CLICS/CLICS2018A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB18-210
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Mar 28, 2018
Location SCR 354
SB18-210 - Referred to Senate Finance
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02:07:37 PM |
Senator Tate introduced Senate Bill 18-210,
concerning regulation of appraisal management companies. The bill
modifies the definition of appraisal management company to comport with
federal law and requires the Board of Real Estate Appraisers to collect
a new federal fee on certain appraisers.
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02:09:30 PM |
Jayne Bail, Colorado Association of Mortgage
Professionals, spoke in favor of the bill. She provided a handout to the
committee (Attachment A).
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02:11:00 PM |
Jenifer Waller, Colorado Bankers Association, spoke in favor of the bill.
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02:11:35 PM |
Terry Jones, Colorado Mortgage Lenders Association, spoke in favor of the bill. He responded to questions from the committee.
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02:15:29 PM |
Ms. Waller responded to questions from the committee.
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02:16:04 PM |
Lee Ormiston, Colorado Coalition of Appraisers, spoke in favor of the bill. He responded to questions from the committee.
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02:22:48 PM |
Marcia Waters, Division of Real Estate in the Department of Regulatory Agencies, responded to questions from the committee.
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02:25:42 PM
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Motion |
Refer Senate Bill 18-210 to the Committee on Finance. |
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| Moved |
Tate |
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| Seconded |
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Jahn |
Yes |
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Kerr |
Yes |
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Priola |
Excused |
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Smallwood |
Yes |
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Williams A. |
Yes |
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Neville T. |
Yes |
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Tate |
Yes |
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Final |
YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
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