9E4A758483357EFA8725850A007199B2 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For SB20-068SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGYDate Feb 10, 2020 Location SCR 354 SB20-068 - Amended, referred to the Committee of the Whole - Consent Calendar Attachment Tag File Name Attachment C http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/3FFF518CDB64...$File/20SenateBus0210AttachC.pdf?OpenElement 20SenateBus0210AttachC.pdf Attachment D http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/ADE947E3B7AD...$File/20SenateBus0210AttachD.pdf?OpenElement 20SenateBus0210AttachD.pdf Attachment B http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/E18F50BA3543...$File/20SenateBus0210AttachB.pdf?OpenElement 20SenateBus0210AttachB.pdf 01:40:51 PM The committee took a recess. 01:42:56 PM The committee came back to order. 01:43:06 PM Senator Moreno introduced Senate Bill 20-068 concerning interstate branches for credit unions. The bill allows a Colorado state credit union to open one or more new credit union branches outside of Colorado after providing written notice to the Financial Services Commissioner. Senator Moreno distributed Amendment L.002 (Attachment B) and two handouts to the committee (Attachments C and D). 01:45:50 PM Melanie Layton, Colorado Bankers Association, spoke neutrally about the bill. 01:46:43 PM Chris Myklebust, CANVAS Credit Union, spoke in favor of the bill. 01:49:27 PM Senator Moreno responded to questions from the committee. 01:50:51 PM Motion Adopt amendment L.002 Moved Danielson Seconded Priola Story Tate Danielson Williams A. YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 01:51:40 PM Motion Refer Senate Bill 20-068, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Moved Danielson Seconded Priola Yes Story Yes Tate Yes Danielson Yes Williams A. Yes Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
