Date: 02/17/2016
Location: SCR 356

Votes: View-->	Action Taken:
Postpone Senate Bill 16-043 indefinitely using a r Refer Senate Bill 16-043 to the Committee of the W	PASS FAIL

02:18 PM -- SB16-043

Senator Carroll presented Senate Bill 16-043 to the committee. The bill establishes requirements for private educational lenders and covered educational institutions related to student loans. The bill requires lenders to disclose certain information to a borrower both at the time of application or solicitation, and at the time the borrower is contractually obligated to repay the loan.

02:25 PM -- Shannon Leasau, representing herself, testified in support of the bill.

02:29 PM -- Franklin Acosta, representing himself, testified in support of the bill.

02:32 PM -- Adrian Felix, representing himself, testified in support of the bill.

02:34 PM -- Jenifer Waller, representing Colorado Bankers Association, testified against the bill.

02:40 PM -- Kaitlin Fox, representing the Colorado Bar Association Young Lawyers Division, testified in support of the bill.


02:44 PM

Senator Carroll wrapped up her presentation to the committee.

BILL:	SB16-043
TIME:	02:46:06 PM
MOVED:	Jones
MOTION:	Refer Senate Bill 16-043 to the Committee of the Whole. The motion failed on a vote of 2-3.
SECONDED:
		VOTE
	Hill	No
	Jones	Yes
	Ulibarri	Yes
	Sonnenberg	No
	Scott	No
YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL

BILL:	SB16-043
TIME:	02:53:30 PM
MOVED:	Sonnenberg
MOTION:	Postpone Senate Bill 16-043 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2.
SECONDED:
		VOTE
	Hill	Yes
	Jones	No
	Ulibarri	No
	Sonnenberg	Yes
	Scott	Yes
Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS

02:54 PM

The committee took a short recess.