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h_bus_2017a_2017-03-16t13:30:37z0 Hearing Summary

Date: 03/16/2017

Location: LSB A

Final

BILL SUMMARY for HB17-1214



HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR


Votes: View--> Action Taken:
Adopt amendment L.002. The motion passed without o

Adopt amendment L.003. The motion passed without o

Refer House Bill 17-1214, as amended, to the Commi
Pass Without Objection

Pass Without Objection

PASS







01:31 PM -- HB 17-1214



Representative Coleman introduced House Bill 17-1214. The bill requires the Office of Economic Development and International Trade (OEDIT) to establish a revolving loan fund program to assist existing businesses with a transition to becoming employee-owned businesses.



Representative Coleman provided a fact sheet (Attachment A), amendment L.002 and an associated memorandum from Legislative Council Staff (Attachments B and C), and amendment L.003 (Attachment D).



170316 AttachA.pdf170316 AttachA.pdf170316 AttachB.pdf170316 AttachB.pdf170316 AttachC.pdf170316 AttachC.pdf170316 AttachD.pdf170316 AttachD.pdf



Representative Coleman responded to questions from the committee.



01:42 PM --
Eloise Hirsch, OEDIT, responded to questions from the committee.



01:49 PM --
Halisi Vinson, Rocky Mountain Employee Ownership Center (RMEOC), testified in support of the bill. Ms. Vinson provided a handout to the committee (Attachment E).



170316 AttachE.pdf170316 AttachE.pdf



01:51 PM --
Jason Wiener, Jason Wiener P.C., testified in support of the bill. Mr. Wiener responded to questions from the committee.



01:57 PM



Ms. Vinson and Representative Coleman continued to respond to questions from the committee.



02:00 PM --
Jenifer Waller, Colorado Bankers Association, testified in support of the bill.



02:01 PM --
Abdi Buni, Green Taxi Cooperative, testified in support of the bill.



02:04 PM --
Umit Kaya, Happy Ladybug Early Learning Center, testified in support of the bill.


BILL: HB17-1214
TIME: 02:07:09 PM
MOVED: Coleman
MOTION: Adopt amendment L.002. The motion passed without objection.
SECONDED: Winter
VOTE
Arndt
Coleman
Garnett
Gray
Navarro
Nordberg
Rosenthal
Sias
Thurlow
Van Winkle
Williams D.
Winter
Kraft-Tharp
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL: HB17-1214
TIME: 02:11:07 PM
MOVED: Coleman
MOTION: Adopt amendment L.003. The motion passed without objection.
SECONDED: Winter
VOTE
Arndt
Coleman
Garnett
Gray
Navarro
Nordberg
Rosenthal
Sias
Thurlow
Van Winkle
Williams D.
Winter
Kraft-Tharp
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection





02:12 PM



Representative Coleman made closing remarks.


BILL: HB17-1214
TIME: 02:12:20 PM
MOVED: Coleman
MOTION: Refer House Bill 17-1214, as amended, to the Committee of the Whole. The motion passed on a vote of 7-6.
SECONDED: Gray
VOTE
Arndt
Yes
Coleman
Yes
Garnett
Yes
Gray
Yes
Navarro
No
Nordberg
No
Rosenthal
Yes
Sias
No
Thurlow
No
Van Winkle
No
Williams D.
No
Winter
Yes
Kraft-Tharp
Yes
Final YES: 7 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: PASS














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