CLICS/CLICS2025A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB25-079
SENATE COMMITTEE ON JUDICIARY
Date Feb 19, 2025
Location Old Supreme Court
SB25-079 - Amended, referred to the Committee of the Whole
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| Attachment Tag |
File Name |
| Attachment F |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/B7A3A74A78290CE687258C3C00770F57/$File/Attachment F.pdf?OpenElement
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| Attachment G |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/9439147EBFDDEBE987258C830079A8EC/$File/Attachment G.pdf?OpenElement
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| Attachment H |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/A7AB75385AC1293487258C830079B091/$File/Attachment H - SB079_L.002.pdf?OpenElement
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| Attachment I |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/5362D4DDA584B4F187258C830079B86B/$File/Attachment I - SB079_L.003.pdf?OpenElement
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| Attachment J |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/B8B75413483BADAE87258C830079C0CF/$File/Attachment J - SB079_L.004.pdf?OpenElement
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05:10:29 PM |
Senators Rich and Roberts, co-prime sponsors, presented Senate Bill 25-079, concerning the "Colorado Vending of Digital Assets Act".
The bill sponsors distributed a hand out about crypto currency kiosks (Attachment F). |
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05:26:29 PM |
Mr. Ross Young, representing
Mesa County Sheriff's Office, testified in support of the bill. Tyler Morton,
representing Mesa County Sheriffs Office, testified in support of the bill.
Mr. Michael Blevins, representing Mesa County Sheriff's Office, testified
in support of the bill. Mr. Mark Anderson, representing Mesa County Sheriff's
Office, testified in support of the bill. |
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05:38:50 PM |
Amy Nofziger, representing AARP, testified in support of the bill. Margaret Locke, representing AARP, testified in support of the bill. Eliza Schultz, representing themself, testified in support of the bill. Committee members asked questions about crypto ATMs. |
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05:52:17 PM |
Mr. Kevin Lolli,
representing CoinFlip, testified to amend the bill. Mr. Mark Smalley, representing
Bitcoin Depot, testified to amend the bill. Committee members asked questions
about practices in other states. |
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06:11:56 PM |
Senator Rich explained
Amendment L.001 regarding banking associations and credit unions (Attachment
G). |
06:13:19 PM
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Motion |
Adopt amendment L.001 (Attachment G) |
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| Moved |
Roberts |
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| Seconded |
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Ball |
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Carson |
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Daugherty |
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Frizell |
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Roberts |
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Weissman |
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Gonzales J. |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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06:13:31 PM |
Senator Rich explained
Amendment L.002 (Attachment H). |
06:13:47 PM
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Motion |
Adopt amendment L.002 (Attachment H) |
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| Moved |
Roberts |
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| Seconded |
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Ball |
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Carson |
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Daugherty |
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Frizell |
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Roberts |
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Weissman |
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Gonzales J. |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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06:14:01 PM |
Senator Roberts explained
Amendment L.003 about kiosk screen warnings (Attachment I). |
06:14:44 PM
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Motion |
Adopt amendment L.003 (Attachment I) |
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| Moved |
Roberts |
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| Seconded |
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Ball |
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Carson |
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Daugherty |
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Frizell |
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Roberts |
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Weissman |
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Gonzales J. |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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06:15:31 PM |
Senator Carson explained
Amendment L.004 regarding distinctions between new and existing users
(Attachment J). |
06:17:41 PM
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Motion |
Adopt amendment L.004 (Attachment J) |
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| Moved |
Carson |
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| Seconded |
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Ball |
No |
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Carson |
Yes |
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Daugherty |
No |
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Frizell |
Yes |
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Roberts |
No |
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Weissman |
No |
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Gonzales J. |
No |
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YES: 2 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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06:18:22 PM |
The bill sponsors made closing remarks. |
06:21:28 PM
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Motion |
Refer Senate Bill 25-079, as amended, to the Committee of the Whole. |
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| Moved |
Roberts |
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| Seconded |
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Ball |
Yes |
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Carson |
Yes |
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Daugherty |
Yes |
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Frizell |
Yes |
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Roberts |
Yes |
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Weissman |
Yes |
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Gonzales J. |
Yes |
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Final |
YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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