E9F258DA32DAC0E88725825E006E8F5F Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For SB18-210SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGYDate Mar 28, 2018 Location SCR 354 SB18-210 - Referred to Senate Finance Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/57DD11E893EE...$File/180328 AttachA.pdf?OpenElement 180328 AttachA.pdf 02:07:37 PM Senator Tate introduced Senate Bill 18-210, concerning regulation of appraisal management companies. The bill modifies the definition of appraisal management company to comport with federal law and requires the Board of Real Estate Appraisers to collect a new federal fee on certain appraisers. 02:09:30 PM Jayne Bail, Colorado Association of Mortgage Professionals, spoke in favor of the bill. She provided a handout to the committee (Attachment A). 02:11:00 PM Jenifer Waller, Colorado Bankers Association, spoke in favor of the bill. 02:11:35 PM Terry Jones, Colorado Mortgage Lenders Association, spoke in favor of the bill. He responded to questions from the committee. 02:15:29 PM Ms. Waller responded to questions from the committee. 02:16:04 PM Lee Ormiston, Colorado Coalition of Appraisers, spoke in favor of the bill. He responded to questions from the committee. 02:22:48 PM Marcia Waters, Division of Real Estate in the Department of Regulatory Agencies, responded to questions from the committee. 02:25:42 PM Motion Refer Senate Bill 18-210 to the Committee on Finance. Moved Tate Seconded Jahn Yes Kerr Yes Priola Excused Smallwood Yes Williams A. Yes Neville T. Yes Tate Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS