Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

S_FIN_2022A 02/09/2022 01:34:06 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 02/09/2022
Attendance
Hisey X
Lee X
Pettersen X
Priola X
Scott X
Donovan X
Bridges X
Time 01:34:06 PM to 03:37:35 PM
Place Old Supreme Court
This Meeting was called to order by Bridges
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
SB22-025 Referred to Senate Appropriations
Conf 22-Racing Commission — Colorado Favorably Refer to Full Senate - Consent Calendar
Conf 22-Lottery Commission — Colorado Favorably Refer to Full Senate - Consent Calendar
Conf 22-Securities Board Favorably Refer to Full Senate - Consent Calendar
Conf 22-Banking Board Favorably Refer to Full Senate - Consent Calendar
Conf 22-Financial Services Board Favorably Refer to Full Senate - Consent Calendar
Conf 22-Housing And Finance Authority — Colorado Favorably Refer to Full Senate - Consent Calendar
Conf 22-Public Employees' Retirement Association, Board Of Trustees Favorably Refer to Full Senate - Consent Calendar
SB22-026 Referred to the Committee of the Whole - Consent Calendar
SB22-074 Postponed Indefinitely

01:34:09 PM
Sen. Bridges called the meeting to order.



SB22-025 - Referred to Senate Appropriations
01:34:36 PM  
Sen. Hansen introduced Senate Bill 22-025. The bill requires a study be conducted on the use of security token offerings for financing state capital projects. Sen. Hansen answered several committee questions.
01:37:45 PM  
Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. He answered several committee questions.


01:42:10 PM
 Motion Refer Senate Bill 22-025 to the Committee on Appropriations.
Moved Donovan
Seconded
Hisey Yes
Lee Yes
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



Conf 22-Racing Commission — Colorado - Favorably Refer to Full Senate - Consent Calendar
01:42:59 PM  
Director Donia Amick,
representing the Colorado Racing Commission, introduced appointee Tameka
Sampson.  Ms. Sampson, appointee to the Colorado Racing Commission,
discussed her qualifications to serve on the commission.


01:46:02 PM
 Motion Refer the appointment of Tameka Sampson to the Colorado Racing Commission to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Yes
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



Conf 22-Lottery Commission — Colorado - Favorably Refer to Full Senate - Consent Calendar
01:46:13 PM  
Ms. Jennifer Anderson, representing the Colorado Lottery Commission, introduced Mr. Hanuman. Mr. Arnold Haunuman, appointee to the Colorado Lottery Commission, discussed his qualifications to serve on the commission.


01:52:10 PM
 Motion Refer the appointment of Arnold Hanuman to the Colorado Lottery Commission to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Excused
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



Conf 22-Securities Board - Favorably Refer to Full Senate - Consent Calendar
01:52:35 PM  
Mr. Keith Olivia, appointee to the Securities Board, discussed his qualifications to serve on the board. Mr. Nicholas Budor, appointee to the Securities Board, discussed his qualifications to serve on the board.


02:00:06 PM
 Motion Refer the appointment of Keith Olivia and Nicholas Budor to the Colorado Securities Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Excused
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



Conf 22-Banking Board - Favorably Refer to Full Senate - Consent Calendar
02:00:21 PM  
Mr. Timothy Daly, appointee to the Banking Board, discussed his qualifications to serve on the board. Ms. Laura Miller, appointee to the Banking Board, discussed her qualifications to serve on the board. Mr. David Kelly, appointee to the Banking Board, discussed his qualifications to the serve on the board. Ms. Megan Harmon, appointee to the Banking Board, discussed her qualifications to serve on the board.


02:11:47 PM
 Motion Refer the appointment of Timothy Daly, Laura Miller, Elle Bruno, David Kelly, and Megan Harmon to the Colorado Banking Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Excused
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



Conf 22-Banking Board - Favorably Refer to Full Senate - Consent Calendar


02:12:24 PM
 Motion Refer the appointment of Laura Miller, Elle Bruno, David Kelly, and Megan Harmon to the Colorado Banking Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Excused
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



Conf 22-Financial Services Board - Favorably Refer to Full Senate - Consent Calendar
02:12:41 PM  
Mr. Shane Silvernale, appointee to the Financial Services Board, discussed his qualifications to serve on the board.


02:16:30 PM
 Motion Refer the appointment of Shane Silvernale to the Colorado Financial Services Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Excused
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS



Conf 22-Housing And Finance Authority — Colorado - Favorably Refer to Full Senate - Consent Calendar
02:16:52 PM  
Mr. Cris White, representing
the Colorado Housing and Finance Authority (CHFA), introduced the appointees
to CHFA's Board of Directors .  Ms. Amber Hills, appointee to CHFA,
discussed her qualifications to serve on the board.  Ms. Jennifer
Kermode, appointee to CHFA, discussed her qualifications to serve on the
board. Mr. Steven Cordova, appointee to CHFA, discussed his qualifications
to serve on the board.  Ms. Sylvia Wirba, appointee to CHFA, discussed
her qualifications to serve on the board.  Mr. Nathan Petersen, appointee
to CHFA, discussed his qualifications to serve on the board.
02:33:14 PM  
Mr. White and Ms. Hills answered some committee questions.


02:35:41 PM
 Motion Refer the appointment of Amber Hills, Sylvia Wirba, Jennifer Kermode, Nathan Peterson, and Steven Cordova to the Colorado Housing And Finance Authority to the full Senate with a favorable recommendation and a recommendation that it be placed on the consent calendar and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Yes
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



Conf 22-Public Employees' Retirement Association, Board Of Trustees - Favorably Refer to Full Senate - Consent Calendar
02:36:08 PM  
Director Ron Baker,
representing the Public Employees' Retirement Association (PERA), introduced
the appointee to PERA.  Mr. Norman Franke, appointee to PERA, discussed
his qualifications to serve on the board.


02:40:45 PM
 Motion Refer the appointment of Norman Franke to the Colorado Public Employees' Retirement Association, Board Of Trustees to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Yes
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB22-026 - Referred to the Committee of the Whole - Consent Calendar
02:43:37 PM  
Sens. Ginal and Kirkmeyer
introduced Senate Bill 22-026.  This bill specifies that oil and gas
fractional interest owners are not entitled to separate notification procedures
by the county assessor.
02:44:47 PM  
Mrs. Brenda Dones, representing the Colorado Assessors Association, testified in support of the bill.


02:52:05 PM
 Motion Refer Senate Bill 22-026 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Donovan
Seconded
Hisey Yes
Lee Yes
Pettersen Yes
Priola Yes
Scott Yes
Donovan Yes
Bridges Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB22-074 - Postponed Indefinitely

02:52:17 PM  
Sen. Scott introduced
Senate Bill 22-074.  The bill requires the Colorado Transportation
Commission to contract with a fairness monitor to review and monitor any
projects that are not procured using design-bid-build contracting. The
bill also creates the Contracting Fairness Committee, which must report
its assessment of any recommendations from the fairness monitor to the
Transportation Commission.  Sen. Scott distributed several handouts
(Attachment A, Attachment B, Attachment C, Attachment D, Attachment E,
and Attachment F).
02:53:14 PM  
Ms. Kara Swanson,
representing Move Colorado, testified in opposition to the bill.  Mr.
Andy Karsian, representing the Colorado Department of Transportation (CDOT),
testified in opposition to the bill. They answered several committee questions.
03:20:25 PM  
Mr. Eric Taylor, representing himself, testified in support of the bill.
03:21:16 PM  
Sen. Scott answered several committee questions and made some closing remarks.


03:34:22 PM
 Motion Refer Senate Bill 22-074 to the Committee on Appropriations.
Moved Scott
Seconded
Hisey Yes
Lee No
Pettersen No
Priola No
Scott Yes
Donovan No
Bridges No
YES: 2   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


03:37:20 PM
 Motion Postpone Senate Bill 22-074 indefinitely.
Moved Donovan
Seconded
Hisey No
Lee Yes
Pettersen Yes
Priola Yes
Scott No
Donovan Yes
Bridges Yes
Final YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS


03:37:35 PM   The committee adjourned.






Colorado legislature email addresses ending in @state.co.us are no longer active. Please replace @state.co.us with @coleg.gov for Colorado legislature email addresses. Details

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details