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C781830FF29DC7FB8725868E00751ACF Hearing Summary




PUBLIC
BILL SUMMARY For SB21-057

SENATE COMMITTEE ON EDUCATION
Date Mar 4, 2021      
Location SCR 357



SB21-057 - Referred to Senate Finance


02:19:07 PM  
Senator Winter and
Senator Gonzales, co-sponsors, presented SB 21-057, which concerns requirements
for private education lenders.  The co-sponsors gave opening comments
on the bill and answered questions from the committee.
02:31:25 PM  
Morgan Royal, representing New Era Colorado, testified in support of the bill. Ms. Royal answered questions from the committee.
02:41:40 PM  
Seth Frotman, representing the Student Borrower Protection Center, testified in support of the bill.
02:45:52 PM  
Karen Cody-Hopkins, representing herself as an attorney, testified in support of the bill.
02:50:35 PM  
Kelly Schwandt, representing Atlantis Community, Inc., testified in support of the bill.
02:54:12 PM  
Laura Valle-Gutierrez, representing Bell Policy Center, testified in support of the bill.
02:57:25 PM  
Sarah Staron, representing Young Invincibles, testified in support of the bill.
03:01:32 PM  
Victoria Dadet, representing Let My People Vote, testified in support of the bill.
03:05:34 PM  
Hayley Banyai-Becker, representing herself, testified in support of the bill.
03:08:56 PM  
Javier Alvarado-Vega, representing himself, testified in support of the bill.
03:12:18 PM  
Clayton Schneider, representing himself, testified in support of the bill.
03:16:52 PM  
Nat Landin, representing
theirself, testified in support of the bill.
03:20:48 PM  
Noelle Trueheart, representing herself, testified in support of the bill.
03:24:11 PM  
Fabian Laguna, representing himself, testified in support of the bill.
03:27:58 PM  
Hiba Hussain, representing herself, testified in support of the bill.
03:30:41 PM  
Makyla Moody, representing Colorado Creditors Bar Association, testified to amend the bill. Ms. Moody answered questions from the committee.
03:37:34 PM  
Kirk McCracken, representing Todd, Bremer, & Lawson, Inc., testified to amend the bill. Mr. McCracken answered questions from the committee.
03:43:19 PM  
Scott Allely, representing Associated Collection Agencies, testified in opposition to the bill.
03:47:30 PM  
Brittany Fischer, representing Galvanize, testified in a neutral position on the bill. Ms. Fischer answered questions from the committee.
03:52:08 PM  
Several witnesses
submitted written testimony on the bill, which can be found as Attachment
D.  Senator Winter answered questions from the committee and provided
closing comments on the bill.
03:55:48 PM  
Committee members
provided closing comments on the bill.


03:57:45 PM
Motion Refer Senate Bill 21-057 to the Committee on Finance.
Moved Story
Seconded
Bridges Yes
Buckner Yes
Kirkmeyer No
Lundeen No
Priola No
Story Yes
Zenzinger Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






COVID-19 Resources
2021 Ballot Information Booklet (Blue Book)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.