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S_FIN_2024A 03/12/2024 02:16:27 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 03/12/2024
Attendance
Buckner X
Hansen X
Simpson X
Van Winkle X
Will X
Kolker X
Mullica X
Time 02:16:27 PM to 02:50:31 PM
Place SCR 357
This Meeting was called to order by Mullica
This Report was prepared by Matthew Becker
Hearing Items Action Taken
Conf 24-Banking Board Favorably Refer to Full Senate - Consent Calendar
HB24-1056 Amended, referred to the Committee of the Whole
HB24-1044 Amended, referred to the Committee of the Whole

Conf 24-Banking Board - Favorably Refer to Full Senate - Consent Calendar


02:19:21 PM  
Ken Boldt, Commissioner, introduced Siddharth Kotwal, appointee to the Banking Board. Mr. Kotwal introduced himself and explained his qualifications to serve on the board.


02:20:44 PM
Motion Refer the appointment of Siddharth Kotwal to the Conf 24-Banking Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Van Winkle
Seconded
Buckner Yes
Hansen Yes
Simpson Yes
Van Winkle Yes
Will Yes
Kolker Yes
Mullica Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB24-1056 - Amended, referred to the Committee of the Whole


02:20:53 PM  
Senators Kolker and Hansen, co-prime sponsors, presented HB24-1056, which changes requirements and processes for issuing treasurer’s deeds.
02:23:44 PM  
Paul Weissmann, representing themself, testified in support of the bill.
02:27:35 PM  
Mr. Jim Manley, representing Pacific Legal Foundation, testified in support of the bill.


02:31:20 PM
Motion Adopt amendment L.005 (Attachment A).
Moved Hansen
Seconded
Buckner
Hansen
Simpson
Van Winkle
Will
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:32:52 PM
Motion Refer House Bill 24-1056, as amended, to the Committee of the Whole.
Moved Kolker
Seconded
Buckner Yes
Hansen Yes
Simpson Yes
Van Winkle Yes
Will Yes
Kolker Yes
Mullica Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB24-1044 - Amended, referred to the Committee of the Whole

02:33:02 PM  
Senator Hansen presented HB24-1044, which expands the number of service retirees that school districts may hire while still being eligible for pension benefits.
02:34:44 PM  
Mr. Michael Steppat, representing Colorado Public Employees Retirement Association (PERA), testified to amend the bill.
02:38:13 PM  
Mr. Todd Fukai, representing Colorado Association of School Personnel Administrators and St. Vrain Valley Schools, testified in support of the bill.
02:38:21 PM  
Amanda Thompson, representing Douglas County Schools and CASPA (Colorado Association for School Personnel Administrators), testified in support of the bill.
02:42:18 PM  
Carol Pace, representing AARP, testified in support of the bill.
02:45:03 PM  
Mr. Fukai responded
to committee questions.  Written testimony for the bill is included
as Attachment B.


02:47:24 PM
Motion Adopt amendment L.004 (Attachment C).
Moved Hansen
Seconded
Buckner
Hansen
Simpson
Van Winkle
Will
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:47:59 PM
Motion Adopt amendment L.005 (Attachment D).
Moved Hansen
Seconded
Buckner
Hansen
Simpson
Van Winkle
Will
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:50:24 PM
Motion Refer House Bill 24-1044, as amended, to the Committee of the Whole.
Moved Hansen
Seconded
Buckner Yes
Hansen Yes
Simpson Yes
Van Winkle No
Will Yes
Kolker Yes
Mullica Yes
Final YES: 6   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:50:31 PM   The committee adjourned.