CB81E1A5622A1DF987258C200076EF43 Hearing Summary

PUBLIC
BILL SUMMARY For SB25-016

SENATE COMMITTEE ON FINANCE
Date Jan 28, 2025
Location SCR 357

SB25-016 - Amended, referred to the Committee of the Whole

Attachment Tag

File Name

Attachment C

02:39:09 PM

Sen. Snyder introduced Senate Bill 25-016. The bill modifies the types of funds that are available for immediate withdrawal in real estate transactions.

02:40:17 PM

Eric Snyder, representing the Colorado Bar Association, testified to amend the bill. Alison Morgan, representing the Colorado Bankers Association, testified to amend the bill. Brian Phillips, representing the Land Title Association of Colorado, testified in support of the bill.

02:49:09 PM	Motion	Adopt amendment L.002 (Attachment C)
	Moved	Snyder
	Seconded

	Bright
	Frizell
	Gonzales J.	Excused
	Kolker
	Mullica
	Simpson
	Snyder
	Marchman
	Kipp
		YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection

02:51:27 PM	Motion	Refer Senate Bill 25-016, as amended, to the Committee of the Whole.
	Moved	Snyder
	Seconded

	Bright	Yes
	Frizell	Yes
	Gonzales J.	Excused
	Kolker	Yes
	Mullica	Yes
	Simpson	Yes
	Snyder	Yes
	Marchman	Excused
	Kipp	Yes
	Final	YES: 7 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

SB25-016 - Amended, referred to the Committee of the Whole

Colorado General Assembly