Date: 04/21/2015

Final
BILL SUMMARY for SB15-029

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View--> Action Taken:
Refer Senate Bill 15-029 to the Committee on ApproPASS



02:01 PM -- SB 15-029

Representative Melton, sponsor, introduced Senate Bill 15-029. The bill requires the Office of the State Auditor (OSA) to coordinate a study concerning the structure and tax consequences of current volunteer firefighter pension plans (VFPPs) in Colorado. The OSA must develop a request for proposals and select a nationally-recognized law firm as the contractor with the assistance of the Fire and Police Pension Association and the Department of Local Affairs. The contractor will produce a report, which will include specific areas of study concerning the VFPPs and will serve as the basis for recommendations to be developed by the state agencies involved.

02:02 PM -- Kevin Lindahl, Fire and Police Pension Association (FPPA), testified in support of the bill. Mr. Lindahl responded to questions from the committee.

02:13 PM

Representative Melton made closing remarks regarding the bill.

Representative Garnett and Representative Keyser requested to be excused from the vote pursuant to House Rule 21 (c).
BILL:SB15-029
TIME: 02:14:09 PM
MOVED:Kraft-Tharp
MOTION:Refer Senate Bill 15-029 to the Committee on Appropriations. The motion passed on a vote of 8-3.
SECONDED:Williams
VOTE
Arndt
Yes
Garnett
Keyser
Navarro
No
Nordberg
Yes
Pabon
Yes
Rosenthal
Yes
Roupe
Yes
Tate
No
Thurlow
No
Winter
Yes
Kraft-Tharp
Yes
Williams
Yes
Final YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS