s_blt_2017a_2017-03-27t13:08:19z0 Hearing Summary

Date: 03/27/2017

Location: SCR 354

01:08 PM -- SB 17-132



Senator Tate discussed the agenda for the meeting.



01:11 PM



Senator Gardner introduced Senate Bill 17-132, concerning revisions to the uniform law regarding notarial acts. The bill repeals current state laws regulating notaries public and enacts the national uniform law commission's (ULC) revised uniform law on notarial acts, as amended by the ULC in 2016. The bill modernizes notary responsibilities, electronic recording processes, recognition of notarial acts from other jurisdictions, and remedies. The bill also proposes rescheduling the sunset review of notaries law from July 1, 2018 to September 1, 2023.



Senator Gardner distributed amendments L.002 through L.006 (Attachments A, B, C, D and E).



170327 AttachA.pdf170327 AttachB.pdf170327 AttachC.pdf170327 AttachD.pdf170327 AttachE.pdf



01:17 PM -- Steve Brainerd, Colorado Bar Association (CBA), spoke about concerns with the bill as currently drafted.



01:22 PM -- Andy Toft, CBA-Real Estate Section, spoke to the amendments.



01:26 PM -- Herrick Lidstone, CBA-Real Estate Section, spoke about concerns with the bill as currently drafted.



01:31 PM -- Anne McGihon, Colorado Uniform Law Commission, spoke in favor of the ball. Ms. McGihon responded to questions from the committee.



01:34 PM -- Letty Maxfield, CBA - Elder Law Section, spoke neutrally about the bill and discussed the amendments. She responded to questions from the committee.



01:36 PM -- Spencer Crona, CBA - Elder Law Section, spoke neutrally about the bill and discussed the amendments. He responded to questions from the committee.



01:49 PM -- Terry Jones, Colorado Mortgage Lenders Association, spoke in support of the proposed amendments.



01:51 PM -- Dianne Evans, Land Title Association of Colorado, spoke neutrally about the bill. She responded to questions from the committee.



01:54 PM -- Robert Howe, Land Title Association of Colorado, spoke neutrally about the bill. He responded to questions from the committee.



02:06 PM



Senator Gardner discussed the preceding testimony.



02:12 PM -- Tim Griesmer, Colorado Department of State, spoke in favor of the bill. He responded to questions from the committee.



02:17 PM -- Erin Goff, Microsoft, spoke in favor of the bill with amendments. She provided a letter to the committee (Attachment F).



170327 AttachF.pdf



02:19 PM -- Michael Chodos, Notarize, spoke in favor of the bill. He responded to questions from the committee.





02:30 PM



Senator Gardner made closing comments on the merits of the bill.