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H_BUS_2021A 05/26/2021 01:47:16 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date 05/26/2021
Attendance
Amabile X
Bird X
Carver *
Duran X
Lynch *
Mullica X
Neville *
Ricks X
Sandridge X
Snyder X
Van Winkle X
Sullivan X
Roberts X
Time 01:47:16 PM to 02:51:06 PM
Place HCR 0112
This Meeting was called to order by Roberts
This Report was prepared by Luisa Altmann
Hearing Items Action Taken
SB21-091 Amended, referred to House Appropriations
SB21-259 Referred to the Committee of the Whole

SB21-091 - Amended, referred to House Appropriations


01:50:56 PM  
Representatives Bird and Larson introduced Senate Bill 21-091, Credit Transaction Charge Limitations. The bill sponsors provided Amendments L.007 and L.008 (Attachments A and B).

The bill sponsors responded to questions from the committee.

01:54:34 PM  
Adam Fox, representing the Colorado Consumer Health Initiative, testified in opposition to the bill.
01:57:53 PM  
Sara Lipowitz, representing the Colorado Center on Law and Policy, testified in opposition to the bill.
02:00:58 PM  
The witnesses responded to questions from the committee.
02:06:06 PM  
Allison Conwell, representing the Colorado Public Interest Research Group (CoPIRG ), testified in support of the bill.
02:07:43 PM  
Grier Bailey, representing the Colorado Wyoming Petroleum Marketers Association (CWPMA), testified in support of the bill.
02:10:18 PM  
Jonathan Razi, representing CardX, testified in support of the bill.
02:13:38 PM  
The witnesses responded to questions from the committee.
02:19:40 PM  
Kachina Weaver, representing the Colorado Licensed Beverage Association, testified in support of the bill.
02:21:05 PM  
Troy Hill, representing
himself, testified in support of the bill.
02:22:52 PM  
MaryLou Chapman, representing the Rocky Mountain Food Industry Association, testified in support of the bill.
02:24:19 PM  
The witnesses responded to questions from the committee.
02:28:43 PM  
Jenifer Waller, representing the Colorado Bankers Association, testified on the bill from an amend position.
02:30:26 PM  
Additional written
testimony that was submitted to the committee for consideration is provided
as Attachment C.
02:30:56 PM  
The bill sponsors
and committee discussed the potential amendments.


02:31:50 PM
Motion Adopt amendment L.007
Moved Bird
Seconded Duran
Amabile
Bird
Carver
Duran
Lynch
Mullica
Neville
Ricks
Sandridge
Snyder
Van Winkle
Sullivan
Roberts
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


02:32:16 PM
Motion Adopt amendment L.008
Moved Bird
Seconded Duran
Amabile
Bird
Carver
Duran
Lynch
Mullica
Neville
Ricks
Sandridge
Snyder
Van Winkle
Sullivan
Roberts
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
02:32:18 PM  
The bill sponsors and committee members made closing remarks on the bill.


02:40:21 PM
Motion Refer Senate Bill 21-091, as amended, to the Committee on Appropriations.
Moved Bird
Seconded Amabile
Amabile Yes
Bird Yes
Carver Yes
Duran Yes
Lynch Yes
Mullica Yes
Neville Yes
Ricks Yes
Sandridge Yes
Snyder Yes
Van Winkle Yes
Sullivan Yes
Roberts Yes
Final YES: 13   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB21-259 - Referred to the Committee of the Whole


02:40:26 PM  
Representative Bird introduced Senate Bill 21-259, Modify Nonforfeiture Percent Surrender Annuity.

The bill sponsors responded to questions from the committee.

02:46:08 PM  
Keith Mancini, representing Empower Retirement, testified in support of the bill.
02:48:56 PM  
The bill sponsors and committee members made closing remarks on the bill.


02:50:59 PM
Motion Refer Senate Bill 21-259 to the Committee of the Whole.
Moved Sandridge
Seconded Bird
Amabile Yes
Bird Yes
Carver Yes
Duran Yes
Lynch Yes
Mullica Yes
Neville Yes
Ricks Yes
Sandridge Yes
Snyder Yes
Van Winkle Yes
Sullivan Yes
Roberts Yes
Final YES: 13   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:51:06 PM   The committee adjourned.






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