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SB17-216

Sunset Continue Fair Debt Collections Act

Type Bill
Session 2017 Regular Session
Subjects
Financial Services & Commerce

Concerning continuation of the regulation of collection agencies under the "Colorado Fair Debt Collection Practices Act", and, in connection therewith, implementing the recommendations of the 2016 sunset report of the department of regulatory agencies and making an appropriation.

Bill Summary:

Sunset Process - Senate Judiciary Committee. The bill implements the recommendations of the sunset review and report on the continuation of the 'Colorado Fair Debt Collection Practices Act' (Act) by:

  • Continuing the Act through 2028;
  • Defining a 'debt buyer' as a person who engages in the business of purchasing debt for collection purposes;
  • Creating requirements for debt collectors and collection agencies that bring legal actions on debts owned;
  • Defining what is expected of a collection agency that purchases, sells, or attempts to collect on a purchased debt;
  • Clarifying that the statute of limitations for private actions and actions by the administrator of the Act is 2 years;
  • Repealing the collection agency board; and
  • Requiring the administrator of the 'Uniform Consumer Credit Code' to prepare a report concerning the Act.
    (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/01/2017 Signed Act PDF
05/19/2017 Final Act PDF
05/03/2017 Rerevised PDF
05/02/2017 Revised PDF
04/20/2017 Reengrossed PDF
04/19/2017 Engrossed PDF
03/10/2017 Introduced PDF
Date Version Documents
05/02/2017 PA4 PDF
04/27/2017 PA3 PDF
04/13/2017 PA2 PDF
04/11/2017 PA1 PDF
Date Version Documents
08/08/2017 FN3 PDF
04/25/2017 FN2 PDF
03/21/2017 FN1 PDF
Date Version Documents
05/02/2017 SA1 PDF
Activity Vote Documents
Adopt amendment J.002 The motion passed without objection. The motion passed without objection. Vote summary
Refer Senate Bill 17-216, as amended, to the Committee of the Whole. The motion passed on a vote of 11-2. Vote summary
Activity Vote Documents
Adopt amendment L.013 (Attachment C). The motion passed without objection. Vote summary
Refer Senate Bill 17-216, as amended, to the Committee on Appropriations. The motion passed on a vote of 11-0. Vote summary
Activity Vote Documents
Adopt amendment J.001 The motion passed without objection. Vote summary
Refer Senate Bill 17-216, as amended, to the Committee of the Whole and consent calendar. The motion passed on a vote of 7-0. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment A). The motion passed without objection. Vote summary
Adopt amendment L.002 (Attachment B). The motion passed without objection. Vote summary
Adopt amendment L.005 (Attachment C). The motion passed without objection. Vote summary
Adopt amendment L.007 (Attachment D). The motion passed without objection. Vote summary
Adopt amendment L.008 (Attachment E). The motion passed without objection. Vote summary
Refer Senate Bill 17-216, as amended, to the Committee on Appropriations. The motion passed on a vote of 5-0. Vote summary
Activity Vote Documents
Date Calendar Motion Vote Vote Document
05/04/2017 House Amendments REPASS
32
AYE
1
NO
2
OTHER
Vote record
05/04/2017 House Amendments CONCUR
32
AYE
1
NO
2
OTHER
Vote record
04/20/2017 Third Reading BILL
32
AYE
1
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/03/2017 Third Reading BILL
43
AYE
20
NO
2
OTHER
Vote record
Date Location Action
06/01/2017 Governor Governor Signed
05/19/2017 Governor Sent to the Governor
05/19/2017 House Signed by the Speaker of the House
05/18/2017 Senate Signed by the President of the Senate
05/04/2017 Senate Senate Considered House Amendments - Result was to Concur - Repass
05/03/2017 House House Third Reading Passed - No Amendments
05/02/2017 House House Second Reading Special Order - Passed with Amendments - Committee
05/02/2017 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/26/2017 House House Committee on Finance Refer Amended to Appropriations
04/20/2017 House Introduced In House - Assigned to Finance
04/20/2017 Senate Senate Third Reading Passed - No Amendments
04/19/2017 Senate Senate Second Reading Passed with Amendments - Committee, Floor
04/18/2017 Senate Senate Second Reading Laid Over Daily - No Amendments
04/13/2017 Senate Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole
04/10/2017 Senate Senate Committee on Judiciary Refer Amended to Appropriations
03/10/2017 Senate Introduced In Senate - Assigned to Judiciary
Effective Date Chapter # Title Documents
06/01/2017 285 Sunset Continue Fair Debt Collections Act PDF