s_sa_2017a_2017-05-08t15:33:19z2 Hearing Summary
Date: 05/08/2017
Location: SCR 352
BILL SUMMARY for HB17-1352
SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Postpone House Bill 17-1352 indefinitely using a r Refer House Bill 17-1352 to the Committee on Appro |
PASS FAIL |
03:53 PM -- HB17-1352
Senator Moreno, sponsor, presented House Bill 17-1352 to the committee. This reengrossed bill requires that entities that contract with the federal government to service student education loans obtain a supervised vendor license from the administrator of the Uniform Consumer Credit Code in the Department of Law (DOL). The bill identifies exempt entities, such as loan originators and lenders who are already licensed under current law. The DOL must adopt rules for the new license requirement and begin licensing entities no later than September 1, 2018.
03:55 PM -- Bill Munn, representing Nelnet, testified against the bill and responded to committee member questions.
04:02 PM -- Charlotte Olena, representing New Era Colorado, testified in support of the bill.
04:06 PM -- Ryan Case, representing the American Federation of Teachers Colorado, testified in support of the bill.
04:10 PM
Senator Moreno wrapped up his presentation of the bill.
| BILL: | HB17-1352 | |
| TIME: | 04:11:57 PM | |
| MOVED: | Fenberg | |
| MOTION: | Refer House Bill 17-1352 to the Committee on Appropriations. The motion failed on a vote of 2-3. | |
| SECONDED: | ||
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VOTE
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Aguilar
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Yes
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Cooke
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No
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Fenberg
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Yes
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Sonnenberg
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No
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Marble
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No
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YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | HB17-1352 | |
| TIME: | 04:14:04 PM | |
| MOVED: | Sonnenberg | |
| MOTION: | Postpone House Bill 17-1352 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2. | |
| SECONDED: | ||
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VOTE
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Aguilar
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No
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Cooke
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Yes
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Fenberg
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No
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Sonnenberg
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Yes
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Marble
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Yes
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Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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