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S_BLT_2025A 02/20/2025 10:14:58 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date 02/20/2025
Attendance
Baisley *
Catlin *
Jodeh X
Liston X
Winter F. X
Hinrichsen X
Danielson X
Time 10:14:58 AM to 10:51:06 AM
Place Old Supreme Court
This Meeting was called to order by Danielson
This Report was prepared by Jeanette Chapman
Hearing Items Action Taken
SB25-035 Amended, referred to the Committee of the Whole - Consent Calendar

SB25-035 - Amended, referred to the Committee of the Whole - Consent Calendar
10:15:15 AM  
The chair announced
that SB 25-132 will be laid over to another date.



Senators Marchman
and Frizzel introduced Senate Bill 25-035 concerning actions against appraisers.
The bill changes the statute of limitation for claims against real estate
appraisers. The sponsors distributed Amendment L.001 to the committee (Attachment
A).
10:16:42 AM  
Ms. Betty Knecht,
representing the Colorado Mortgage Lenders Association, testified in a
neutral position on the bill.
10:22:04 AM  
Mr. Thomas Neville, representing the Colorado Trial Lawyers Association, testified to amend the bill.
10:26:43 AM  
Mr. Brett Wilkerson, representing the Colorado Coalition of Appraisers, testified in support of the bill.
10:27:19 AM  
Niki Close, representing themself, testified in support of the bill.
10:31:06 AM  
Mr. Chris Hymore, representing the Colorado Coaliton of Appraisers, testified in support of the bill.
10:33:10 AM  
Mr. Michael Carroll, representing the Colorado Coalition of Appraisers, testified in support of the bill.
10:36:38 AM  
The panelists responded to questions from the committee.
10:45:39 AM  
Senator Frizzel explained the purpose of Amendment L.001.


10:46:54 AM
 Motion Adopt amendment L.001
Moved Hinrichsen
Seconded
Baisley
Catlin
Jodeh
Liston
Winter F.
Hinrichsen
Danielson
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
10:47:12 AM  
The sponsors made closing comments on the merits of the bill.


10:50:36 AM
 Motion Refer Senate Bill 25-035, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hinrichsen
Seconded
Baisley Yes
Catlin Yes
Jodeh Yes
Liston Yes
Winter F. Yes
Hinrichsen Yes
Danielson Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS


10:51:06 AM   The committee adjourned.






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