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s_fin_2017a_2017-02-16t10:06:26z2 Hearing Summary

Date: 02/16/2017

Location: SCR 357

Final

BILL SUMMARY for SB17-125



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer Senate Bill 17-125 to the Committee of the W PASS







10:42 AM -- SB17-125



Senator Guzman, prime sponsor, presented Senate Bill 17-125, which allows exonerated persons eligible to receive compensation from the state to receive a lump sum payment in lieu of annual payments at any point after at least one annual payment is made. Under the bill, the exonerated person must provide written notice to the State Court Administrator in the Judicial Department, the Governor, and the General Assembly of his or her intent to receive a lump sum payment. The exonerated person must submit documentation that he or she has completed a personal financial management course and that he or she has acquired and is committed to maintaining a qualified health insurance plan. Following the receipt of the required documentation, the state has up to one year to pay the lump sum payment.





10:45 AM



The committee recessed.





10:51 AM



The committee reconvened.

BILL: SB17-125
TIME: 10:52:03 AM
MOVED: Court
MOTION: Refer Senate Bill 17-125 to the Committee of the Whole. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kerr
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS














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