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2B5ADB7A9466FABE87258527005DF906 Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1091

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Mar 10, 2020      
Location HCR 0107



HB20-1091 - Amended, referred to House Appropriations

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