09D178905812632887258686005DA87B Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For HB21-1013HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Feb 24, 2021 Location HCR 0112 HB21-1013 - Amended, referred to House Appropriations Attachment Tag File Name Attachment B http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/2CA3FE3B26A8...$File/21HouseBus0224AttachB.pdf?OpenElement 21HouseBus0224AttachB.pdf Attachment C http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/70294C4E4625...$File/21HouseBus0224AttachC.pdf?OpenElement 21HouseBus0224AttachC.pdf 10:03:01 AM Representatives Snyder and Van Winkle, bill sponsors, introduced House Bill 21-1013: Division of Domestic Stock Insurer. The bill establishes a process for a Colorado domestic stock insurer to divide into two or more resulting insurers through a plan of division. Amendment L.002 was provided to the committee (Attachment B). 10:08:20 AM Keith Mancini, representing Empower Retirement, testified in support of the bill. Mr. Mancini provided a handout to the committee (Attachment C). 10:13:13 AM Mr. Mancini responded to questions from the committee. 10:16:20 AM Motion Adopt amendment L.002 Moved Snyder Seconded Bird Amabile Bird Carver Duran Lynch Mullica Neville Ricks Sandridge Snyder Van Winkle Sullivan Roberts YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 10:16:29 AM The bill sponsors provided closing remarks on the bill. 10:18:19 AM Motion Refer House Bill 21-1013, as amended, to the Committee on Appropriations. Moved Van Winkle Seconded Snyder Amabile Yes Bird Yes Carver Yes Duran Yes Lynch Yes Mullica Yes Neville Yes Ricks Yes Sandridge Yes Snyder Yes Van Winkle Yes Sullivan Yes Roberts Yes Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS