CLICS/CLICS2025A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB25-167
SENATE COMMITTEE ON FINANCE
Date Apr 1, 2025
Location SCR 357
SB25-167 - Amended, referred to Senate Appropriations
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| Attachment Tag |
File Name |
| Attachment C |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/E2D68F847D3233B587258C62006DCD17/$File/Attachment C.pdf?OpenElement
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| Attachment D |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/87F841C13479C9CF87258C62006DD3A8/$File/Attachment D.pdf?OpenElement
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| Attachment E |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/123D435AB080E0AA87258C62006DDA3F/$File/Attachment E.pdf?OpenElement
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| Attachment F |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/46149FF920EA379D87258C62006DE0CC/$File/Attachment F.pdf?OpenElement
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| Attachment G |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/5BCF53F9D1BDFE2387258C62006DE74E/$File/Attachment G.pdf?OpenElement
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| Attachment H |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/FBDEF755D7BC97CE87258C62006DEE19/$File/Attachment H.pdf?OpenElement
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03:15:03 PM |
Senators Amablie
and Frizell introduced Senate Bill 25-167. The bill creates a community
investment portfolio in the Public School Fund and a loan program in the
Department of Local Affairs. The sponsors answered several committee questions
and discussed possible amendments to the bill. |
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03:40:28 PM |
Dave Young, representing the Colorado Department of Treasury, testified to amend the bill. Karen Kallenberg, representing Habitat for Humanity of Colorado, Inc., testified to amend the bill. Maud Naroll, representing the League of Women Voters of Colorado, testified in opposition to the bill. |
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04:00:26 PM |
Committee discussion with Treasurer Young ensued. |
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04:13:29 PM |
Committee discussion with the witnesses continued. |
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04:19:43 PM |
Zach Martinez, representing
Gary Advocacy, testified in support of the bill. Jerilynn Francis, representing
the Colorado Housing and Finance Authority, testified in support of the
bill. Efren Garcia, representing the Bell Policy Center, testified in support
of the bill. Kate Berger, representing themself, testified in support of
the bill. Mary Wickersham, representing themself, testified in support
of the bill.
Written testimony
may be found in Attachment C.
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04:40:42 PM |
Committee discussion
ensued with the witnesses. |
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04:56:52 PM |
Committee discussion continued. |
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05:19:00 PM |
Matt Bishop, Legislative Council Staff, came to the table to answer committee questions related to the fiscal note. |
05:23:56 PM
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Motion |
Adopt amendment L.003 (Attachment D) |
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| Moved |
Frizell |
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| Seconded |
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Bright |
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Frizell |
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Gonzales J. |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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05:24:21 PM
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Motion |
Adopt amendment L.004 (Attachment E) |
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| Moved |
Frizell |
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| Seconded |
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Bright |
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Frizell |
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Gonzales J. |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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05:27:04 PM
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Motion |
Adopt amendment L.005 (Attachment F) |
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| Moved |
Frizell |
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| Seconded |
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Bright |
Yes |
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Frizell |
Yes |
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Gonzales J. |
No |
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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 |
No |
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Kipp |
Yes |
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YES: 7 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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05:28:21 PM
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Motion |
Adopt amendment L.006 (Attachment G) |
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| Moved |
Frizell |
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| Seconded |
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Bright |
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Frizell |
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Gonzales J. |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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05:28:45 PM
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Motion |
Adopt amendment L.007 (Attachment H) |
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| Moved |
Frizell |
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| Seconded |
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Bright |
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Frizell |
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Gonzales J. |
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Kolker |
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Mullica |
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Simpson |
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Snyder |
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Marchman |
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Kipp |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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05:30:22 PM |
The sponsors and committee members made some closing remarks on the bill. |
05:50:45 PM
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Motion |
Refer Senate Bill 25-167, as amended, to the Committee on Appropriations. |
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| Moved |
Frizell |
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| Seconded |
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Bright |
Yes |
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Frizell |
Yes |
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Gonzales J. |
No |
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Kolker |
No |
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Mullica |
Yes |
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Simpson |
Yes |
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Snyder |
Yes |
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Marchman |
No |
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Kipp |
Yes |
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Final |
YES: 6 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS
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