H_BUS_2022A 03/02/2022 10:45:11 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR Date 03/02/2022 Attendance Amabile X Bird X Carver X Duran X Lynch * Mullica X Ricks * Sandridge X Snyder X Van Beber X Van Winkle X Sullivan X Roberts X Time 10:45:11 AM to 11:24:03 AM Place HCR 0112 This Meeting was called to order by Roberts This Report was prepared by Luisa Altmann Hearing Items Action Taken hSB22-045 Referred to the Committee of the Whole SB22-045 - Referred to the Committee of the Whole 10:46:15 AM Representative Bird introduced Senate Bill 22-045, Modifications to Colorado Public Benefit Corporation Act. The bill modifies certain provisions of the Public Benefit Corporation Act, including requirements for conversion to or from a public benefit corporation and clarifications of director duties. 10:50:10 AM The committee took a brief recess. 10:53:58 AM The committee reconvened. 10:54:05 AM Representative Bird responded to questions from the committee. 10:54:19 AM Herrick Lidstone, representing the Colorado Bar Association, testified in support of the bill. Jason Wiener, representing himself, testified in support of the bill. The witnesses responded to questions from the committee. 11:19:56 AM The bill sponsor made closing remarks on the bill. 11:23:44 AM Motion Refer Senate Bill 22-045 to the Committee of the Whole. Moved Bird Seconded Duran Amabile Yes Bird Yes Carver No Duran Yes Lynch Yes Mullica Yes Ricks Yes Sandridge No Snyder Yes Van Beber No Van Winkle No Sullivan Yes Roberts Yes Final YES: 9 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 11:24:03 AM The committee adjourned.
