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h_lg_2017a_2017-04-12t13:31:58z1 Hearing Summary

Date: 04/12/2017

Location: HCR 0107

Final

BILL SUMMARY for HB17-1026



HOUSE COMMITTEE ON LOCAL GOVERNMENT


Votes: View--> Action Taken:
Adopt amendment L.002 (Attachment E). The motion p

Refer House Bill 17-1026, as amended, to the Commi
PASS

PASS







02:43 PM -- HB17-1026



Representative Singer recapped the testimony heard on January 18, 2017, in the House Local Government Committee on HB17-1026 concerning reverse mortgage repayment when a home is uninhabitable. Concerns were raised at that hearing about reverse mortgages and unintended consequences to the reverse mortgage industry. There was also discussion about federal requirements and how this bill would align with those.



Representative Singer proposed Amendment L.002 (Attachment E). The bill, as amended, requires that the Widfire Matters Review Committee more thoroughly review this issue during the interim.



17HouseLocal0412AttachE.pdf17HouseLocal0412AttachE.pdf

BILL: HB17-1026
TIME: 02:46:48 PM
MOVED: Singer
MOTION: Adopt amendment L.002 (Attachment E). The motion passed on a vote of 10-2, with 1 excused.
SECONDED: Rosenthal
VOTE
Coleman
Yes
Exum
Yes
Gray
Yes
Liston
Yes
McKean
Excused
Navarro
No
Ransom
No
Singer
Yes
Thurlow
Yes
Valdez
Yes
Wilson
Yes
Rosenthal
Yes
Lebsock
Yes
YES: 10 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS




BILL: HB17-1026
TIME: 02:54:29 PM
MOVED: Singer
MOTION: Refer House Bill 17-1026, as amended, to the Committee of the Whole. The motion passed on a vote of 8-4, with 1 excused.
SECONDED: Gray
VOTE
Coleman
Yes
Exum
Yes
Gray
Yes
Liston
No
McKean
Excused
Navarro
No
Ransom
No
Singer
Yes
Thurlow
Yes
Valdez
Yes
Wilson
No
Rosenthal
Yes
Lebsock
Yes
Final YES: 8 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS














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