Location: SCR 356
Final
BILL SUMMARY for HB16-1293
SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
BILL SUMMARY for HB16-1293
SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Postpone House Bill 16-1293 indefinitely using a r Refer House Bill 16-1293 to the Committee on Appro |
PASS FAIL |
06:17 PM -- HB16-1293
Senator Holbert presented House Bill 16-1293 to the committee. This bill, as amended by the House Transportation and Energy Committee, requires automobile insurers to submit to the Department of Revenue (DOR) a statement notifying DOR when a motor vehicle:
• has been damaged and needs repairs exceeding the vehicle's value; or
• has been designated by the insurer as a total loss.
Upon receipt of this statement from the insurer, the DOR must:
• notify the owner and all lienholders and provide each with a copy of the statement;
• issue a new title branded with "insurance loss," or a salvage title if the statement includes facts that qualify the vehicle as a salvage vehicle; and
• note on the title any unreleased liens and deliver the title to the senior lienholder or the owner with a demand that the original title be surrendered.
06:22 PM -- Stan Martin, representing the Colorado Independent Automobile Dealers Association, testified in support of the bill.
06:26 PM -- Paul Bjork, representing himself, testified in support of the bill.
06:38 PM -- Todd O'Connell, representing Colorado Independent Automobile Dealers Association, testified in support of the bill and provided two handouts (Attachments L and M).
06:47 PM
Senator Holbert wrapped up his presentation to the committee.
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| BILL: | HB16-1293 | |
| TIME: | 06:47:50 PM | |
| MOVED: | Sonnenberg | |
| MOTION: | Refer House Bill 16-1293 to the Committee on Appropriations. The motion failed on a vote of 2-3. | |
| SECONDED: | |
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VOTE |
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Hill |
No |
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Jones |
Yes |
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Ulibarri |
Yes |
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Sonnenberg |
No |
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Scott |
No |
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YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | HB16-1293 | |
| TIME: | 06:52:18 PM | |
| MOVED: | Sonnenberg | |
| MOTION: | Postpone House Bill 16-1293 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: | |
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VOTE |
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Hill |
Yes |
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Jones |
No |
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Ulibarri |
No |
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Sonnenberg |
Yes |
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Scott |
Yes |
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Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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06:54 PM
The committee adjourned.