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5E60878DCD05AE0687258831008161EF Hearing Summary




PUBLIC
BILL SUMMARY For HB22-1389

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Apr 27, 2022      
Location HCR 0112



HB22-1389 - Amended, referred to House Appropriations
05:33:14 PM  
Representative Herod
introduced House Bill 22-1389, Financial Literacy Exchange Program.  The
bill creates the Colorado Financial Literacy and Equity Exchange Program
in the Division of Housing in the Department of Local Affairs to provide
individuals receiving housing assistance an escrow-like savings account
and receive financial mentoring, life skills, and asset management training.
 Representative Herod responded to questions from the committee.  Representative
Herod provided Amendment L.001 (Attachment E).
05:37:02 PM  
Renee Beauregard, representing the Consumers United Association, testified in support of the bill.
05:41:35 PM  
Carlton Mason, representing CASA of the 7th Judicial District, testified in support of the bill.
05:45:30 PM  
Benjamin Teevan, representing Fostering Colorado, testified in support of the bill.
05:46:01 PM  
Mr. Teevan responded to questions from the committee.
05:46:55 PM  
Georgia Evans, representing herself, testified in support of the bill.
05:50:14 PM  
The witnesses responded to questions from the committee.
05:52:26 PM  
The committee discussed Amendment L.001.


05:53:48 PM
 Motion Adopt amendment L.001
Moved Amabile
Seconded Bird
Amabile
Bird
Carver
Daugherty
Duran
Lynch
Ricks
Sandridge
Snyder
Van Beber
Van Winkle
Sullivan Excused
Roberts
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
05:53:49 PM  
Representative Herod and committee members made closing remarks on the bill.


05:57:37 PM
 Motion Refer House Bill 22-1389, as amended, to the Committee on Appropriations.
Moved Amabile
Seconded Duran
Amabile Yes
Bird Yes
Carver No
Daugherty Yes
Duran Yes
Lynch No
Ricks Yes
Sandridge No
Snyder Yes
Van Beber No
Van Winkle No
Sullivan Excused
Roberts Yes
Final YES: 7   NO: 5   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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