CLICS/CLICS2025A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB25-1201
SENATE COMMITTEE ON FINANCE
Date Mar 18, 2025
Location SCR 357
HB25-1201 - Referred to the Committee of the Whole - Consent Calendar
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| Attachment Tag |
File Name |
| Attachment A |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/26597E7B132E0F4E87258C5100776E50/$File/Attachment A - Combined.pdf?OpenElement
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02:01:56 PM |
Senators Liston and
Hinrichsen introduced House Bill 25-1201. The bill repeals the âMoney
Transmitters Actâ and enacts the âMoney Transmission Modernization Act.â
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02:13:36 PM |
Mr. Ken Boldt, representing
the Division of Banking, testified in support of the bill. Adam Fleisher,
representing The Money Services Round Table, testified in support of the
bill. Ms. Amy Miller, representing ADP, testified in opposition to the
bill. Michael Hannon, representing the Payroll Department, Inc., testified
in support of the bill. The witnesses answered several committee questions.
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02:14:18 PM |
Written testimony may be found in Attachment A. |
02:37:16 PM
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Motion |
Refer House Bill 25-1201 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. |
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| Moved |
Marchman |
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| Seconded |
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Bright |
Yes |
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Frizell |
Yes |
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Gonzales J. |
Yes |
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Kolker |
Yes |
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Mullica |
Yes |
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Simpson |
Yes |
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Snyder |
Yes |
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Marchman |
Yes |
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Kipp |
Yes |
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Final |
YES: 9 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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