CLICS/CLICS2020A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB20-047
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Jan 27, 2020
Location Old Supreme Court Chamber
SB20-047 - Referred to the Committee of the Whole - Consent Calendar
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02:12:31 PM |
Senator Williams and Senator Tate introduced Senate Bill 20-047 concerning the definition of real estate appraisal. The bill exempts an agent of a financial institution or its affiliate from the definition of real estates appraiser when his or her analysis is used for internal purposes only. This exemption conforms with federal law.
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02:16:10 PM |
Krysta Gerstner, First Bank, spoke in favor of the bill.
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02:17:17 PM |
Jenifer Waller, Colorado Bankers Association, spoke in favor of the bill.
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02:17:34 PM |
Michael Van Norstrand, Independent Bankers of Colorado, spoke in favor of the bill.
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02:20:34 PM
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Motion |
Refer Senate Bill 20-047 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. |
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Moved |
Williams A. |
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Seconded |
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Priola |
Yes |
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Story |
Yes |
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Tate |
Yes |
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Danielson |
Yes |
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Williams A. |
Yes |
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Final |
YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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