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AB752C9698C6BDCF87258582007178C6 Hearing Summary




PUBLIC
BILL SUMMARY For SB20-200

HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date Jun 9, 2020      
Location HCR 0112



SB20-200 - Amended, referred to House Appropriations


02:39:27 PM  

Speaker Becker, co-prime bill sponsor, presented Senate Bill 20-200. The bill directs the Colorado Secure Savings Program Board to implement the Colorado Secure Savings Program.  Speaker Becker answered questions from the committee.

02:46:57 PM  

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

02:57:36 PM  

Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in opposition to the bill.  He also provided written testimony to the committee (Attachment A).

02:57:37 PM  

Written testimony was submitted to the committee (Attachments B through J).

03:02:23 PM  

Speaker Becker explained amendment L.012 (Attachment K).  Treasurer Young answered questions from the committee.



03:05:36 PM
Motion Adopt amendment L.012 (Attachment K).
Moved Duran
Seconded Lontine
Duran
Hooton
Humphrey
Lontine
Neville
Rich
Woodrow
Jaquez Lewis
Kennedy
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
03:05:44 PM  

Speaker Becker explained amendment L.013 (Attachment L).  She answered questions from the committee.



03:08:20 PM
Motion Adopt amendment L.013 (Attachment L).
Moved Duran
Seconded Hooton
Duran Yes
Hooton Yes
Humphrey Yes
Lontine Yes
Neville No
Rich Yes
Woodrow Yes
Jaquez Lewis Yes
Kennedy Yes
YES: 8   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS
03:08:21 PM  

Speaker Becker provided concluding remarks about the bill.



03:10:05 PM
Motion Refer Senate Bill 20-200, as amended, to the Committee on Appropriations.
Moved Duran
Seconded Woodrow
Duran Yes
Hooton Yes
Humphrey No
Lontine Yes
Neville No
Rich No
Woodrow Yes
Jaquez Lewis Yes
Kennedy Yes
Final YES: 6   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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