16FE2FE7FD4E057A8725881A006B5635 Hearing Summary

PUBLIC
BILL SUMMARY For SB22-025

HOUSE COMMITTEE ON FINANCE
Date Apr 4, 2022
Location HCR 0112

SB22-025 - Amended, referred to House Appropriations

Attachment Tag

File Name

Attachment

01:32:31 PM

Representatives Bird and McCluskie, co-sponsors, presented Senate Bill 22-025. The bill requires a study be conducted on the use of security token offerings for financing state capital projects. They distributed amendment L.002 (Attachment A).

01:40:34 PM

The sponsors responded to questions from the committee.

01:47:20 PM

Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. He responded to questions from the committee.

02:06:53 PM

Committee discussion with Treasurer Young continued.

02:10:35 PM

Jason Gelender, representing the Office of Legislative Legal Services, came to the table to respond to committee questions.

02:17:57 PM

Representative Benavidez discussed amendment L.002 with the sponsors and Mr. Gelender.

02:20:30 PM	Motion	Adopt amendment L.002 (Attachment A).
	Moved	Bird
	Seconded	Gray

	Benavidez
	Daugherty
	Gray
	Kipp
	Luck
	Rich
	Sandridge
	Soper
	Tipper
	Snyder
	Bird
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

02:20:34 PM

The sponsors provided
closing remarks and asked for a favorable recommendation. Members
of the committee commented about their positions on the bill.

02:27:39 PM	Motion	Refer Senate Bill 22-025, as amended, to the Committee on Appropriations.
	Moved	Bird
	Seconded	Gray

	Benavidez	Yes
	Daugherty	Yes
	Gray	Yes
	Kipp	Yes
	Luck	No
	Rich	No
	Sandridge	No
	Soper	No
	Tipper	Yes
	Snyder	Yes
	Bird	Yes
	Final	YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB22-025 - Amended, referred to House Appropriations

Colorado General Assembly