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PUBLIC
BILL SUMMARY For HB21-1282

SENATE COMMITTEE ON FINANCE
Date May 25, 2021       Location Old Supreme Court

HB21-1282 - Amended, referred to Senate Appropriations


03:52:44 PM  
Sen. Gonzales introduced House Bill 21-1282. This bill creates the Colorado Nonbank Mortgage Servicers Act, and places some mortgage servicers under the oversight of the administrator of the Consumer Credit Code.  The sponsor answered several committee questions.
03:53:29 PM  
Mr. Cary Whitaker, representing the Colorado Mortgage Lenders Association, testified to amend the bill. Ms. Martha Fulford, representing the Colorado Department of Law, testified in support of the bill.

04:05:53 PM
Motion Adopt amendment L.011 (Attachment C)
Moved Lee
Seconded
Hisey Excused
Lee
Lundeen
Scott Excused
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  Pass Without Objection

04:07:04 PM
Motion Adopt amendment L.012 (Attachment D)
Moved Bridges
Seconded
Hisey Excused
Lee
Lundeen
Scott Excused
Winter
Bridges
Pettersen
YES: 0   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  Pass Without Objection

04:11:56 PM
Motion Refer House Bill 21-1282, as amended, to the Committee on Appropriations.
Moved Bridges
Seconded
Hisey Excused
Lee Yes
Lundeen No
Scott Excused
Winter Yes
Bridges Yes
Pettersen Yes
Final YES: 4   NO: 1   EXC: 2   ABS:  0   FINAL ACTION:  PASS