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h_fin_2016a_2016-05-04t13:50:00z4 Hearing Summary

Date: 05/04/2016



Final

BILL SUMMARY for SB16-040



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer Senate Bill 16-040 to the Committee on Appro PASS







03:40 PM -- SB16-040



Representative Pabon, sponsor, introduced Senate Bill 16-040. The reengrossed bill replaces the current statutory definition for owner of a licensed medical or retail marijuana business with two new ownership categories: direct beneficial interest owners and indirect beneficial interest owners. Representative Pabon answered several committee questions.



03:52 PM -- Mr. Ron Kammerzell, representing the Colorado Department of Revenue's Marijuana Enforcement Division, came to the table to answer committee questions.



03:57 PM -- Ms. Clare Pramuk, Legislative Council Staff, came to the table to answer questions regarding the fiscal note.



04:01 PM -- Mr. Kammerzell returned to the table to answer committee questions.

BILL: SB16-040
TIME: 04:11:20 PM
MOVED: Pabon
MOTION: Refer Senate Bill 16-040 to the Committee on Appropriations. The motion passed on a vote of 7-4.
SECONDED: Court
VOTE
Becker K.
Yes
Conti
No
Garnett
Yes
Kagan
Yes
Pabon
Yes
Roupe
Yes
Van Winkle
Yes
Willett
No
Wilson
No
Foote
Yes
Court
No
Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS














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