F045A05070DF442587258966006C691E Hearing Summary

Representative Woodrow, prime sponsor, presented House Bill 23-1162. The bill requires companies offering consumer legal funding to register with the Attorney General. Representative Woodrow responded to questions from the committee.

Amendments L.002 (Attachment A) and L.003 (Attachment B) were distributed to the committee.

Kelly Campbell, representing the American Property Casualty Insurance Association, testified in opposition to the bill.

Brian Garelli, representing Preferred Capital Funding, testified in support of the bill.

Eric Schuller, representing the Alliance for Responsible Consumer Legal Funding, testified in support of the bill.

The panel of witnesses responded to questions from the committee.

The bill was laid over to Monday, March 6, 2023.