798081F2910786F287258ACB000296AE Hearing Summary

PUBLIC
BILL SUMMARY For HB24-1251

HOUSE COMMITTEE ON JUDICIARY
Date Feb 21, 2024
Location Old State Library

HB24-1251 - Committee Discussion Only


	05:28:19 PM	Representatives Snyder and Mabrey, prime sponsors, presented House Bill 24-1251. This bill continues the regulation of debt-management service providers in the Department of Law, which is scheduled to repeal on September 1, 2024. Representative Snyder explained the effect of the bill and discussed its need. Representative Mabrey provided further input regarding the merits of the legislation.
	05:32:53 PM	Makyla Moody, representing the Colorado Creditors Bar Association, testified in a neutral position on the bill. Mr. James Wolf, representing the Colorado Creditor Bar Association (CCBA), testified in a neutral position on the bill. Martha Fulford, representing Department of Law, testified in support of the bill. Mr. Nicholas Prola, representing the Associated Collection Agencies of Colorado, Wyoming, and New Mexico, testified in a neutral position on the bill. Mr. Jake Agron, representing the American Association for Debt Resolution, testified in support of the bill.
	06:23:07 PM	The chair laid over HB 24-1251.