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537E1EEE3C0155068725857B006C883E Hearing Summary




PUBLIC
BILL SUMMARY For SB20-211

SENATE COMMITTEE ON FINANCE
Date Jun 2, 2020      
Location SCR 357



SB20-211 - Amended, referred to the Committee of the Whole


01:45:30 PM  
The committee reconvened. Senators Gonzales and Winter presented Senate Bill 20-211, which creates a 180-day prohibition on new extraordinary debt collection actions, modifies the thresholds for certain property that are exempt from levy, and amends the formulas for determining the amount of earnings subject to garnishment.
02:23:44 PM  
Alan Greenberg, representing Colorado Creditors
Bar Association, testified in opposition to the bill.
02:31:26 PM  
Brett Riley, representing BC Services, Inc, testified in opposition to the bill.
02:37:40 PM  
Christopher Landers, representing Intergral Recoveries, testified in opposition to the bill.
02:42:00 PM  
Heather Cannon, representing Machol & Johannes, LLC, testified in opposition to the bill.
02:45:30 PM  
Jacques Machol, representing Machol & Johannes, LLC, testified in opposition to the bill.
02:52:11 PM  
James Wolf, representing Stokes & Wolf, P.C. , testified in opposition to the bill.
02:55:40 PM  
Jennifer Mello, representing Receivables Management Association International, testified to amend the bill.
02:56:40 PM  
Sandra Gale, representing Stokes & Wolf, P.C., testified in opposition to the bill.
03:05:34 PM  
Jessi Reid, representing Intergral Recoveries, testified in opposition to the bill.
03:07:49 PM  
Matt Berumen, representing Credit Service Company, testified in opposition to the bill.
03:10:54 PM  
Scott Allely, representing Associated Collections Agencies of Colorado, testified in opposition to the bill.
03:14:05 PM  

Stacy Stein, representing herself, testified in opposition to the bill.

03:18:09 PM  
Yosy Janson, representing self, testified in opposition to the bill.
03:21:26 PM  
Scott Chase, representing Encore Capital Group, testified in opposition to the bill.
03:25:17 PM  
Tyler Jaeckel, representing The Bell Policy Center, testified in support of the bill.
03:26:44 PM  
Jenifer Waller, representing Colorado Bankers Association, testified in opposition to the bill.
03:38:44 PM  
Makyla Moody, representing Colorado Creditors
Bar Association, testified in opposition to the bill.
03:43:31 PM  
Guy Humphries, representing himself, testified in support of the bill.
03:44:16 PM  

Kevin Hutchin, representing himself, testified in opposition to the bill.  Copies of written testimony received on the bill can be found in Attachment B.  Senator Gonzales distributed amendment L.002 (Attachment C).



03:59:55 PM
Motion Adopt amendment L.002
Moved Gonzales
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:09:49 PM
Motion Refer Senate Bill 20-211, as amended, to the Committee of the Whole.
Moved Gonzales
Seconded
Lundeen No
Moreno Yes
Story Yes
Tate No
Woodward No
Hansen Yes
Gonzales Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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