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H_BUS_2024A 02/14/2024 09:42:50 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date 02/14/2024
Attendance
Armagost *
Clifford X
English X
Frizell *
Lieder *
Lindstedt *
Lynch *
Mabrey X
Mauro X
Ricks X
Amabile X
Time 09:42:50 AM to 12:56:15 PM
Place HCR 0112
This Meeting was called to order by Amabile
This Report was prepared by Matthu Beck
Hearing Items Action Taken
HB24-1140 Postponed Indefinitely
Sunset Review - Plumbing Board Committee Discussion Only
Sunset Review - Division of Banking and State Banking Board Committee Discussion Only

HB24-1140 - Postponed Indefinitely
09:42:58 AM  
Prime bill sponsor
Representative Weinberg opened on House Bill 24-1140 regarding complex
work trauma. He asked the committee to postpone the bill indefinitely.


09:44:09 AM
 Motion Postpone House Bill 24-1140 indefinitely.
Moved Clifford
Seconded Ricks
Armagost Excused
Clifford Yes
English Yes
Frizell Excused
Lieder Excused
Lindstedt Yes
Lynch Excused
Mabrey Yes
Mauro Yes
Ricks Yes
Amabile Yes
Final YES: 7   NO: 0   EXC: 4   ABS:  0   FINAL ACTION:  PASS



Sunset Review - Plumbing Board - Committee Discussion Only
09:48:18 AM  
Mr. Sahib Singh,
representing the Colorado Office of Policy, Research, and Regulatory Reform,
testified. He explained the recommendations laid out in the sunset review
report. Brian Tobias, representing the Department of Regulatory Agencies,
testified. He spoke about the sunset process for the department. Yelana
Love, Office of Legislative Legal Services, explained the sunset review
process to the committee. Members of the panel answered questions from
members of the committee. The sunset report (Attachment A) and the draft
bill (Attachment B) were distributed to the committee.


10:10:06 AM
 Motion To introduce the draft bill as written
Moved Ricks
Seconded Clifford
Armagost Yes
Clifford Yes
English Yes
Frizell Yes
Lieder Yes
Lindstedt Yes
Lynch Yes
Mabrey Yes
Mauro Yes
Ricks Yes
Amabile Yes
YES: 11   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS
10:10:07 AM  
Representatives Lieder
and Ricks were designated co-prime sponsors of the bill. Representatives
Lindstedt, Mauro, English, and Amabile were added as cosponsors. Permission
was given for technical amendments.



Sunset Review - Division of Banking and State Banking Board - Committee Discussion Only

10:12:18 AM  
Representative Amabile went over procedures for the testimony process.
10:13:28 AM  
Brian Tobias, representing
DORA, testified. He went over the recommendations from the sunset report.
Ms. Vivienne Belmont, representing DORA, testified. The panel answered
questions from members of the committee. The sunset report (Attachment
C) and the draft bill (Attachment D) were distributed to the committee.
10:40:36 AM  

Mr. Ken Boldt, representing the Colorado Division of Banking, testified. Mr. Boldt answered questions from members of the committee.
10:40:55 AM  
Mr. Troy Stang, representing
Colorado Credit Unions powered by GoWest Credit Union Association, testified.
Ms. Mollie Bell, representing Ent Credit Union, testified. Mr. Michael
Bell, representing themself, testified. Mr. Chris Myklebust, representing
themself, testified. Members of the panel answered questions from members
of the committee.
11:12:21 AM  
Christina Kraft,
representing Bank of Colorado, testified. Matthew Propst, representing
ANB Bank, testified. Jennifer Luce, representing FirstBank, testified.
Mr. Joe Martinez, representing San Luis Valley Federal Bank, testified.
Members of the panel answered questions from members of the committee.
11:33:09 AM  
Mr. Brian Holst,
representing Elevations Credit Union, testified. Ms. Katie March, representing
GoWest Credit Union Association, testified. Ms. Leslie Shepard, representing
SunWest Credit Union, testified. Members of the panel answered questions
from members of the committee.
11:49:31 AM  
Brett Wyss, representing
Integrity Bank & Trust, testified. Matt Teeters, representing Alpine
Bank, testified. John Berkhausen, representing Adams Bank & Trust,
testified. Ed Francis, representing InBank, testified. Mr. Mike Hurst,
representing Del Norte Bank, testified. Members of the panel answered questions
from members of the committee.
12:10:42 PM  
LaTrice Brewster,
representing Horizons North Credit Union, testified. Mr. John Ruby, representing
Bellco Credit Union, testified. Joe Adamack, representing GoWest Credit
Union Association, testified. Members of the panel answered questions from
members of the committee.
12:21:45 PM  
Kevin Erickson, representing
Independent Financial, testified. Bob Lucia, representing Waypoint Bank,
testified. Glenn Davis, representing Alpine Bank, testified. Jenifer Waller,
representing the Colorado Bankers Association, testified. Ms. Megan Harmon,
representing The Eastern Colorado Bank, testified. Members of the panel
answered questions from members of the committee.
12:45:52 PM  
Representative Frizzell
introduced and explained Amendment 1 (Attachment E). Members of the committee
discussed the amendment.


12:51:23 PM
 Motion Adopt amendment 1 to LLS 24-559
Moved Frizell
Seconded Ricks
Armagost Yes
Clifford No
English No
Frizell Yes
Lieder No
Lindstedt No
Lynch Yes
Mabrey No
Mauro No
Ricks Yes
Amabile No
YES: 4   NO: 7   EXC: 0   ABS:  0   FINAL ACTION:  FAIL
12:52:10 PM  
Members gave closing remarks on the bill.


12:53:33 PM
 Motion To introduce the draft bill as written
Moved Ricks
Seconded Lindstedt
Armagost No
Clifford Yes
English Yes
Frizell No
Lieder Yes
Lindstedt Yes
Lynch No
Mabrey Yes
Mauro Yes
Ricks No
Amabile Yes
YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS
12:53:34 PM  
Representatives Amabile and Lindstedt were named as sponsors for the bill, Representatives English, Clifford and Lieder were named cosponsors. Permission was given for technical changes to be made.


12:56:15 PM   The committee adjourned.