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PUBLIC
BILL SUMMARY For HB25-1329

HOUSE COMMITTEE ON JUDICIARY
Date Apr 15, 2025       Location HCR 0107

HB25-1329 - Amended, referred to the Committee of the Whole


06:04:53 PM  
Representatives Soper and Mabrey, prime sponsors, presented House Bill 25-1329, concerning foreign third-party litigation financing for civil actions. Representative Soper explained the effect of the bill and discussed its need. Representative Mabrey provided further background on the bill and information concerning its effect.
06:17:20 PM  
Mrs. Loren Furman, representing Colorado Chamber of Commerce, testified in support of the bill.  Larry Hudson, representing Colorado Chamber of Commerce, testified in support of the bill.  Julie Whitacre, representing Colorado Trial Lawyers Association, testified in support of the bill.

Discussion ensued regarding how parties financing litigation access national security information, and reporting requirements under HB 25-1329.
06:17:20 PM  
Mrs. Loren Furman, representing Colorado Chamber of Commerce, testified in support of the bill.  Larry Hudson, representing Colorado Chamber of Commerce, testified in support of the bill.  Julie Whitacre, representing Colorado Trial Lawyers Association, testified in support of the bill.

Discussion ensued regarding how parties financing litigation access national security information, and reporting requirements under HB 25-1329.
06:26:50 PM  
Representative Mabrey explained the effect of amendment L.001 (Attachment A).

06:27:30 PM
Motion Adopt amendment L.001 (Attachment A)
Moved Mabrey
Seconded Garcia
Armagost
Caldwell
Clifford
Espenoza
Garcia
Keltie
Martinez
Soper
Zokaie
Bacon
Mabrey
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
06:27:52 PM  
Representatives Mabrey and Soper explained the effect of amendment L.002 (Attachment B).

06:29:10 PM
Motion Adopt amendment L.002 (Attachment B)
Moved Mabrey
Seconded Zokaie
Armagost
Caldwell
Clifford
Espenoza
Garcia
Keltie
Martinez
Soper
Zokaie
Bacon
Mabrey
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
06:29:12 PM  
Representatives Mabrey and Soper provided closing remarks in support of HB 25-1329.

06:31:51 PM
Motion Refer House Bill 25-1329, as amended, to the Committee of the Whole.
Moved Soper
Seconded Mabrey
Armagost Yes
Caldwell Yes
Clifford Yes
Espenoza Yes
Garcia Yes
Keltie Yes
Martinez Yes
Soper Yes
Zokaie Yes
Bacon Yes
Mabrey Yes
Final YES: 11   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS