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0D45D6FC1B16E2C0872587EC00818E5E Hearing Summary




PUBLIC
BILL SUMMARY For HB22-1053

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Feb 17, 2022      
Location HCR 0112



HB22-1053 - Amended, referred to House Appropriations
04:35:08 PM  
Representative D.
Valdez, bill sponsor, introduced House Bill 22-1053, Blockchain Agriculture
& Uniform Commercial Code.  The bill requires the Commissioner
of Agriculture to develop an online educational program for agricultural
producers about the benefits of blockchain technology, and addresses the
treatment of digital assets in the Uniform Commercial Code and courts.



Representative Valdez provided Amendment L.004 (Attachment K).
04:40:38 PM  
Andrew Toft, representing the Colorado Bar Association, testified to amend the bill.
04:41:09 PM  
Ed Smith, representing the Uniform Law Commission, testified in opposition to the bill.

John McGarvey, representing the Uniform Law Commission, testified in opposition to the bill.

Ben Orzeske, representing the Uniform Law Commission, testified in opposition to the bill.
04:42:54 PM  
James Foy, representing Hispanics In Technology, testified in support of the bill.
04:47:14 PM  
Yev Muchnik, representing Launch Legal, testified in support of the bill.
04:48:19 PM  
Tim Volberding, representing the Colorado Farm Bureau, testified in support of the bill.


04:51:30 PM
 Motion Adopt amendment L.004
Moved Sullivan
Seconded Duran
Amabile
Bird
Carver
Duran
Lynch
Mullica
Ricks Excused
Sandridge
Snyder
Van Beber
Van Winkle
Sullivan
Roberts
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
04:51:31 PM  
Representative D. Valdez made closing remarks on the bill.
04:52:50 PM  
Committee members made closing remarks on the bill.


04:55:31 PM
 Motion Refer House Bill 22-1053, as amended, to the Committee on Appropriations.
Moved Sullivan
Seconded Bird
Amabile Yes
Bird Yes
Carver Yes
Duran Yes
Lynch Yes
Mullica Yes
Ricks Excused
Sandridge No
Snyder Yes
Van Beber Yes
Van Winkle No
Sullivan Yes
Roberts Yes
Final YES: 10   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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