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h_bus_2017a_2017-02-16t13:34:40z0 Hearing Summary

Date: 02/16/2017

Location: LSB A

Final

BILL SUMMARY for HB17-1157



HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR


Votes: View--> Action Taken:
Refer House Bill 17-1157 to the Committee of the W PASS







01:35 PM -- HB 17-1157



The committee sang happy birthday to Representative Nordberg.



Representative Kraft-Tharp and Representative Nordberg presented House Bill 17-1157. Under current law, a certificate of trust must be provided to a bank when a deposit account is opened by a person acting as a trustee and must include certain information. The bill requires that a certificate of trust be provided for any bank transaction and expands the information that must be on a certificate of trust.



The sponsors responded to questions from the committee.



01:39 PM --
John Knoeckel, ANB Bank, testified in support of the bill.



01:42 PM --
Jenifer Waller, Colorado Bankers Association, testified in support of the bill.


BILL: HB17-1157
TIME: 01:43:11 PM
MOVED: Kraft-Tharp
MOTION: Refer House Bill 17-1157 to the Committee of the Whole. The motion passed on a vote of 12-0.
SECONDED: Navarro
VOTE
Arndt
Yes
Coleman
Yes
Garnett
Yes
Gray
Yes
Navarro
Yes
Nordberg
Yes
Rosenthal
Yes
Sias
Yes
Thurlow
Excused
Van Winkle
Yes
Williams D.
Yes
Winter
Yes
Kraft-Tharp
Yes
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS














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