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S_FIN_2021A 04/21/2021 01:35:57 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 04/21/2021
Attendance
Hisey X
Lee X
Lundeen X
Scott X
Winter X
Bridges X
Pettersen X
Time 01:35:57 PM to 04:47:48 PM
Place Old Supreme Court
This Meeting was called to order by Pettersen
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
SB21-057 Amended, referred to Senate Appropriations
SB21-180 Amended, referred to Senate Appropriations

SB21-057 - Amended, referred to Senate Appropriations

01:37:17 PM  
Sens. Winter and
Gonzales introduced Senate Bill 21-057. The bill expands the Colorado Student
Loan Servicers Act to include requirements for private lenders, creditors,
and collection agencies related to higher education loans. It also increases
protections for borrowers and cosigners.  The sponsors answered several
committee questions.
01:37:18 PM  
All written testimony
recieved by the committee may be found in Attachment A.
01:40:31 PM  
Ms. Morgan Royal, representing New Era Colorado, testified in support of the bill.
01:53:50 PM  
Ms. Karen Cody-Hopkins, representing herself, testified in support of the bill.
01:58:17 PM  
Ms. Kelly Schwandt, representing Atlantis Community, Inc., testified in support of the bill.
02:03:36 PM  
Mr. Ben Vinci, representing himself, testified in opposition to the bill.
02:07:37 PM  
Ms. Arianne Gronowski, representing herself, testified in opposition to the bill.
02:10:36 PM  
Ms. Yosy Janson, representing the Colorado Creditor Bar Association, testified in opposition to the bill.
02:16:10 PM  
Mr. Heath Morgan, representing himself, testified in opposition to the bill.
02:24:10 PM  
Ms. Deborah Wilson, representing the Colorado Creditor Bar Association, testified in opposition to the bill.
02:26:18 PM  
Mr. Austin Elsey, representing FMS Bank, testified in opposition to the bill.
02:30:05 PM  
Mr. Chad Echols, representing several debt collectors in Colorado, testified in opposition to the bill.
02:36:19 PM  
Ms. Makyla Moody, representing the Colorado Creditors Bar Association, testified to amend the bill.
02:37:10 PM  
Mr. Scott Allely,
representing the Associated Collections Agencies of Colorado, testified
to amend the bill.
02:40:50 PM  
Ms. Vicki Lammers, representing the Associated Collections Agencies of Colorado, testified to amend the bill.
02:44:09 PM  
Mr. Richard Gonzales,
representing Colorado Mountain College, answered committee questions.
02:47:11 PM  
Mr. Matthew Gianneschi, representing Colorado Mountain College, testified to amend the bill.
02:47:49 PM  
Mr. Javier Alvarado Vega, representing himself, testified in support of the bill.
02:51:56 PM  
Ms. Laura Valle-Gutierrez, representing Bell Policy Center, testified in support of the bill.
02:55:43 PM  
Ms. Nat Landin, representing herself, testified in support of the bill.
02:59:18 PM  
Ms. Noelle Trueheart, representing herself, testified in support of the bill.
03:04:11 PM  
Ms. Allison Conwell, representing CoPIRG (Colorado Public Interest Research Group), testified in support of the bill.
03:07:02 PM  
Ms. Martha Fulford, representing the Colorado Department of Law, was available to answer committee questions.
03:09:22 PM  
Mr. Seth Frotman,
representing Student Borrower Protection Center, testified in support of
the bill.  Ms. Bonnie Latreille, representing Student Borrower Protection
Center, appeared for questions only.
03:11:35 PM  
Mr. Matthew Ruman, representing himself, testified against the bill.


03:32:49 PM
 Motion Adopt amendment L.002 (Attachment B)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:33:21 PM
 Motion Adopt amendment L.003 (Attachment C)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:33:45 PM
 Motion Adopt amendment L.004 (Attachment D)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:34:01 PM
 Motion Adopt amendment L.006 (Attachment E)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:34:18 PM
 Motion Adopt amendment L.012 (Attachment F)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:34:35 PM
 Motion Adopt amendment L.014 (Attachment G)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:34:51 PM
 Motion Adopt amendment L.015 (Attachment H)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:35:07 PM
 Motion Adopt amendment L.016 (Attachment I)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:35:23 PM
 Motion Adopt amendment L.017 (Attachment J)
Moved Winter
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:44:16 PM
 Motion Refer Senate Bill 21-057, as amended, to the Committee on Appropriations.
Moved Winter
Seconded
Hisey No
Lee Yes
Lundeen No
Scott No
Winter Yes
Bridges Yes
Pettersen Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB21-180 - Amended, referred to Senate Appropriations

03:44:28 PM  
Sen. Priola introduced
Senate Bill 21-180.  The bill creates the Colorado Recycling and Composting
Infrastructure Enterprise within the Department of Public Health and Environment
(CDPHE) to provide financing to recycling and composting infrastructure.
 
03:44:29 PM  
Written testimony
recieved by the committee may be found in Attachment K.
04:03:29 PM  
Mr. Omar Terrie,
representing the American Chemistry Council, testified in support of the
bill.
04:03:50 PM  
Ms. Suzanne Jones, representing Eco-Cycle, testified in opposition to the bill. Mr. Duncan Gilchrist, representing 350 Colorado, testified in opposition to the bill.
04:14:39 PM  
Mr. Vann Fussell,
representing Good Business Colorado, testified in opposition to the bill.
Ms. Meghan MacKillop, representing Colorado Municipal League, testified
in support of several amendments. Mr. Zach Robertson, representing himself,
testified to amend the bill.
04:17:50 PM  
Ms.  Hannah
Collazo, representing Environment Colorado, testified in a neutral position
on the bill.  Ms. Brandy Moe, representing Recycle Colorado, testified
in a neutral position on the bill.
04:27:23 PM  
Ms. Rachel Roussel-Diamond
and Mr. Wolf Kray, representing CDPHE, were available to answer committee
questions.
04:29:50 PM  
Mr. Richard Sweetman,
Legislative Legal Services, came to the table to discuss several proposed
amendments.


04:44:03 PM
 Motion Adopt amendment L.003 (Attachment L)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:45:10 PM
 Motion Adopt amendment L.007 (Attachment M)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:46:17 PM
 Motion Adopt amendment L.008 (Attachment N)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:46:42 PM
 Motion Adopt amendment L.009 (Attachment O)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:47:04 PM
 Motion Adopt amendment L.010 (Attachment P)
Moved Bridges
Seconded
Hisey
Lee
Lundeen
Scott
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:47:28 PM
 Motion Refer Senate Bill 21-180, as amended, to the Committee on Appropriations.
Moved Bridges
Seconded
Hisey Yes
Lee Yes
Lundeen Yes
Scott Yes
Winter Yes
Bridges Yes
Pettersen Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


04:47:48 PM   The committee adjourned.






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