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

Attachment Tag

File Name

Attachment A

20SenateState0608AttachA.pdf

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

HB20-1286 - Referred to Senate Appropriations

Colorado General Assembly