H_FIN_2023A 03/02/2023 12:41:46 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 03/02/2023 Attendance deGruy Kennedy X Daugherty * Frizell X Hartsook * Kipp X Lindstedt X Marshall E Taggart * Weinberg X Joseph X Snyder X Time 12:41:46 PM to 01:18:45 PM Place HCR 0112 This Meeting was called to order by Snyder This Report was prepared by Jessika Shipley Hearing Items Action Taken hHB23-1046 Postponed Indefinitely hHB23-1162 Witness Testimony and Committee Discussion Only HB23-1046 - Postponed Indefinitely 12:42:35 PM Representative Armagost, prime sponsor, asked the committee to postpone indefinitely House Bill 23-1046. 12:43:56 PM Motion Postpone House Bill 23-1046 indefinitely. Moved Weinberg Seconded Frizell deGruy Kennedy Yes Daugherty Excused Frizell Yes Hartsook Excused Kipp Yes Lindstedt Yes Marshall Excused Taggart Excused Weinberg Yes Joseph Yes Snyder Yes Final YES: 7 NO: 0 EXC: 4 ABS: 0 FINAL ACTION: PASS HB23-1162 - Witness Testimony and Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/98691043EDCD...$File/Attachment A HB1162_L.002.pdf?OpenElement Attachment A HB1162_L.002.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/E86668C66011...$File/Attachment B HB1162_L.003.pdf?OpenElement Attachment B HB1162_L.003.pdf 12:44:14 PM Representative Woodrow, prime sponsor, presented House Bill 23-1162. The bill requires companies offering consumer legal funding to register with the Attorney General. Representative Woodrow responded to questions from the committee. 12:51:34 PM Amendments L.002 (Attachment A) and L.003 (Attachment B) were distributed to the committee. 12:52:31 PM Kelly Campbell, representing the American Property Casualty Insurance Association, testified in opposition to the bill. 12:55:56 PM Brian Garelli, representing Preferred Capital Funding, testified in support of the bill. 12:59:58 PM Eric Schuller, representing the Alliance for Responsible Consumer Legal Funding, testified in support of the bill. 01:03:32 PM The panel of witnesses responded to questions from the committee. 01:06:51 PM The bill was laid over to Monday, March 6, 2023. 01:18:45 PM The committee adjourned.