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Senate Finance

Tuesday, April 14, 2026·3h 50m·▶ Watch / Listen

A securities regulation sunset bill passed with near-unanimity while the three insurance and property tax bills each cleared on 6-3 or 7-2 votes headed to Appropriations.

Key Actions

·HB 26-1188 – Sunset Process, Securities RegulationPassed

+ 3 more actions

Controversies

Whether removing the BPP inflation adjuster in SB 26-116 constitutes a tax increase on businesses

Joe Rowan, representing the Northern Colorado Legislative Alliance, argued SB 26-116 'seeks to raise additional taxes on business that will exacerbate over time as it removes further indexing the exemption to the amount of inflation over time.' Senator Weissman responded: 'Respectfully, I disagree that that part of the bill was ever any business [tax increase]... We were never going to put that back on business.'

+ 3 more controversies

Notable Quotes

“I'm proposing because we're cutting a billion dollars and trying to injure as few people as possible while we do so, that we turn off the inflation adjustment.”

Senator Mike Weissman — Senator Weissman explaining his rationale for the central provision of SB 26-116 — removing the inflation adjuster from the business personal property tax exemption and fixing it at $58,000 — amid a broader legislative budget-cutting effort.

+ 3 more quotes

Votes

Move HB 26-1188 to the Committee on Appropriations with favorable recommendationPassed
Yes (8)Adrienne Benavidez, Lisa Frizell, Chris Kolker, Kyle Mullica, Cleave Simpson, Marc Snyder, Janice Marchman, Cathy Kipp
No (1)Scott Bright
Move SB 26-116 as amended to the Appropriations CommitteePassed
Yes (6)Adrienne Benavidez, Chris Kolker, Kyle Mullica, Marc Snyder, Janice Marchman, Cathy Kipp
No (3)Scott Bright, Lisa Frizell, Cleave Simpson
Move SB 26-049 as amended to the Appropriations CommitteePassed
Yes (7)Scott Bright, Lisa Frizell, Kyle Mullica, Cleave Simpson, Marc Snyder, Janice Marchman, Cathy Kipp
No (2)Adrienne Benavidez, Chris Kolker
Move SB 26-155 as amended to the Committee on AppropriationsPassed
Yes (6)Adrienne Benavidez, Chris Kolker, Kyle Mullica, Marc Snyder, Janice Marchman, Cathy Kipp
No (3)Scott Bright, Lisa Frizell, Cleave Simpson
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TranscriptPreview
Good afternoon. Welcome to Senate Finance. Ms. Ritterbush, will you please take the roll? Senators Benavides. Present. Wright. Here. Frazelle. Excused. Volker. Here. Mullica. Excused. Simpson. Present. Snyder. Here. Marchman. Excused. Madam Chair. Here. Good afternoon, everybody. We are going to be hearing four bills today. HB 26, 1188, House 116, HB 26049 or SB 26 155. I do want to let everybody know that 116 and 49 both have strike belows. If you need a copy of the strike below to know whether you still want to testify, please reach out and we'll attempt to get you one. Okay. And with that, we are going to start with Senator Kolker on HB 26 1188, Sunset Process, securities regulation. Senator Kolker. Oh, one moment, Madam Chair. I appreciate it. Take your time, please. I gotta pull up my notes. Sorry. There it is. Found it. Thank you so much. This, this bill is a sunset bill from the department for the Colorado Securities Act. Establish a framework again from the Colorado securities act for the registration of securities and licensing of securities and professionals that establishes anti fraud provisions related to securities. This particular bill is to continue the act…
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