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01:33:33 PM |
Majority Leader Duran
and Representative Camacho gave opening comments on House Bill 25-1020:
Earned Wage Access Providers. The bill creates new requirements for earned-wage
access service providers and requires the Department of Law to implement
an earned-wage access service provider license.
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01:39:37 PM |
The bill sponsors
answered questions from the committee.
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01:42:49 PM |
Jefferey Riester,
representing the Department of Law, testified in support of the bill.
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01:49:52 PM |
Frank Vento, representing
Douglas County School District, testified in support of the bill.
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01:53:54 PM |
Molly Jones, representing Payactiv, testified in support of the bill.
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01:56:27 PM |
Committee members
asked the witness panel questions.
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01:56:52 PM |
Martha Fulford, representing
the Department of Law, joined the witness panel to answer questions.
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02:12:58 PM |
Danny Katz, representing
the Colorado Public Interest Research Group, testified in opposition to
the bill.
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02:13:02 PM |
Mr. Charles Brennan,
representing the Colorado Center on Law and Policy, testified in opposition
to the bill.
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02:15:06 PM |
Ms. Lauren Saunders,
representing the National Consumer Law Center, testified in opposition
to the bill.
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02:18:12 PM |
Andrew Kushner, representing
the Center for Responsible Lending, testified in opposition to the bill.
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02:21:04 PM |
The witness panel
answered questions from the committee members.
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02:27:28 PM |
Sara Schueneman, representing AARP CO, testified to amend the bill.
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02:27:31 PM |
Ms. Andrea Kuwik,
representing the Bell Policy Center, testified to amend the bill.
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02:32:42 PM |
Ms. Melanie Kesner, representing Young Invincibles, testified to amend the bill.
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02:35:01 PM |
Mr. Sam Sadle, representing EarnIn, testified to amend the bill.
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02:35:04 PM |
The witness panel
answered questions from committee members.
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02:49:55 PM |
Ms. Nancy Coleman-Chavez, representing DailyPay, LLC. , testified in support of the bill.
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02:49:59 PM |
Ms. Ashley Urisman, representing American Fintech Council, testified in support of the bill.
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02:51:32 PM |
Ms. Tara Rider, representing Brigit, testified in support of the bill.
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02:55:54 PM |
Alice Jacobsohn, representing PayrollOrg, testified in support of the bill.
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02:55:58 PM |
Mr. George Jepsen,
representing themself, testified in support of the bill.
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02:59:39 PM |
Diane Macheers, representing LeadingAge Colorado, testified in support of the bill.
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03:01:36 PM |
Mr. Garth McAdam, representing ZayZoon, testified in support of the bill.
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03:04:09 PM |
Mr. Edward Van Wesep, representing themself, testified in a neutral position on the bill.
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03:07:07 PM |
Ms. Portia Prescott,
representing the Rocky Mountain NAACP CO-MT-WY State Conference, testified
in a neutral position on the bill.
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03:10:31 PM |
Manuel Alvarez, representing themself, testified in a neutral position on the bill.
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03:12:37 PM |
The witness panel
answered questions from committee members.
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03:15:51 PM |
Ms. Kjersten Forseth, representing CO AFL-CIO, testified to amend the bill.
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03:23:50 PM |
Mr. David Seligman, representing Towards Justice, testified to amend the bill.
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03:26:53 PM |
Amy Bos, representing NetChoice, testified to amend the bill.
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03:31:20 PM |
Witness panel answered questions from committee members.
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03:38:17 PM |
Kouri Marshall, Chamber
of Progress, testified in support of the bill.
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03:40:47 PM |
Topazz McBride, representing
the Greater Metro Denver Minesterial Aliance, NAACP, and Restoration Christian
Fellowship, testified to amend the bill.
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03:42:28 PM |
The witness panel
answered questions from the committee members.
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03:42:28 PM |
Additional written
testimony provided to the committee may be found in Attachment A.
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03:42:29 PM |
Majority Leader Duran
and Rep Froelich explained Amendment L001 to House Bill 1020 (Attachment
B).
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03:45:10 PM
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Motion |
Adopt amendment L.001 |
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| Moved |
Lindstedt |
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| Seconded |
Mauro |
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Armagost |
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Brooks |
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English |
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Keltie |
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Lieder |
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Lindstedt |
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Marshall |
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Mauro |
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Richardson |
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Rydin |
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Suckla |
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Woodrow |
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Ricks |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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03:46:29 PM |
Majority Leader Duran
and Rep Froelich explained Amendment L002 to House Bill 1020 (Attachment
C).
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03:49:06 PM
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Motion |
Adopt amendment L.002 |
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| Moved |
Lindstedt |
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| Seconded |
Mauro |
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Armagost |
No |
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Brooks |
No |
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English |
Yes |
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Keltie |
No |
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Lieder |
Yes |
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Lindstedt |
Yes |
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Marshall |
Yes |
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Mauro |
Yes |
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Richardson |
No |
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Rydin |
Yes |
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Suckla |
No |
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Woodrow |
Yes |
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Ricks |
Yes |
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YES: 8 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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03:50:22 PM |
The bill sponsors
gave closing comments on the merits of the bill.
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03:50:34 PM |
Committee members
gave closing comments on the merits of the bill.
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04:02:22 PM
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Motion |
Refer House Bill 25-1020, as amended, to the Committee on Finance. |
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| Moved |
Marshall |
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| Seconded |
Lindstedt |
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Armagost |
No |
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Brooks |
Yes |
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English |
Yes |
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Keltie |
Yes |
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Lieder |
Yes |
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Lindstedt |
Yes |
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Marshall |
Yes |
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Mauro |
Yes |
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Richardson |
Yes |
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Rydin |
Yes |
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Suckla |
Yes |
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Woodrow |
No |
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Ricks |
Yes |
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Final |
YES: 11 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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