Date: 04/16/2015

Final
BILL SUMMARY for HB15-1261

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Adopt amendment L.004 (Attachment A). The motion p
Refer House Bill 15-1261, as amended, to the Commi		Pass Without Objection
PASS



11:58 AM -- HB15-1261

Representative Court, chair, called the meeting to order. Representative Young, sponsor, introduced House Bill 15-1261. The bill, recommended by the Joint Budget Committee, makes changes to state law governing the amount that may be held in reserve in cash funds that collect revenue from fees. The changes apply only to cash funds which collect revenue from fees that can be adjusted by a state agency. Fees set in statute are exempted from the target reserve requirement under current law, and would remain exempt from the maximum reserve requirement under the bill. Representative Young distributed amendment L.004 (Attachment A).

15HouseFinance0416AttachA.pdf15HouseFinance0416AttachA.pdf

11:59 AM -- Mr. Alfredo Kemm, Joint Budget Committee Staff, came to the table to discuss the bill and answer committee questions.
BILL:HB15-1261
TIME: 12:02:29 PM
MOVED:Foote
MOTION:Adopt amendment L.004 (Attachment A). The motion passed without objection.
SECONDED:Kagan
VOTE
Becker K.
Conti
Garnett
Kagan
Pabon
Excused
Priola
Roupe
Van Winkle
Wilson
Foote
Court
Excused
YES: 0 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:HB15-1261
TIME: 12:04:02 PM
MOVED:Becker K.
MOTION:Refer House Bill 15-1261, as amended, to the Committee of the Whole. The motion passed on a vote of 9-0.
SECONDED:Foote
VOTE
Becker K.
Yes
Conti
Yes
Garnett
Yes
Kagan
Yes
Pabon
Excused
Priola
Yes
Roupe
Yes
Van Winkle
Yes
Wilson
Yes
Foote
Yes
Court
Excused
Final YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS