5014F98CB620AB61872583AF0063765E Hearing Summary CLICS/CLICS2019A/commsumm.nsf PUBLICBILL SUMMARY For SB19-138SENATE COMMITTEE ON FINANCEDate Feb 28, 2019 Location LSB B SB19-138 - Amended, referred to the Committee of the Whole Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/08595BB5E006...$File/190228 AttachF.pdf?OpenElement 190228 AttachF.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/0B6FC20EF69A...$File/190228 AttachE.pdf?OpenElement 190228 AttachE.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/AE4C961A17DF...$File/190228 AttachD.pdf?OpenElement 190228 AttachD.pdf 11:06:27 AM Senator Winter, bill sponsor, introduced Senate Bill 19-138. The bill allows contractors to make claims against bonds for public-private partnerhip (P3) projects. Senator Priola, bill sponsor, also commented. 11:08:50 AM Scott Deering, American Subcontractors Association, testified in support of the bill. Mr. Deering responded to questions from the committee regarding bonding requirements for P3 projects and how subcontractors would be impacted by the bill. 11:18:49 AM Jeff Johnston, Colorado Roofing Association, testified in support of the bill. 11:22:29 AM Caitlin Quander, NAIOP, the Commercial Real Estate Development Association, gave neutral testimony. 11:26:50 AM Senator Winter described amendment L.001 (Attachment D). The amendment clarifies the type of construction projects for which bonding can apply. 11:27:08 AM Motion Adopt amendment L.001 (Attachment D) Moved Court Seconded Lundeen Moreno Tate Todd Woodward Gonzales Court YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:27:09 AM Senator Winter described amendment L.002 (Attachment E). The amendment clarifies what public property means in the bill. 11:27:43 AM Motion Adopt amendment L.002 (Attachment E) Moved Court Seconded Lundeen Moreno Tate Todd Woodward Gonzales Court YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:28:02 AM Senator Winter described amendment L.003 (Attachment F). The amendment adds a legislative declaration to clarify the intent of the bill. 11:28:20 AM Motion Adopt amendment L.003 (Attachment F) Moved Court Seconded Lundeen Moreno Tate Todd Woodward Gonzales Court YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:28:40 AM The bill sponsors made closing comments on the bill. Committee members made comments on the bill. 11:32:40 AM Motion Refer Senate Bill 19-138, as amended, to the Committee of the Whole. Moved Court Seconded Lundeen Yes Moreno Yes Tate Yes Todd Yes Woodward Yes Gonzales Yes Court Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS