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F0E651BCC1A391E28725898F000674F7 Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1266

HOUSE COMMITTEE ON TRANSPORTATION, HOUSING & LOCAL GOVERNMENT
Date Apr 11, 2023      
Location LSB A



HB23-1266 - Amended, referred to the Committee of the Whole


07:10:33 PM  
Representatives Brown
and Ricks, co-prime sponsors, introduced and explained House Bill 23-1266
concerning the suspension of the requirement to repay a reverse mortgage
in certain unforseeable circumstances that make the home uninhabitable.

07:17:21 PM  
The bill sponsors responded to questions from committee members.
07:18:59 PM  
Mrs. Christine Jensen,
representing Colorado Mortgage Lenders Association, testified to amend
the bill.  Mary White, representing themself, testified to amend the
bill.  Paul Weissmann, representing themself, testified in support
of the bill.  Mr. Bruce Simmons, representing themself, testified
to amend the bill.
07:24:55 PM  
The witness panel responded to questions from committee members.
07:38:20 PM  
The bill sponsors
explained amendment L.002 (Attachment E).

07:38:30 PM  
The bill sponsors responded to questions from committee members.


07:50:00 PM
Motion Adopt amendment L.002 (Attachment E).
Moved Froelich
Seconded Dickson
Boesenecker
Catlin
Dickson
Lindsay
Mabrey
Mauro
McCormick
Parenti
Taggart
Wilson
Winter T.
Lindstedt
Froelich
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
07:50:01 PM  
The bill sponsors made closing remarks.
07:52:22 PM  
Committee members made closing remarks.


07:54:11 PM
Motion Refer House Bill 23-1266, as amended, to the Committee of the Whole.
Moved Froelich
Seconded Dickson
Boesenecker Yes
Catlin No
Dickson Yes
Lindsay Yes
Mabrey Yes
Mauro Yes
McCormick Yes
Parenti Yes
Taggart No
Wilson No
Winter T. No
Lindstedt Yes
Froelich Yes
Final YES: 9   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS