Date: 03/11/2009

Final
BILL SUMMARY for SB09-157

HOUSE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer Senate Bill 09-157 to the Committee of the WPASS



01:40 PM -- Senate Bill 09-157 - Concerning the Retirement Plan Eligibility of Specified Employees of the University of Colorado

Representative Hullinghorst, prime sponsor, explained that Senate Bill 09-157 specifies that certain employees of the University of Colorado shall be members of the university's retirement plan. These employees include the university president, chancellors, deans, other professionals exempt from the state personnel system, and faculty as determined by the board of regents. She concluded noting that new employees who are members of the Public Employees' Retirement Association (PERA) may choose either to be active members of PERA or to participate in the university's plan. After a brief committee discussion, the committee heard testimony.

The following person testified:

01:42 PM -- Mr. Jeremy Hueth, Managing Associate University Counsel, University of Colorado, testified in support of the bill and said that it clarifies existing law.


01:48 PM
BILL:SB09-157
TIME: 01:48:17 PM
MOVED:Kefalas
MOTION:Refer Senate Bill 09-157 to the Committee of the Whole. The motion passed on a 11-0 vote.
SECONDED:Benefield
VOTE
Apuan
Yes
Benefield
Yes
Gerou
Yes
Kefalas
Yes
Kerr A.
Yes
Lambert
Yes
Roberts
Yes
Summers
Yes
Swalm
Yes
Frangas
Yes
Judd
Yes
Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS