H_BUS_2023A 03/01/2023 09:39:31 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR Date 03/01/2023 Attendance Armagost X English X Frizell X Lieder X Lindstedt X Mabrey * Mauro * Taggart X Weinberg X Ricks X Amabile X Time 09:39:31 AM to 10:40:13 AM Place HCR 0112 This Meeting was called to order by Amabile This Report was prepared by Dan Graeve Hearing Items Action Taken hSB23-015 Referred to the Committee of the Whole SB23-015 - Referred to the Committee of the Whole 09:39:39 AM Representatives Snyder and Taggart introduced Senate Bill 23-015 concerning Vehicle Value Protection Agreements. The bill sets limitations and requirements for vehicle protection plans. 09:44:12 AM The bill sponsors responded to questions from the committee. 09:54:18 AM Committee discussion continued. 09:58:26 AM Crystal Bullard, representing Shortfall Cover, testified in support of the bill. 10:02:19 AM Ms. Bullard responded to questions from the committee. 10:13:06 AM Committee discussion continued. 10:22:38 AM Michael Chapman, representing Security Service Credit Union, testified in support of the bill. 10:32:23 AM The bill sponsors made final comments on the bill. 10:37:08 AM Members of the committee provided final comments on the bill. 10:39:59 AM Motion Refer Senate Bill 23-015 to the Committee of the Whole. Moved Taggart Seconded Ricks Armagost No English Yes Frizell No Lieder Yes Lindstedt Yes Mabrey Yes Mauro Yes Taggart Yes Weinberg No Ricks Yes Amabile Yes Final YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS 10:40:13 AM The committee adjourned.