Location: LSB A
Final
BILL SUMMARY for HB17-1093
HOUSE COMMITTEE ON FINANCE
BILL SUMMARY for HB17-1093
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer House Bill 17-1093 to the Committee of the W | PASS |
11:23 AM -- HB17-1093
The committee was called to order. A quorum was present. Representative Ransom, prime sponsor, presented House Bill 17-1093, which increases the exemption for the cash surrender value of a life insurance policy from $100,000 to $250,000. Representative Ransom responded to questions from the committee. Committee members received a list of state laws related to the cash surrender value of life insurance policies (Attachment A).
11:29 AM -- Mr. Bill Hall, representing the life insurance industry , testified in support of the bill. Mr. Hall responded to questions and comments from the committee.
11:36 AM -- Mr. Phil Ross, representing himself, testified in support of the bill.
11:40 AM
Representative Ransom made closing remarks on the bill.
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| BILL: | HB17-1093 | |
| TIME: | 11:41:10 AM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer House Bill 17-1093 to the Committee of the Whole. The motion passed on a vote of 13-0. | |
| SECONDED: | Michaelson Jenet | |
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VOTE |
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Beckman |
Yes |
|
Benavidez |
Yes |
|
Catlin |
Yes |
|
Covarrubias |
Yes |
|
Gray |
Yes |
|
Herod |
Yes |
|
Kennedy |
Yes |
|
Lawrence |
Yes |
|
Michaelson Jenet |
Yes |
|
Thurlow |
Yes |
|
Van Winkle |
Yes |
|
Foote |
Yes |
|
Pabon |
Yes |
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Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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