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PUBLIC
BILL SUMMARY For HB23-1162

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Feb 16, 2023       Location Old State Library

HB23-1162 - Amended, referred to House Finance


02:44:18 PM  
Representative Woodrow introduced House Bill 23-1162 Consumer Legal Funding Transactions. The bill requires companies offering consumer legal funding to register with the Attorney General.
02:47:11 PM  
Representative Mabrey asked questions of the bill sponsor.
02:47:32 PM  
Eric Schuller, representing the Alliance for Responsible Consumer Legal Funding, testified in support of the bill.
02:50:32 PM  
Ms. Alana Anzalone, representing the Colorado Trial Lawyers Association, testified in support of the bill.
02:53:41 PM  
Brian Garelli, representing themself, testified in support of the bill.
02:55:06 PM  
Cary Silverman, representing the Colorado Civil Justice League and Colorado Defense Lawyers Association, testified in opposition to the bill.
03:00:24 PM  
Mrs. Kelly Campbell, representing American Property and Casualty Industry Association, testified in opposition to the bill.
03:02:50 PM  
Representative Woodrow introduced amendment L.001 to the committee (Attachment C).
03:03:41 PM  
Representative Ricks asked questions of the sponsor.

03:04:37 PM
Motion Adopt amendment L.001
Moved Ricks
Seconded Lindstedt
Armagost
Daugherty
English
Frizell
Lieder
Lindstedt
Mabrey
Taggart
Weinberg
Ricks
Amabile
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
03:04:52 PM  
Representative Woodrow provided final comments on the bill.
03:05:14 PM  
Representative Mabrey provided final comments on the bill.

03:07:25 PM
Motion Refer House Bill 23-1162, as amended, to the Committee on Finance.
Moved Ricks
Seconded English
Armagost Yes
Daugherty Yes
English Yes
Frizell No
Lieder Yes
Lindstedt Yes
Mabrey Yes
Taggart Excused
Weinberg No
Ricks Yes
Amabile Yes
Final YES: 8   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS