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PUBLIC
BILL SUMMARY For SB26-118

HOUSE COMMITTEE ON FINANCE
Date Mar 23, 2026       Location HCR 0112

SB26-118 - Referred to the Committee of the Whole


02:22:11 PM  
Representative Clifford provided introductory remarks for Senate Bill 26-118. The bill requires financial institutions holding funds designated for a charitable organization upon the death of a donor to pay the funds to the charitable organization within a set timeframe. The bill sponsors responded to questions from the committee.
02:29:08 PM  
Mr. Jon Kraus, representing the University of Denver, testified in support of the bill. Jamie Mager, representing the University of Colorado, testified in support of the bill. Theresa Garcia, representing the Colorado Public Radio, testified in support of the bill. Jack Murphy, representing the Colorado Nonprofit Association, testified in support of the bill.
02:36:07 PM  
Alison Morgan, representing the Colorado Bankers Association, testified in support of the bill. Ms. Naomi Amaha, representing The Denver Foundation, testified in support of the bill. Mrs. Ashleigh Leader, representing themself, testified in support of the bill. Ms. Jessica Zeidman, representing the Jewish Family Service of Colorado, testified in support of the bill. The panel responded to questions from the committee.
02:47:21 PM  
The bill sponsor provided closing remarks on Senate Bill 26-118.

02:49:30 PM
Motion Refer Senate Bill 26-118 to the Committee of the Whole.
Moved Titone
Seconded Gonzalez R.
Brooks Yes
Camacho Yes
DeGraaf No
Garcia Yes
Gonzalez R. Yes
Hartsook Excused
Marshall Yes
Stewart R. Yes
Zokaie Yes
Titone Yes
Woodrow Yes
Final YES: 9   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS