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On Second Reading in the Second House

On Second Reading in the Second House 2026

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Senate Bill 06-187 aims to standardize the rights of creditors, owners, and entities regarding dissolved business entities in Colorado. It clarifies creditor rights for corporations and nonprofit corporations, establishes rules for unlawful distributions in limited liability partnerships and companies, and modifies various definitions and operational aspects of business laws. The bill also expands the authority of the Secretary of State to issue interrogatories to domestic and foreign entities, sets penalties for non-compliance, and includes provisions for the dissolution process and claims against dissolved entities.

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What does house second reader mean?

First reading occurs upon introduction of the bill. Second reading occurs after a bill has been reported to the floor from committee (with or without amendments). Third reading occurs when the measure is about to be taken up on the floor of either house for final passage.

What happens during the second reading?

The second reading debate is opened by a minister who outlines the policies of the bill, and is usually closed by a minister who may respond to issues raised during the debate. The debate culminates in a vote signifying that the bill is agreed to, or rejected, in principle.

What does the second reading of a bill mean?

Second Reading If a bill is reported without amendments, it is read the second time, and then sent to the Engrossing and Enrolling office, where the printed bill is compared with the original bill and, after comparison (called engrossing), the bill is returned to the Assembly or Senate third reading file.

What is the significance of the second reading?

Second reading speeches are particularly useful in determining the historical intent of new and amending legislation. As an aid to statutory interpretation, second reading speeches may be used to discern the underlying purpose or object of a statute.