Representatives Soper and Titone, co-prime sponsors, presented House Bill 25-1224. The bill modifies the Revised Uniform Unclaimed Property Act in the Department of the Treasury. The bill sponsors distributed a fact sheet (Attachment A), amendment L.001 (Attachment B), and amendment L.002 (Attachment C).

The bill sponsors responded to questions from the committee.

Colorado State Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. Bianca Gardelli, representing the Colorado Department of Treasury, testified in support of the bill. Elizabeth Haskell, representing the Colorado Municipal League, testified to amend the bill. Alison Morgan, representing Colorado Bankers Association, testified to amend the bill. The panel of witnesses responded to committee questions.

The bill sponsors wrapped up their presentation of the bill and asked for a favorable recommendation.