H_BUS_2023A 03/08/2023 12:58:45 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR Date 03/08/2023 Attendance Armagost X English X Frizell X Lieder * Lindstedt X Mabrey * Mauro X Taggart X Weinberg X Ricks X Amabile X Time 12:58:45 PM to 02:59:07 PM Place HCR 0112 This Meeting was called to order by Amabile This Report was prepared by Dan Graeve Hearing Items Action Taken hHB23-1174 Amended, referred to House Appropriations HB23-1174 - Amended, referred to House Appropriations Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/95C08836E4EE...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/13B146BA783C...$File/Attachment B.pdf?OpenElement Attachment B.pdf Attachment C http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/D8DA6493B64A...$File/Attachment C.pdf?OpenElement Attachment C.pdf Attachment D http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/64F2EA7399EB...$File/Attachment D.pdf?OpenElement Attachment D.pdf Attachment E http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/CDCC59C8B0D8...$File/Attachment E.pdf?OpenElement Attachment E.pdf Attachment F http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/26B30AA19D59...$File/Attachment F.pdf?OpenElement Attachment F.pdf 12:59:13 PM Representatives Brown and Amabile introduced House Bill 23-1174 to the committee. The bill requires insurers to offer guaranteed replacement cost coverage to homeowners, and requires the Division of Insurance to publish an annual report on replacement costs. 01:03:49 PM Ms. Wendy Wyss, representing themself, testified in support of the bill. 01:12:28 PM Ms. Amy Bach, representing United Policyholders, testified in support of the bill. 01:15:41 PM Lisa Hughes, representing themself, testified in support of the bill. 01:15:43 PM Ms. Barbara Holub, representing themself, testified in support of the bill. 01:20:44 PM Commissioner Rich Cimino, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. 01:20:55 PM Commissioner Tamara Pogue, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. 01:26:12 PM Mayor Guyleen Castriotta, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. 01:26:23 PM Mr. Garry Sanfacon, representing Boulder County, testified in support of the bill. 01:31:52 PM Mr. Donald Fymbo, representing themself, testified in support of the bill. 01:36:59 PM Mr. Matt Gorenc, representing the Denver Metro Chamber of Commerce, testified in opposition to the bill. 01:41:51 PM Mrs. Kelly Campbell, representing the American Property Casualty Insurance Association, testified to amend the bill. 01:43:09 PM Mr. Danny Barnhart, representing themself, testified to amend the bill. 01:45:57 PM Dan Jablan, representing the Rocky Mountain Insurance Association, testified to amend the bill. 01:48:16 PM Mr. Stephen Clarke, representing ISO/Verisk, testified to amend the bill. 01:48:28 PM Mr. Gorenc responded to questions from the committee. 01:51:07 PM Mrs. Campbell responded to questions from the committee. 02:01:35 PM Mr. Patrick Boyle, representing the Colorado Competitive Council, testified to amend the bill. 02:01:52 PM Susan Minamizono, representing the Colorado Trial Lawyers Association, testified in support of the bill. 02:04:52 PM Ms. Jenn Milne, representing the Colorado Trail Lawyers Association, testified in support of the bill. 02:09:28 PM Dr. Steven Sanders, representing themself, testified in support of the bill. 02:09:37 PM Ms. Jenn Kaaoush, representing Superior Rising, testified in support of the bill. 02:17:37 PM Commissioner Mike Conway, representing the Colorado Division of Insurance, testified in support of the bill. 02:19:13 PM Commissioner Conway responded to questions from the committee. 02:31:17 PM Committee discussion continued. 02:32:09 PM All written public testimony can be found in Attachment A. 02:35:12 PM The committee took a recess. 02:38:51 PM The committee came back to order. 02:38:52 PM Representative Amabile introduced amendment L.001 to the committee (Attachment B). 02:40:14 PM Motion Adopt amendment L.008 Moved Amabile Seconded Lindstedt Armagost English Frizell Lieder Lindstedt Mabrey Mauro Taggart Weinberg Ricks Amabile YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:40:15 PM Representative Amabile introduced amendment L.008 (Attachment C) as an amendment to amendment L.001. 02:40:40 PM Motion Adopt amendment L.001 Moved Amabile Seconded Ricks Armagost English Frizell Lieder Lindstedt Mabrey Mauro Taggart Weinberg Ricks Amabile YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:40:41 PM Representative Amabile introduced amendment L.002 to the committee (Attachment D). 02:41:42 PM Motion Adopt amendment L.002 Moved Amabile Seconded Lindstedt Armagost English Frizell Lieder Lindstedt Mabrey Mauro Taggart Weinberg Ricks Amabile YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:41:43 PM Representative Amabile introduced amendment L.006 to the committee (Attachment E). 02:44:22 PM Motion Adopt amendment L.006 Moved Amabile Seconded Lindstedt Armagost English Frizell Lieder Lindstedt Mabrey Mauro Taggart Weinberg Ricks Amabile YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:44:23 PM Representative Amabile introduced amendment L.007 to the committee (Attachment F). 02:49:32 PM Motion Adopt amendment L.007 Moved Amabile Seconded Lindstedt Armagost English Frizell Lieder Lindstedt Mabrey Mauro Taggart Weinberg Ricks Amabile YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 02:49:33 PM The bill sponsors provided final comments on the bill. 02:50:06 PM Committee members provided final comments on the bill. 02:55:58 PM The committee took a brief recess. 02:57:50 PM The committee came back to order. 02:58:55 PM Motion Refer House Bill 23-1174, as amended, to the Committee on Appropriations. Moved Amabile Seconded Mauro Armagost Yes English Yes Frizell Yes Lieder Yes Lindstedt Yes Mabrey Yes Mauro Yes Taggart Yes Weinberg No Ricks Yes Amabile Yes Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS 02:59:07 PM The committee adjourned.