h_bus_2016a_2016-03-08t13:33:52z0 Hearing Summary
Date: 03/08/2016
Final
BILL SUMMARY for HB16-1306
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
| Votes: View--> | Action Taken: |
| Adopt amendment L.001. The motion passed without o Refer House Bill 16-1306, as amended, to the Commi |
Pass Without Objection PASS |
01:34 PM -- HB 16-1306
Representative Williams, sponsor, introduced House Bill 16-1306. The bill amends, relocates, or repeals provisions of Colorado's mortgage loan originator licensing statutes that conflict with or have been rendered unnecessary by recent changes to federal law, or no longer reflect current national industry standards.
Representative Williams provided the committee with a copy of amendment L.001 (Attachment A).
160308 AttachA.pdf
01:38 PM -- Jayne Bail, Colorado Association of Mortgage Professionals (COAMP), testified in opposition to the bill. Ms. Bail responded to questions from the committee.
01:56 PM -- Cary Whitaker, Colorado Mortgage Lenders Association (CMLA), testified in support of the bill. Mr. Whitaker responded to questions from the committee.
02:03 PM -- Terry Jones, CMLA, testified in support of the bill. Mr. Jones responded to questions from the committee.
02:15 PM -- Jenifer Waller, Colorado Bankers Association, testified in support of the bill.
| BILL: | HB16-1306 | |
| TIME: | 02:16:57 PM | |
| MOVED: | Williams | |
| MOTION: | Adopt amendment L.001. The motion passed without objection. | |
| SECONDED: | Navarro | |
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VOTE
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Arndt
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Garnett
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Navarro
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Nordberg
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Pabon
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Rosenthal
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Roupe
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Sias
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Thurlow
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Winter
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Wist
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Kraft-Tharp
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Williams
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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02:18 PM
Representative Williams made closing remarks on the bill.
| BILL: | HB16-1306 | |
| TIME: | 02:18:30 PM | |
| MOVED: | Williams | |
| MOTION: | Refer House Bill 16-1306, as amended, to the Committee of the Whole. The motion passed on a vote of 13-0. | |
| SECONDED: | Arndt | |
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VOTE
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Arndt
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Yes
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Garnett
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Yes
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Navarro
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Yes
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Nordberg
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Yes
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Pabon
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Yes
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Rosenthal
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Yes
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Roupe
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Yes
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Sias
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Yes
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Thurlow
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Yes
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Winter
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Yes
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Wist
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Yes
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Kraft-Tharp
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Yes
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Williams
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Yes
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Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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02:20 PM
The committee adjourned.