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h_fin_2017a_2017-03-29t10:39:16z0 Hearing Summary

Date: 03/29/2017

Location: LSB A

Final

BILL SUMMARY for HB17-1265



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 17-1265 to the Committee on Appro PASS







10:39 AM -- HB17-1265



The committee was called to order. A quorum was present. Representatives Becker, K. and Nordberg, co-prime sponsors, presented House Bill 17-1265. The bill makes adjustments to the Judicial Division's contribution rates to the Colorado Public Employees' Retirement Association (PERA) Amortization Equalization Disbursement and Supplemental Amortization Equalization Disbursement. The sponsors addressed questions from the committee.



10:48 AM --
Mr. Greg Smith, the Executive Director of PERA, testified in support of the bill and addressed questions from the committee.



11:03 AM --
Ms. Linda Bay, representing the AARP, testified in support of the bill.



11:09 AM --
Mr. David Kribs, representing the Judicial Division, testified in support of the bill and responded to questions from the committee.



11:15 AM --
Ms. Lynea Hansen, representing Secure PERA, testified in support of the bill and responded to questions from the committee.





11:18 AM



Representatives Becker and Nordberg made closing remarks on the bill.

BILL: HB17-1265
TIME: 11:21:29 AM
MOVED: Van Winkle
MOTION: Refer House Bill 17-1265 to the Committee on Appropriations. The motion passed on a vote of 12-1.
SECONDED: Herod
VOTE
Beckman
No
Benavidez
Yes
Catlin
Yes
Covarrubias
Yes
Gray
Yes
Herod
Yes
Kennedy
Yes
Lawrence
Yes
Michaelson Jenet
Yes
Thurlow
Yes
Van Winkle
Yes
Foote
Yes
Pabon
Yes
Final YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS