5E60878DCD05AE0687258831008161EF Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For HB22-1389HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Apr 27, 2022 Location HCR 0112 HB22-1389 - Amended, referred to House Appropriations Attachment Tag File Name Attachment E http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/7300C583A7F2...$File/Attachment E - HB1389_L.001.pdf?OpenElement Attachment E - HB1389_L.001.pdf 05:33:14 PM Representative Herod introduced House Bill 22-1389, Financial Literacy Exchange Program. The bill creates the Colorado Financial Literacy and Equity Exchange Program in the Division of Housing in the Department of Local Affairs to provide individuals receiving housing assistance an escrow-like savings account and receive financial mentoring, life skills, and asset management training. Representative Herod responded to questions from the committee. Representative Herod provided Amendment L.001 (Attachment E). 05:37:02 PM Renee Beauregard, representing the Consumers United Association, testified in support of the bill. 05:41:35 PM Carlton Mason, representing CASA of the 7th Judicial District, testified in support of the bill. 05:45:30 PM Benjamin Teevan, representing Fostering Colorado, testified in support of the bill. 05:46:01 PM Mr. Teevan responded to questions from the committee. 05:46:55 PM Georgia Evans, representing herself, testified in support of the bill. 05:50:14 PM The witnesses responded to questions from the committee. 05:52:26 PM The committee discussed Amendment L.001. 05:53:48 PM Motion Adopt amendment L.001 Moved Amabile Seconded Bird Amabile Bird Carver Daugherty Duran Lynch Ricks Sandridge Snyder Van Beber Van Winkle Sullivan Excused Roberts YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 05:53:49 PM Representative Herod and committee members made closing remarks on the bill. 05:57:37 PM Motion Refer House Bill 22-1389, as amended, to the Committee on Appropriations. Moved Amabile Seconded Duran Amabile Yes Bird Yes Carver No Daugherty Yes Duran Yes Lynch No Ricks Yes Sandridge No Snyder Yes Van Beber No Van Winkle No Sullivan Excused Roberts Yes Final YES: 7 NO: 5 EXC: 1 ABS: 0 FINAL ACTION: PASS
