Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

s_jud_2016a_2016-03-02t13:32:34z2 Hearing Summary

Date: 03/02/2016



Final

BILL SUMMARY for SB16-085



SENATE COMMITTEE ON JUDICIARY


Votes: View--> Action Taken:
Refer Senate Bill 16-085 to the Committee of the W PASS







01:42 PM -- SB16-085



Senator Steadman, sponsor, presented Senate Bill 16-085, concerning the Colorado Uniform Trust Decanting Act. Senator Steadman explained specific provisions of the bill.



01:45 PM --
Mr. Stan Kent, representing the Uniform Law Commission, testified in support of the bill. Mr. Kent discussed the relationship between the bill and existing tax law, and stated the reasons for bringing the bill. Mr. Kent responded to questions regarding deadlines and notice provisions in the bill.



01:56 PM --
Mr. Kent responded to questions regarding trustee liability under the bill and the determination of a settlor's intent.



02:02 PM --
Ms. Jessica Broderick, representing the Colorado Bar Association, testified in support of the bill and stated its benefits.





02:04 PM



Senator Steadman provided closing remarks on the bill. Senator Roberts commented on the bill.

BILL: SB16-085
TIME: 02:07:28 PM
MOVED: Merrifield
MOTION: Refer Senate Bill 16-085 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 4-0.
SECONDED:
VOTE
Aguilar
Excused
Cooke
Yes
Merrifield
Yes
Lundberg
Yes
Roberts
Yes
Final YES: 4 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS












COVID-19 Resources
School Finance Poverty Study RFP 2021 (submit by 10 a.m. 8/6/2021)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.