AB752C9698C6BDCF87258582007178C6 Hearing Summary

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

SB20-200 - Amended, referred to House Appropriations

Colorado General Assembly