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
	Moved	Hansen
	Seconded

	Hansen	Yes
	Lundeen	Yes
	Tate	Excused
	Todd	Yes
	Woodward	Yes
	Lee	Yes
	Gonzales	Yes
	Final	YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

SB20-146 - Amended, referred to the Committee of the Whole - Consent Calendar

Colorado General Assembly