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9A49B515009632E7872584FC00747F70 Hearing Summary




PUBLIC
BILL SUMMARY For SB20-047

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Jan 27, 2020      
Location Old Supreme Court Chamber



SB20-047 - Referred to the Committee of the Whole - Consent Calendar


02:12:31 PM  

Senator Williams and Senator Tate introduced Senate Bill 20-047 concerning the definition of real estate appraisal.  The bill exempts an agent of a financial institution or its affiliate from the definition of real estates appraiser when his or her analysis is used for internal purposes only.  This exemption conforms with federal law.

02:16:10 PM  

Krysta Gerstner, First Bank, spoke in favor of the bill.

02:17:17 PM  

Jenifer Waller, Colorado Bankers Association, spoke in favor of the bill.

02:17:34 PM  

Michael Van Norstrand, Independent Bankers of Colorado, spoke in favor of the bill.



02:20:34 PM
Motion Refer Senate Bill 20-047 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Williams A.
Seconded
Priola Yes
Story Yes
Tate Yes
Danielson Yes
Williams A. Yes
Final YES: 5   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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