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s_sa_2016a_2016-04-27t13:31:30z7 Hearing Summary

Date: 04/27/2016



Final

BILL SUMMARY for HB16-1293



SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS


Votes: View--> Action Taken:
Postpone House Bill 16-1293 indefinitely using a r

Refer House Bill 16-1293 to the Committee on Appro
PASS

FAIL







06:17 PM -- HB16-1293



Senator Holbert presented House Bill 16-1293 to the committee. This bill, as amended by the House Transportation and Energy Committee, requires automobile insurers to submit to the Department of Revenue (DOR) a statement notifying DOR when a motor vehicle:



has been damaged and needs repairs exceeding the vehicle's value; or

has been designated by the insurer as a total loss.



Upon receipt of this statement from the insurer, the DOR must:



notify the owner and all lienholders and provide each with a copy of the statement;

issue a new title branded with "insurance loss," or a salvage title if the statement includes facts that qualify the vehicle as a salvage vehicle; and

note on the title any unreleased liens and deliver the title to the senior lienholder or the owner with a demand that the original title be surrendered.



06:22 PM --
Stan Martin, representing the Colorado Independent Automobile Dealers Association, testified in support of the bill.



06:26 PM --
Paul Bjork, representing himself, testified in support of the bill.



06:38 PM --
Todd O'Connell, representing Colorado Independent Automobile Dealers Association, testified in support of the bill and provided two handouts (Attachments L and M).



16SenateState0427AttachL.pdf16SenateState0427AttachL.pdf 16SenateState0427AttachM.pdf16SenateState0427AttachM.pdf



06:47 PM



Senator Holbert wrapped up his presentation to the committee.

BILL: HB16-1293
TIME: 06:47:50 PM
MOVED: Sonnenberg
MOTION: Refer House Bill 16-1293 to the Committee on Appropriations. The motion failed on a vote of 2-3.
SECONDED:
VOTE
Hill
No
Jones
Yes
Ulibarri
Yes
Sonnenberg
No
Scott
No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL






BILL: HB16-1293
TIME: 06:52:18 PM
MOVED: Sonnenberg
MOTION: Postpone House Bill 16-1293 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2.
SECONDED:
VOTE
Hill
Yes
Jones
No
Ulibarri
No
Sonnenberg
Yes
Scott
Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS







06:54 PM



The committee adjourned.




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