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First Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For HB25-1224

SENATE COMMITTEE ON FINANCE
Date Apr 1, 2025       Location SCR 357

HB25-1224 - Amended, referred to the Committee of the Whole
02:26:50 PM  
Senator Snyder introduced House Bill 25-1224. The bill modifies the Revised Uniform Unclaimed Property Act in the Department of the Treasury. He answered several committee questions.
02:38:26 PM  
Mr. David Knott, representing United Asset Recovery, Inc., testified in opposition to the bill.
02:41:52 PM  
Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. Alison Morgan, representing the Colorado Bankers Association, testified in a neutral position on the bill. Bianca Gardelli, representing the Colorado Department of Treasury, testified in support of the bill. The witnesses answered several committee questions.
03:03:04 PM  
Mr. Thomas Palmer, representing themself, testified in opposition to the bill.

Written testimony may be found in Attachment A.

03:08:51 PM
 Motion Adopt amendment L.005 (Attachment B)
Moved Snyder
Seconded
Bright
Frizell
Gonzales J.
Kolker
Mullica
Simpson
Snyder
Marchman
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
03:08:53 PM  
The sponsors and committee members made some closing remarks.

03:14:46 PM
 Motion Refer House Bill 25-1224, as amended, to the Committee of the Whole.
Moved Snyder
Seconded
Bright No
Frizell Yes
Gonzales J. Yes
Kolker Yes
Mullica Yes
Simpson Yes
Snyder Yes
Marchman Yes
Kipp Yes
Final YES: 8   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS