2D3C3AB5224A78A98725850C00721606 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For SB20-140SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGYDate Feb 12, 2020 Location SCR 354 SB20-140 - Referred to the Committee of the Whole Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/C1733C0AC55B...$File/20SenateBus0212AttachA.pdf?OpenElement 20SenateBus0212AttachA.pdf 01:46:09 PM Senator Holbert introduced Senate Bill 20-140, concerning powersports and motor vehicle sales bonds. The bill specifies that violations of motor vehicle dealer statutes by a licensee must be related to fraud in order for a person to recover from a bond. He responded to questions from the committee. 01:49:43 PM Todd O'Connell, Colorado Independent Auto Dealers Association (CIADA), spoke in favor of the bill. He provided a handout to the committee (Attachment A). 01:56:54 PM Mike McKinnon, CIADA, spoke in favor of the bill. 01:59:48 PM Mr. McKinnon responded to questions from the committee. 02:03:12 PM Mr. O'Connell responded to questions from the committee. 02:10:50 PM Senator Holbert made closing comments on the merits of the bill. 02:12:37 PM Motion Refer Senate Bill 20-140 to the Committee of the Whole. Moved Danielson Seconded Priola No Story Yes Woodward Yes Danielson Yes Williams A. Yes Final YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS