H_BUS_2024A 02/14/2024 09:42:50 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR Date 02/14/2024 Attendance Armagost * Clifford X English X Frizell * Lieder * Lindstedt * Lynch * Mabrey X Mauro X Ricks X Amabile X Time 09:42:50 AM to 12:56:15 PM Place HCR 0112 This Meeting was called to order by Amabile This Report was prepared by Matthu Beck Hearing Items Action Taken hHB24-1140 Postponed Indefinitely hSunset Review - Plumbing Board Committee Discussion Only hSunset Review - Division of Banking and State Banking Board Committee Discussion Only HB24-1140 - Postponed Indefinitely 09:42:58 AM Prime bill sponsor Representative Weinberg opened on House Bill 24-1140 regarding complex work trauma. He asked the committee to postpone the bill indefinitely. 09:44:09 AM Motion Postpone House Bill 24-1140 indefinitely. Moved Clifford Seconded Ricks Armagost Excused Clifford Yes English Yes Frizell Excused Lieder Excused Lindstedt Yes Lynch Excused Mabrey Yes Mauro Yes Ricks Yes Amabile Yes Final YES: 7 NO: 0 EXC: 4 ABS: 0 FINAL ACTION: PASS Sunset Review - Plumbing Board - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/11C7D44FBE7A...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/8C0DB2FF9F24...$File/Attachment B.pdf?OpenElement Attachment B.pdf 09:48:18 AM Mr. Sahib Singh, representing the Colorado Office of Policy, Research, and Regulatory Reform, testified. He explained the recommendations laid out in the sunset review report. Brian Tobias, representing the Department of Regulatory Agencies, testified. He spoke about the sunset process for the department. Yelana Love, Office of Legislative Legal Services, explained the sunset review process to the committee. Members of the panel answered questions from members of the committee. The sunset report (Attachment A) and the draft bill (Attachment B) were distributed to the committee. 10:10:06 AM Motion To introduce the draft bill as written Moved Ricks Seconded Clifford Armagost Yes Clifford Yes English Yes Frizell Yes Lieder Yes Lindstedt Yes Lynch Yes Mabrey Yes Mauro Yes Ricks Yes Amabile Yes YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 10:10:07 AM Representatives Lieder and Ricks were designated co-prime sponsors of the bill. Representatives Lindstedt, Mauro, English, and Amabile were added as cosponsors. Permission was given for technical amendments. Sunset Review - Division of Banking and State Banking Board - Committee Discussion Only Attachment Tag File Name Attachment C http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/0DF803017453...$File/Attachment C.pdf?OpenElement Attachment C.pdf Attachment D http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/48C105D75C60...$File/Attachment D.pdf?OpenElement Attachment D.pdf Attachment E http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/7A3443EA7791...$File/Attachment E.pdf?OpenElement Attachment E.pdf 10:12:18 AM Representative Amabile went over procedures for the testimony process. 10:13:28 AM Brian Tobias, representing DORA, testified. He went over the recommendations from the sunset report. Ms. Vivienne Belmont, representing DORA, testified. The panel answered questions from members of the committee. The sunset report (Attachment C) and the draft bill (Attachment D) were distributed to the committee. 10:40:36 AM Mr. Ken Boldt, representing the Colorado Division of Banking, testified. Mr. Boldt answered questions from members of the committee. 10:40:55 AM Mr. Troy Stang, representing Colorado Credit Unions powered by GoWest Credit Union Association, testified. Ms. Mollie Bell, representing Ent Credit Union, testified. Mr. Michael Bell, representing themself, testified. Mr. Chris Myklebust, representing themself, testified. Members of the panel answered questions from members of the committee. 11:12:21 AM Christina Kraft, representing Bank of Colorado, testified. Matthew Propst, representing ANB Bank, testified. Jennifer Luce, representing FirstBank, testified. Mr. Joe Martinez, representing San Luis Valley Federal Bank, testified. Members of the panel answered questions from members of the committee. 11:33:09 AM Mr. Brian Holst, representing Elevations Credit Union, testified. Ms. Katie March, representing GoWest Credit Union Association, testified. Ms. Leslie Shepard, representing SunWest Credit Union, testified. Members of the panel answered questions from members of the committee. 11:49:31 AM Brett Wyss, representing Integrity Bank & Trust, testified. Matt Teeters, representing Alpine Bank, testified. John Berkhausen, representing Adams Bank & Trust, testified. Ed Francis, representing InBank, testified. Mr. Mike Hurst, representing Del Norte Bank, testified. Members of the panel answered questions from members of the committee. 12:10:42 PM LaTrice Brewster, representing Horizons North Credit Union, testified. Mr. John Ruby, representing Bellco Credit Union, testified. Joe Adamack, representing GoWest Credit Union Association, testified. Members of the panel answered questions from members of the committee. 12:21:45 PM Kevin Erickson, representing Independent Financial, testified. Bob Lucia, representing Waypoint Bank, testified. Glenn Davis, representing Alpine Bank, testified. Jenifer Waller, representing the Colorado Bankers Association, testified. Ms. Megan Harmon, representing The Eastern Colorado Bank, testified. Members of the panel answered questions from members of the committee. 12:45:52 PM Representative Frizzell introduced and explained Amendment 1 (Attachment E). Members of the committee discussed the amendment. 12:51:23 PM Motion Adopt amendment 1 to LLS 24-559 Moved Frizell Seconded Ricks Armagost Yes Clifford No English No Frizell Yes Lieder No Lindstedt No Lynch Yes Mabrey No Mauro No Ricks Yes Amabile No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 12:52:10 PM Members gave closing remarks on the bill. 12:53:33 PM Motion To introduce the draft bill as written Moved Ricks Seconded Lindstedt Armagost No Clifford Yes English Yes Frizell No Lieder Yes Lindstedt Yes Lynch No Mabrey Yes Mauro Yes Ricks No Amabile Yes YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 12:53:34 PM Representatives Amabile and Lindstedt were named as sponsors for the bill, Representatives English, Clifford and Lieder were named cosponsors. Permission was given for technical changes to be made. 12:56:15 PM The committee adjourned.
