CLICS/CLICS2025A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB25-058
HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Mar 19, 2025
Location HCR 0112
SB25-058 - Amended, referred to the Committee of the Whole
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| Attachment Tag |
File Name |
| Attachment A |
https://www2.leg.state.co.us/CLICS/CLICS2025A/commsumm.nsf/0/1CE8E5818F52AD2787258C5400621B3E/$File/SB058_L.004.pdf?OpenElement
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11:16:31 AM |
Representatives Rydin
and Gonzalez, co-prime sponsors, presented Senate Bill 25-058: Insurance
Rebate Reform Model Act. The bill allows insurance companies to offer discounted
and promotional prices. |
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11:19:02 AM |
Ms. Melissa Young,
representing American Council of Life Insurers, testified in support of
the bill. Dan Jablan, representing Rocky Mountain Insurance Association,
testified in support of the bill. Jill Mullen, representing Colorado Division
of Insurance, was available to answer committee questions.
The panel answered
questions from members of the committee.
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11:25:15 AM |
Representative Rydin
explained Amendment L004 (Attachment A).
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11:27:02 AM
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Motion |
Adopt amendment L.004 |
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| Moved |
Rydin |
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| Seconded |
Brooks |
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Armagost |
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Brooks |
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English |
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Keltie |
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Lieder |
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Lindstedt |
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Marshall |
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Mauro |
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Richardson |
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Rydin |
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Suckla |
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Woodrow |
Excused |
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Ricks |
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YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection
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11:27:03 AM |
The bill sponsors and members of the committee gave closing comments on the bill. |
11:29:08 AM
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Motion |
Refer Senate Bill 25-058, as amended, to the Committee of the Whole. |
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| Moved |
Rydin |
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| Seconded |
Woodrow |
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Armagost |
Yes |
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Brooks |
Yes |
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English |
Yes |
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Keltie |
Yes |
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Lieder |
Yes |
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Lindstedt |
Yes |
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Marshall |
Yes |
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Mauro |
Yes |
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Richardson |
Yes |
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Rydin |
Yes |
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Suckla |
Yes |
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Woodrow |
Yes |
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Ricks |
Yes |
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Final |
YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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