96C27748E8DD168387258AED006BBBC8 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1351HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Mar 27, 2024 Location Old State Library HB24-1351 - Referred to House Appropriations Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/995A5BE0CE5E...$File/Attachment A.pdf?OpenElement Attachment A.pdf 01:39:20 PM Representatives Amabile and Lindstedt, prime bill sponsors, presented House Bill 24-1351 regarding the sunset of the state banking board. 01:39:54 PM Matthew Propst, representing ANB Bank, testified in opposition to the bill. Bob Lucia, representing WayPoint Bank, testified in opposition to the bill. Clay Whitham, representing Frontier Bank, testified in opposition to the bill. Mike Hurst, representing Del Norte Bank, testified to amend the bill. Members of the panel answered questions from members of the committee. 01:58:02 PM Mr. Michael Bell, representing themself, testified in support of the bill. Mr. Gerry Agnes, representing Elevations Credit Union, testified in support of the bill. Mr. John Ruby, representing Bellco Credit Union, testified in support of the bill. Ms. Katie March, representing Colorado's Credit Unions, testified in support of the bill. Tod Cummins, representing Canvas Credit Union, testified in support of the bill. Ms. Sara Plumhoff, representing NuVista Federal Credit Union, testified in support of the bill. Members of the panel answered questions from members of the committee. 02:12:20 PM Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill. Andrew Trainor, representing InBank, testified in opposition to the bill. Mr. PJ Wharton, representing Yampa Valley Bank & The Independent Community Bankers of Colorado, testified in opposition to the bill. Members of the panel answered questions from members of the committee. 02:30:41 PM Mr. Ezra Eckhardt, representing the Spokane Teachers Credit Union, testified in support of the bill. Ms. Karen Bigelow, representing the Premier Members Credit Union, testified in support of the bill. Mr. Ben Metzger, representing Canvas Credit Union, testified in support of the bill. Mr. Joe Adamack, representing the GoWest Credit Union Association, testified in support of the bill. Ken Boldt, representing the Colorado Division of Banking, was available to answer committee questions. Mr. Nathan Cape, representing Minnequa Works Credit Union, testified in support of the bill. Members of the panel answered questions from members of the committee. 02:51:40 PM Reprsentative Frizell explained amendment L.001 (Attachment A). The bill sponsors commented on the amendment. 02:55:36 PM Motion Adopt amendment L.001 Moved Frizell Seconded English Armagost Yes Brown No Clifford No English No Frizell Yes Lindstedt No Lynch Yes Mabrey No Mauro No Ricks No Amabile Yes YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 02:56:24 PM Representatives Amabile and Lindstedt gave closing remarks. Members of the committee gave closing remarks. 02:57:39 PM Motion Refer House Bill 24-1351 to the Committee on Appropriations. Moved Amabile Seconded Lindstedt Armagost No Brown Yes Clifford Yes English Yes Frizell No Lindstedt Yes Lynch No Mabrey Yes Mauro Yes Ricks No Amabile Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS