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H_BUS_2023A 03/08/2023 12:58:45 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE 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
HB23-1174 Amended, referred to House Appropriations

HB23-1174 - Amended, referred to House Appropriations

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.