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798081F2910786F287258ACB000296AE Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1251

HOUSE COMMITTEE ON JUDICIARY
Date Feb 21, 2024      
Location Old State Library



HB24-1251 - Committee Discussion Only


05:28:19 PM  
Representatives Snyder
and Mabrey, prime sponsors, presented House Bill 24-1251. This bill continues
the regulation of debt-management service providers in the Department of
Law, which is scheduled to repeal on September 1, 2024.  Representative
Snyder explained the effect of the bill and discussed its need.  Representative
Mabrey provided further input regarding the merits of the legislation.
05:32:53 PM  
Makyla Moody, representing
the Colorado Creditors Bar Association, testified in a neutral position
on the bill. Mr. James Wolf, representing the Colorado Creditor Bar Association
(CCBA), testified in a neutral position on the bill. Martha Fulford, representing
Department of Law, testified in support of the bill. Mr. Nicholas Prola,
representing the Associated Collection Agencies of Colorado, Wyoming, and
New Mexico, testified in a neutral position on the bill. Mr. Jake Agron,
representing the American Association for Debt Resolution, testified in
support of the bill.
06:23:07 PM  
The chair laid over HB 24-1251.