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S_FIN_2025A 02/04/2025 02:01:20 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 02/04/2025
Attendance
Bright X
Frizell *
Gonzales J. X
Kolker X
Mullica *
Simpson X
Snyder X
Exum X
Kipp X
Time 02:01:20 PM to 04:33:49 PM
Place SCR 357
This Meeting was called to order by Kipp
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
SB25-025 Postponed Indefinitely
SB25-056 Postponed Indefinitely
SB25-072 Amended, referred to Senate Appropriations

SB25-025 - Postponed Indefinitely
02:01:32 PM  
Senator Liston introduced Senate Bill 25-025. The bill allows an individual to file an off-highway vehicle mortgage or lien in any county in the state. Sen. Liston requested that the committee postpone the bill indefinitely.


02:04:04 PM
 Motion Postpone Senate Bill 25-025 indefinitely.
Moved Gonzales J.
Seconded
Bright Yes
Frizell Yes
Gonzales J. Yes
Kolker Yes
Mullica Excused
Simpson Yes
Snyder Yes
Exum Yes
Kipp Yes
Final YES: 8   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



SB25-056 - Postponed Indefinitely
02:04:10 PM  
Senator Sullivan
introduced Senate Bill 25-056. The bill reduces the excise tax rate on
premium cigars to 40 percent of the manufacturer’s list price beginning
in FY 2025-26. Written testimony may be found in Attachment A.
02:05:56 PM  
Jason Bailey, representing
himself, testified in opposition the bill. Mr. Eric Heydon, representing
the American Heart Association, testified in opposition to the bill. Krystyn
Hartman, representing themself, testified in opposition to the bill. R.J.
Ours, representing the American Cancer Society, testified in opposition
the bill.
02:19:09 PM  
Mr. Douglas Hatton,
representing themself, testified in support of the bill. Mr. Phillip Dvorak,
representing themself, testified in support of the bill. Jimmy Hargrove,
representing themself, testified in support of the bill. Mary Szarmach,
representing Smoker Friendly, testified in support of the bill. The witnesses
answered several committee questions.
02:40:49 PM  
Grier Bailey, representing
the CWPMA/RMFIA, testified in support of the bill. Mr. Glynn Loope, representing
the Premium Cigar Association, testified in support of the bill. Mark Nilson,
representing themself, testified in support of the bill. The witnesses
answered several committee questions.


02:56:13 PM
 Motion Refer Senate Bill 25-056 to the Committee on Appropriations.
Moved Kolker
Seconded
Bright No
Frizell Yes
Gonzales J. No
Kolker No
Mullica No
Simpson Yes
Snyder Yes
Exum Yes
Kipp No
YES: 4   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


02:57:41 PM
 Motion Postpone Senate Bill 25-056 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Gonzales J.
Seconded
Bright Yes
Frizell No
Gonzales J. Yes
Kolker Yes
Mullica Yes
Simpson No
Snyder No
Exum No
Kipp Yes
Final YES: 5   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB25-072 - Amended, referred to Senate Appropriations

02:57:47 PM  
Senators Mullica
and B. Pelton introduced Senate Bill 25-072. The bill creates a registration
program for kratom products. Written testimony may be found in Attachment
B.  
03:09:58 PM  
Mr. Matthew Lowe,
representing the Global Kratom Coalition, testified in support of the bill.
David Bregger, representing himself, testified in support of the bill.
03:10:45 PM  
Ms. Caro Freinberg,
representing Top Tree Herbs, testified to amend the bill. Elizabeth Haskell,
representing the Colorado Municipal League, testified to amend the bill.
Erik Stone, representing the Region 16 Opioid Abatement Council, testified
to amend the bill. Jimmy Reed, representing DOR, testified to amend the
bill.
03:20:32 PM  
Dr. Charles White, representing the Kratom Consumer Advisory Council, testified in support of the bill. Dawn Reinfeld, representing Blue Rising, testified in support of the bill.
03:30:58 PM  
Joshua Miller, representing
themself, testified in opposition to the bill. Darci Butler, representing
themself, testified in opposition to the bill. Misty Brown, representing
themself, testified in opposition to the bill. Mr. Mac Haddow, representing
American Kratom Association, testified in opposition to the bill. The witnesses
answered several questions.
03:56:36 PM  
Luke Klepec, representing Golden Kava Lounge & Herblux Botanicals, testified in opposition to the bill. Mr. Phillip Dvorak, representing themself, testified in opposition to the bill. Ian Kirwan, representing themself, testified in opposition to the bill. Matthew Clark, representing themself, testified in opposition to the bill.
04:07:49 PM  
Mary Szarmach, representing Smoker Friendly, testified in opposition to the bill. Mark Nilson, representing themself, testified in opposition to the bill. Ms. Venus Usher, representing themself, testified in opposition to the bill. Jennifer Gillis, representing themself, testified in opposition to the bill.
04:10:12 PM  
Mr. Ryan Gnieski, representing themself, testified in a neutral position on the bill. Stefano Pelloux, representing themself, was available to answer committee questions. Ms. Michelle Stone-Principato, representing Colorado Department of Revenue - Liquor and Tobacco Enforcement Division, was available to answer committee questions.
04:20:19 PM  
Whitney Smith, representing herself, testified against the bill.


04:25:38 PM
 Motion Adopt amendment L.001 (Attachment C)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Kolker
Mullica
Simpson
Snyder
Exum
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:26:11 PM
 Motion Adopt amendment L.002 (Attachment D)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Kolker
Mullica
Simpson
Snyder
Exum
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:26:11 PM  
Senator Mullica gave some closing remarks.


04:32:23 PM
 Motion Refer Senate Bill 25-072, as amended, to the Committee on Appropriations.
Moved Mullica
Seconded
Bright Yes
Frizell Yes
Gonzales J. Yes
Kolker Yes
Mullica Yes
Simpson Yes
Snyder Yes
Exum Yes
Kipp Yes
Final YES: 9   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


04:33:49 PM   The committee adjourned.






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