150BFF968F40C1A187258958007768E7 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For HB23-1162HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Feb 16, 2023 Location Old State Library HB23-1162 - Amended, referred to House Finance Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/8DA54E21E7C3...$File/Attachment C.pdf?OpenElement Attachment C.pdf 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