Location:
Final
BILL SUMMARY for SB16-184
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
BILL SUMMARY for SB16-184
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Adopt amendment L.002 (Attachment B) to Senate Bil Postpone Senate Bill 16-184 indefinitely. The mot Refer Senate Bill 16-184 to the Committee of the W |
FAIL PASS FAIL |
03:13 PM -- SB16-184
Representative Willett, sponsor, presented Senate Bill 16-184 to the committee. Beginning on January 1, 2017, this bill eliminates the minimum amount of post-judgment interest. It also requires that interest on damages for personal injuries caused by tort be the same rate as post-judgment interest. It changes the date by which the Secretary of State is to establish the annual rate of post-judgment interest from December 31 to January 2 of each year.
Committee members discussed the bill with Representative Willett.
03:21 PM -- Jeff Ruebel, representing the Colorado Defense Lawyers Association and the Colorado Civil Justice League, testified in support of the bill and responded to committee member questions.
03:25 PM -- Ross Pulkrabek, representing the Colorado Trial Lawyers Association, testified against the bill and respond to committee member questions.
03:31 PM -- Kelly Campbell, representing the Property and Casualty Insurers Association, testified in support of the bill.
03:34 PM -- Thomas Neville, representing the Colorado Trial Lawyers Association, testified against the bill and responded to committee member questions.
03:40 PM
Representative Tyler offered amendment L.002 (Attachment B) and discussed the amendment.
03:41 PM
The committee recessed.
03:43 PM
The committee reconvened.
| BILL: | SB16-184 | |
| TIME: | 03:43:14 PM | |
| MOVED: | Tyler | |
| MOTION: | Adopt amendment L.002 (Attachment B) to Senate Bill 16-184. The motion failed on a vote of 4-5. | |
| SECONDED: | Primavera | |
VOTE |
||
Foote |
No |
|
Humphrey |
No |
|
Leonard |
No |
|
Neville P. |
No |
|
Primavera |
Yes |
|
Tyler |
Yes |
|
Wist |
No |
|
Lontine |
Yes |
|
Ryden |
Yes |
|
YES: 4 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL
| ||
03:43 PM
Representative Willet wrapped up his presentation of the bill.
| BILL: | SB16-184 | |
| TIME: | 03:46:09 PM | |
| MOVED: | Neville P. | |
| MOTION: | Refer Senate Bill 16-184 to the Committee of the Whole. The motion failed on a vote of 4-5. | |
| SECONDED: | Humphrey | |
VOTE |
||
Foote |
No |
|
Humphrey |
Yes |
|
Leonard |
Yes |
|
Neville P. |
Yes |
|
Primavera |
No |
|
Tyler |
No |
|
Wist |
Yes |
|
Lontine |
No |
|
Ryden |
No |
|
YES: 4 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL
| ||
| BILL: | SB16-184 | |
| TIME: | 03:46:30 PM | |
| MOVED: | Lontine | |
| MOTION: | Postpone Senate Bill 16-184 indefinitely. The motion passed on a vote of 5-4. | |
| SECONDED: | Foote | |
VOTE |
||
Foote |
Yes |
|
Humphrey |
No |
|
Leonard |
No |
|
Neville P. |
No |
|
Primavera |
Yes |
|
Tyler |
Yes |
|
Wist |
No |
|
Lontine |
Yes |
|
Ryden |
Yes |
|
Final YES: 5 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS
| ||