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75D213A1C0A437CA87258B10000B9EDA Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1351

SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Apr 30, 2024      
Location Old Supreme Court



HB24-1351 - Amended, referred to Senate Appropriations


08:06:59 PM  
The committee took a recess.
08:09:56 PM  
The committee came back to order.
08:15:55 PM  
Senators Priola and
Lundeen introduced House Bill 24-1351, concerning the state banking board
and the division of banking sunset bill. The sponsors distributed Amendment
L.003 (Attachment E).
08:17:27 PM  
Mr. Matthew Walusis, representing Meridian Trust FCU, testified in support of the bill.
08:27:14 PM  
Mr. Gerry Agnes, representing Elevations Credit Union, testified in support of the bill.
08:27:41 PM  
Katie March, representing themself, spoke in support of the bill.
08:29:39 PM  
Mr. Tod Cummins Jr, representing Canvas Credit Union, testified to amend the bill.
08:32:10 PM  
Ms. Stephanie Teubner, representing Blue Federal Credit Union, testified in support of the bill.
08:33:19 PM  
Darius Wise, representing Red Rocks Credit Union, testified in support of the bill.
08:34:52 PM  
Ms. Leslie Shepard, representing SunWest Credit Union, testified in support of the bill.
08:37:25 PM  
Ms. Karen Troester, representing Grand Junction Federal Credit Union, testified in support of the bill.
08:39:02 PM  
Hannah Svarverud, representing themself, testified in support of the bill.
08:40:55 PM  
Mr. David Brown, representing Weld Community Credit Union, testified in support of the bill.
08:43:29 PM  
Karen Bigelow, representing Premier Members Credit Union, testified in support of the bill.
08:46:30 PM  
Robert Gladu, representing Canvas Credit Union, testified in support of the bill.
08:46:47 PM  
Mr. John Ruby, representing Bellco Credit Union, testified in support of the bill.
08:48:05 PM  
The panelists responded to questions from the committee.
08:50:53 PM  
Mr. Mike Steppenbacker, representing Ent Credit Union, testified in support of the bill.
08:54:24 PM  
Mr. Doug Fagan, representing Partner Colorado Credit Union, testified in support of the bill.
08:56:12 PM  
Linda Pounds, representing Partner Colorado Credit Union, testified in support of the bill.
08:58:15 PM  
Joe Adamack, representing GoWest Credit Union Association, testified in support of the bill.
09:00:12 PM  
The panelists responded to questions from the committee.
09:02:24 PM  
Andrew Trainor, representing InBank, testified in opposition to the bill.
09:05:54 PM  
Ms. Megan Harmon, representing The Eastern Colorado Bank, testified to amend the bill.
09:10:38 PM  
Mr. Jay Goddard, representing Points West Community Bank, testified to amend the bill.
09:11:41 PM  
Ms. Kathryn Perry, representing Park State Bank And Trust, testified to amend the bill.
09:15:46 PM  
Christina Kraft, representing Bank of Colorado, testified in opposition to the bill.
09:15:51 PM  
Matthew Propst, representing ANB Bank, testified in opposition to the bill.
09:17:17 PM  
John Berkhausen, representing Adams Bank & Trust, testified in opposition to the bill.
09:20:10 PM  
Joe Martinez, representing Independent Bankers of Colorado - San Luis Valley Federal Bank, testified in opposition to the bill.
09:21:01 PM  
Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill.
09:26:54 PM  
The bill sponsors explained the purpose of Amendment L.003.
09:27:14 PM  
The committee members made comments to the merits of the amendment.


09:36:13 PM
Motion Adopt amendment L.003
Moved Liston
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan No
Hinrichsen No
Danielson No
YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS


09:38:08 PM
Motion Refer House Bill 24-1351, as amended, to the Committee on Appropriations.
Moved Hinrichsen
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan No
Hinrichsen No
Danielson Yes
Final YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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