2972F6DB90AB198487258AE400636CCF Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For SUNSET HEARING - DIVISION OF FINANCIAL SERVICESHOUSE COMMITTEE ON FINANCEDate Mar 18, 2024 Location HCR 0112 Sunset Hearing - Division of Financial Services - Darft Bill Introduced Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/9AEB5AFF671E...$File/Attachment A 2023SunsetFinancialServices.pdf?OpenElement Attachment A 2023SunsetFinancialServices.pdf http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/1BA62F564B5F...$File/Attachment B Draft Bill 24-0578.pdf?OpenElement Attachment B Draft Bill 24-0578.pdf 12:06:02 PM Richard Sweetman, representing the Office of Legislative Legal Services, provided opening remarks about the sunset review process. 12:07:56 PM Mr. Sweetman responded to questions from the committee. 12:11:05 PM Vivienne Belmont, representing the Department of Regulatory Agencies (DORA), provided a review of the sunset review process. 12:13:44 PM Ms. Belmont walked the committee through the sunset review of the Division of Financial Services (Attachment A). She explained that the draft bill (Attachment B) implements all of the DORA recommendations from the sunset review report. 12:26:27 PM Katie March, representing Colorado Credit Unions, testified in support of the draft bill contiuing the Division of Financial Services. Chris Myklebust, representing himself, testified in support of the draft bill. 12:31:40 PM Motion Introduce draft bill LLS 24-0578. Moved Kipp Seconded Frizell deGruy Kennedy Yes Frizell Yes Garcia Yes Holtorf Excused Kipp Yes Lindstedt Yes Marshall Yes Soper Yes Weinberg No Joseph Yes Snyder Yes YES: 9 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS 12:31:42 PM Representatives Kipp and Soper offered to be the co-prime sponsors of the bill. The Office of Legislative Legal Services was given permission to make technical changes to the bill draft prior to introduction.
