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PUBLIC
BILL SUMMARY For SB19-002

HOUSE COMMITTEE ON FINANCE
Date Apr 17, 2019       Location HCR 0112

SB19-002 - Amended, referred to House Appropriations


03:09:23 PM  
Representatives Roberts and Jackson presented Senate Bill 19-002 to the committee, along with amendment L.005 (Attachment F).  This bill requires entities that service student loans to be licensed by the Department of Law and creates the Student Loan Ombudsperson to assist student loan borrowers.
03:19:37 PM  
Charley Olena, representing New Era Colorado, testified in support of the bill.
03:21:56 PM  
Ryan Case, representing the American Federation for Teachers of Colorado, testified in support of the bill.
03:22:25 PM  
Anna Lee, representing herself, testified in support of the bill.
03:25:51 PM  
Gabrielle Healy, representing herself, testified in support of the bill.
03:29:32 PM  
Kurt Morrison, representing the Attorney General's Office, testified in support of the bill.
03:50:47 PM  
Jen Waller, representing the Colorado Bankers Association, testified in support of the bill.

04:12:43 PM
Motion Adopt amendment L.005 (Attachment F)
Moved Tipper
Seconded Gray
Benavidez
Bockenfeld
Exum
Gray
Kipp
Pelton
Rich
Sandridge
Valdez A.
Tipper
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:12:45 PM  
Representative Roberts discussed amendment L.005 (Attachment F).

04:18:42 PM
Motion Refer Senate Bill 19-002, as amended, to the Committee on Appropriations.
Moved Tipper
Seconded Gray
Benavidez No
Bockenfeld No
Exum Yes
Gray Yes
Kipp Yes
Pelton No
Rich Yes
Sandridge No
Valdez A. Yes
Tipper Yes
Herod Yes
Final YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS