Final
BILL SUMMARY for
HB05-1149
HOUSE
COMMITTEE ON
STATE, VETERANS, & MILITARY AFFAIRS
Votes:
Action Taken:
Moved Amendment L.001. The motion passed without
Moved HB 05-1149 to the Committee of the Whole, as
Pass Without Objection
PASS
03:46 PM -- House Bill 05-1149
Representative Stengel, prime sponsor, explained House Bill 05-1149 which amends the corporations and associations laws, including but not limited to:
• referring a limited liability agreements as an operating agreement throughout statute;
• clarifying when a document becomes effective; and
• increasing the Secretary of State's ability to accept documents electronically.
He provided Amendment L.001 (Attachment C). Representative Stengel explained the bill, section by section. Representative Weissmann indicated that the bill sponsor was allowed to discuss Amendment L.001, prior to it being moved. Representative Stengel continued his explanation of the bill and responded to committee questions.
The following people testified:
04:06 PM --
Allen Sparkman, representing the Colorado Bar Association (CBA), spoke in support of the bill. He provided annotations to House Bill 05-1149 (Attachment D), prepared by a drafting committee of the CBA, Business Law Section. He responded to committee questions.
BILL:
HB05-1149
TIME:
04:19:22 PM
MOVED:
Carroll T.
MOTION:
Moved Amendment L.001. The motion passed without objection.
SECONDED:
Schultheis
VOTE
Cadman
Carroll T.
Coleman
Crane
Gallegos
Liston
Lundberg
Schultheis
Todd
Ragsdale
Weissmann
Not Final
YES:
0
NO:
0
EXC:
0
ABS:
0
FINAL ACTION:
Pass Without Objection
BILL:
HB05-1149
TIME:
04:19:55 PM
MOVED:
Coleman
MOTION:
Moved HB 05-1149 to the Committee of the Whole, as amended, with a favorable recommendation. The motion passed unanimously.
SECONDED:
Liston
VOTE
Cadman
Yes
Carroll T.
Yes
Coleman
Yes
Crane
Yes
Gallegos
Yes
Liston
Yes
Lundberg
Yes
Schultheis
Yes
Todd
Yes
Ragsdale
Yes
Weissmann
Yes
Final
YES:
11
NO:
0
EXC:
0
ABS:
0
FINAL ACTION:
PASS