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09D178905812632887258686005DA87B Hearing Summary




PUBLIC
BILL SUMMARY For HB21-1013

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Feb 24, 2021      
Location HCR 0112



HB21-1013 - Amended, referred to House Appropriations


10:03:01 AM  

Representatives Snyder and Van Winkle, bill sponsors, introduced House Bill 21-1013: Division of Domestic Stock Insurer.  The bill establishes a process for a Colorado domestic stock insurer to divide into two or more resulting insurers through a plan of division.  Amendment L.002 was provided to the committee (Attachment B).

10:08:20 AM  

Keith Mancini, representing Empower Retirement, testified in support of the bill. Mr. Mancini provided a handout to the committee (Attachment C).

10:13:13 AM  

Mr. Mancini responded to questions from the committee.



10:16:20 AM
Motion Adopt amendment L.002
Moved Snyder
Seconded Bird
Amabile
Bird
Carver
Duran
Lynch
Mullica
Neville
Ricks
Sandridge
Snyder
Van Winkle
Sullivan
Roberts
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
10:16:29 AM  

The bill sponsors provided closing remarks on the bill.



10:18:19 AM
Motion Refer House Bill 21-1013, as amended, to the Committee on Appropriations.
Moved Van Winkle
Seconded Snyder
Amabile Yes
Bird Yes
Carver Yes
Duran Yes
Lynch Yes
Mullica Yes
Neville Yes
Ricks Yes
Sandridge Yes
Snyder Yes
Van Winkle Yes
Sullivan Yes
Roberts Yes
Final YES: 13   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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