Location: LSB A
Final
BILL SUMMARY for SB17-191
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
BILL SUMMARY for SB17-191
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Postpone Senate Bill 17-191 indefinitely. The moti Refer Senate Bill 17-191 to the Committee of the W |
PASS FAIL |
07:27 PM -- SB17-191
Representative Willett and Representative Wist, co-prime bill sponsors, presented Senate Bill 17-191. Beginning on January 1, 2018, the bill eliminates the minimum post-judgment interest rate. It also requires that the interest rate on damages for personal injuries caused by tort be the same rate in statute as the post-judgment interest rate. It changes the date by which the Secretary of State is to establish the annual rate of post-judgment interest from December 21 to January 2 of each year.
07:37 PM -- Saul Sarney, Colorado Trial Lawyers Association, testified in opposition to the bill.
07:41 PM -- Gary Frisch, Professional Independent Insurance Agents of Colorado, testified in support of the bill.
07:43 PM -- Deborah Taussig, Colorado Trial Lawyers Association, testified in opposition to the bill. Ms. Taussig answered questions from the committee.
07:47 PM -- Andrew La Fontaine, State Farm Insurance, testified in support of the bill. Mr. La Fontaine answered questions from the committee.
07:52 PM -- Mark Hillman, Colorado Civil Justice League and Colorado Association of Commerce and Industry, testified in support of the bill. Mr. Hillman answered questions from the committee.
07:56 PM -- Rob Hunter, Farmers Insurance, testified in support of the bill.
07:59 PM
Representative Willett and Representative Wist made concluding remarks about the bill. Committee members made comments on the bill.
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| BILL: | SB17-191 | |
| TIME: | 08:02:17 PM | |
| MOVED: | Williams D. | |
| MOTION: | Refer Senate Bill 17-191 to the Committee of the Whole. The motion failed on a vote of 3-6. | |
| SECONDED: | Leonard | |
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VOTE |
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Benavidez |
No |
|
Hooton |
No |
|
Humphrey |
Yes |
|
Leonard |
Yes |
|
Melton |
No |
|
Weissman |
No |
|
Williams D. |
Yes |
|
Lontine |
No |
|
Foote |
No |
|
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YES: 3 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | SB17-191 | |
| TIME: | 08:05:27 PM | |
| MOVED: | Melton | |
| MOTION: | Postpone Senate Bill 17-191 indefinitely. The motion passed on a vote of 6-3. | |
| SECONDED: | Benavidez | |
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VOTE |
|
|
Benavidez |
Yes |
|
Hooton |
Yes |
|
Humphrey |
No |
|
Leonard |
No |
|
Melton |
Yes |
|
Weissman |
Yes |
|
Williams D. |
No |
|
Lontine |
Yes |
|
Foote |
Yes |
|
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Final YES: 6 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS
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