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s_fin_2016a_2016-03-03t10:16:10z1 Hearing Summary

Date: 03/03/2016



Final

BILL SUMMARY for HB16-1284



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Adopt amendment L.013 (Attachment A). The motion p

Refer House Bill 16-1284, as amended, to the Commi
PASS

PASS







10:20 AM -- HB16-1284



Senators Hill and Garcia, co-prime sponsors, presented House Bill 16-1284, which requires that the Public Employees' Retirement Association (PERA) take steps to identify all companies that have economic prohibitions against Israel. A list of these companies, referred to as restricted companies, is to be compiled by January 1, 2017, and updated biannually thereafter. PERA is required to notify each restricted company of its status in writing and to remove companies that cease to have prohibitions. Senator Hill distributed Amendment L.013 (Attachment A).



16SenateFin0303AttachA.pdf16SenateFin0303AttachA.pdf



10:25 AM --
Mr. Saadia Behar, representing himself, testified in opposition to the bill.



10:30 AM --
Mr. Larry Grimm, representing himself, testified in opposition to the bill.



10:34 AM --
Mr. Neal Feldman, representing the Jewish Voice for Peace, testified in opposition to the bill. Mr. Feldman distributed a fact sheet about the bill (Attachment B).



16SenateFin0303AttachB.pdf16SenateFin0303AttachB.pdf



10:38 AM --
Professor Jonathan Adelman, representing himself, testified in support of the bill.



10:43 AM --
Mr. Gregory Smith, Executive Director of PERA, testified in opposition to the bill. Mr. Smith responded to questions from the committee.



10:46 AM --
Ms. Debbie Kreuser, representing herself as a PERA member, testified in opposition to the bill.



10:51 AM --
Mr. Terry Burnsed, representing Coloradans for Justice in Palestine, testified in opposition to the bill.



10:54 AM --
Mr. Doug Seserman, representing Jewish Colorado, testified in support of the bill. Mr. Seserman responded to a question from the committee. Discussion ensued about businesses in the region.



11:01 AM --
Ms. JoAnn Wacker-Farrand, representing several organizations, testified in opposition to the bill. Ms. Wacker-Farrand passed out and discussed a fact sheet that was previously distributed to the committee (see Attachment B).



11:06 AM --
Ms. Carla Henebry, representing Coloradans for Justice in Palestine, testified in opposition to the bill.



11:09 AM --
Ms. Jan Miller, representing Friends of Sabeel, testified in opposition to the bill.



11:13 AM --
Ms. Denise Maes, representing ACLU of Colorado, testified in opposition to the bill.



11:17 AM --
Mr. Stan Current, representing Jewish Voice for Peace, testified in opposition to the bill.



11:21 AM --
Mr. Ben Lusher, representing the Jewish Community Relations Council, testified in support of the bill.





11:26 AM



Senators Hill and Garcia responded to the witness testimony and made closing remarks on the bill.

BILL: HB16-1284
TIME: 11:28:17 AM
MOVED: Hill
MOTION: Adopt amendment L.013 (Attachment A). The motion passed on a vote of 4-1.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
No
Hill
Yes
Neville T.
Yes
YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS


BILL: HB16-1284
TIME: 11:35:30 AM
MOVED: Hill
MOTION: Refer House Bill 16-1284, as amended, to the Committee of the Whole. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS







11:36 AM



The committee adjourned.




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