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FCAB64035C8F39BC87258B08007C5F80 Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1321

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Apr 23, 2024      
Location SCR 352



HB24-1321 - Referred to the Committee of the Whole - Consent Calendar


04:38:33 PM  
Senators Roberts
and Hinrichsen introduced House Bill 24-1321, concerning insurance holding
company model regulations. The bill modifies insurance company holding
system requirements to align with national standards. The sponsors responded
to questions from the committee.
04:40:23 PM  
Mr. Rolf Kaumann, representing Colorado Division of Insurance, testified in support of the bill.


04:46:33 PM
Motion Refer House Bill 24-1321 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hinrichsen
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan Yes
Hinrichsen Yes
Danielson Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details