S_FIN_2019A 04/18/2019 11:53:41 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 04/18/2019 Attendance Gonzales X Lundeen * Tate X Todd X Woodward X Lee * Court X X = Present, E = Excused, A = Absent, * = Present after roll call Time 11:53:41 AM to 01:22:49 PM Place SCR 357 This Meeting was called to order by Senator Court This Report was prepared by Matt Bishop Hearing Items Action Taken hSB19-236 Referred to Senate Appropriations hHB19-1090 Referred to Senate Appropriations SB19-236 - Referred to Senate Appropriations 11:53:49 AM Senator Fenberg, bill sponsor, introduced Senate Bill 19-236. The bill continues the Public Utilities Commission. Senator Garcia, bill sponsor, also commented. 11:56:58 AM The bill sponsors responded to questions from the committee regarding staff required for the program and the makeup of the commission. Erin Reynolds, Legislative Council Staff, also responded. 12:05:00 PM Bill sponsors made closing comments on the bill. 12:06:39 PM Motion Refer Senate Bill 19-236 to the Committee on Appropriations. Moved Todd Seconded Gonzales Yes Lundeen Yes Tate Yes Todd Yes Woodward No Lee Yes Court Yes Final YES: 6 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS HB19-1090 - Referred to Senate Appropriations 12:06:52 PM Senators Gonzales and Hill, bill sponsors, introduced House Bill 19-1090. The bill allows cannabis companies to be publicly traded. The bill sponsors responded to questions from the committee. 12:17:33 PM Jim Burack, Department of Revenue, testified in support of the bill. 12:23:59 PM Dominique Mendiola, Department of Revenue, testified in support of the bill. 12:28:25 PM Kristi Kelly, Marijuana Industry Group, testified in support of the bill. 12:29:47 PM Dean Heizer, LivWell Enlightened Health, testified in support of the bill. 12:33:15 PM Ms. Mendiola responded to questions from the committee regarding the bill's impact on reducing illegal actors in the marijuana industry. Mr. Burack also responded. The department staff responded to further questions from the committee. 12:42:36 PM Randy Tiffey, United Food and Commercial Workers Local 7, testified against the bill. 12:47:25 PM Jim Hammons, United Food and Commercial Workers Local 7, testified against the bill. 12:49:53 PM Jordan Wellington, Vicente Sederberg and VS Strategies, testified in support of the bill. 12:54:47 PM Discussion ensued regarding safety conditions in the cannabis industry. 01:00:06 PM Shannon Fender, Native Roots Dispensary, testified in support of the bill. 01:01:16 PM Andy Williams, representing himself, testified in support of the bill. 01:07:13 PM Mr. Williams responded to questions from the committee regarding labor conditions in his businesses and payroll. Ms. Fender also responded. 01:13:58 PM The bill sponsors made closing comments on the bill. 01:18:16 PM Committee members made closing comments on the bill. 01:22:32 PM Motion Refer House Bill 19-1090 to the Committee on Appropriations. Moved Gonzales Seconded Gonzales Yes Lundeen No Tate Yes Todd Yes Woodward Yes Lee Yes Court No Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS 01:22:49 PM The committee adjourned.
