2B5ADB7A9466FABE87258527005DF906 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For HB20-1091HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Mar 10, 2020 Location HCR 0107 HB20-1091 - Amended, referred to House Appropriations Attachment Tag File Name Attachment C http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/814FD183B16A...$File/20HouseBus0310AttachC.pdf?OpenElement 20HouseBus0310AttachC.pdf Attachment A http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/9BD41D899F61...$File/20HouseBus0310AttachA.pdf?OpenElement 20HouseBus0310AttachA.pdf Attachment D http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/C7B799B43AC7...$File/20HouseBus0310AttachD.pdf?OpenElement 20HouseBus0310AttachD.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/E87AD697A421...$File/20HouseBus0310AttachB.pdf?OpenElement 20HouseBus0310AttachB.pdf 11:06:29 AM Representative Snyder introduced House Bill 20-1091. The bill establishes a process for a Colorado domestic stock insurer to divide into two or more resulting insurers through a plan of division. Representative Snyder provided amendments L.001, L.002, L.003, and L.004 (Attachments A - D). 11:09:42 AM Keith Mancini, Empower Retirement, testified in support of the bill. 11:14:15 AM Mike Feeley, Empower Retirement, testified in support of the bill. 11:18:13 AM Motion Adopt amendment L.001 Moved Snyder Seconded Duran Arndt Excused Bird Excused Duran McKean Sandridge Snyder Sullivan Van Winkle Williams D. Coleman Excused Kraft-Tharp YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 11:18:34 AM Motion Adopt amendment L.002 Moved Snyder Seconded Duran Arndt Excused Bird Excused Duran McKean Sandridge Snyder Sullivan Van Winkle Williams D. Coleman Excused Kraft-Tharp YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 11:18:56 AM Motion Adopt amendment L.003 Moved Snyder Seconded Duran Arndt Excused Bird Excused Duran McKean Sandridge Snyder Sullivan Van Winkle Williams D. Coleman Excused Kraft-Tharp YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 11:19:34 AM Motion Adopt amendment L.004 Moved Snyder Seconded Duran Arndt Excused Bird Excused Duran McKean Sandridge Snyder Sullivan Van Winkle Williams D. Coleman Excused Kraft-Tharp YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 11:19:47 AM Representative Snyder made closing remarks on the bill. 11:21:57 AM Motion Refer House Bill 20-1091, as amended, to the Committee on Appropriations. Moved Snyder Seconded Duran Arndt Excused Bird Excused Duran Yes McKean Yes Sandridge Yes Snyder Yes Sullivan Yes Van Winkle Yes Williams D. Yes Coleman Excused Kraft-Tharp Yes Final YES: 8 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: PASS