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46E4E1F4A8389F1087258582000C1F27 Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1286

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date Jun 8, 2020      
Location Old Supreme Court Chamber



HB20-1286 - Referred to Senate Appropriations


08:12:26 PM  

Senators Cooke and Story, bill sponsors, presented House Bill 20-1286. The bill continues the regulation of fantasy contests operators for seven years, through September 1, 2027, and implements the recommendations in the sunset report. Specifically, the bill:

  • transfers regulatory authority from the Division of Professions and Occupations in the Department of Regulatory Agencies (DORA) to the Division of Gaming in the Department of Revenue (DOR); and
  • requires small fantasy contest operators complete annual audits by an independent third party and submit the results to the DOR.
08:15:14 PM  

Pete Kirchhof, representing DraftKings and FanDuel, testified in support of the bill.

 

Written testimony submitted for House Bill 20-1286 my be found in Attachment A.



08:17:00 PM
Motion Refer House Bill 20-1286 to the Committee on Appropriations.
Moved Fields
Seconded
Hill Yes
Sonnenberg Yes
Story Yes
Fields Yes
Foote Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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