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H_BUS_2018A 04/19/2018 01:31:32 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
Date 04/19/2018
Attendance
Arndt X
Coleman X
Exum X
Garnett X
Gray X
Liston X
Sandridge X
Sias X
Thurlow X
Van Winkle X
Williams D. X
Rosenthal *
Kraft-Tharp X
Time 01:31:32 PM to 02:21:07 PM
Place LSB A
This Meeting was called to order by Kraft-Tharp
This Report was prepared by Elizabeth Burger
Hearing Items Action Taken
HB18-1298 Amended, referred to the Committee of the Whole
HB18-1373 Referred to the Committee of the Whole
SB18-210 Referred to House Finance

HB18-1298 - Amended, referred to the Committee of the Whole


01:32:25 PM  
Representatives Bridges and Pettersen distributed
and discussed amendment L.003 (Attachment A).  The amendment, a strike
below, creates the Colorado Secure Savings Plan Board to study the feasibility
of creating the Colorado Secure Savings Plan as well as other approaches
to increase the amount of retirement savings by private sector workers.
 The bill sponsors responded to questions from the committee.
01:40:04 PM  
Committee discussion on amendment L.003 continued.


01:43:42 PM
Motion Adopt amendment L.003
Moved Garnett
Seconded Arndt
Arndt
Coleman
Exum
Garnett
Gray
Liston
Sandridge
Sias
Thurlow
Van Winkle
Williams D.
Rosenthal
Kraft-Tharp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


01:45:43 PM
Motion Refer House Bill 18-1298, as amended, to the Committee of the Whole.
Moved Arndt
Seconded Gray
Arndt Yes
Coleman Yes
Exum Yes
Garnett Yes
Gray Yes
Liston No
Sandridge No
Sias No
Thurlow No
Van Winkle No
Williams D. No
Rosenthal Yes
Kraft-Tharp Yes
Final YES: 7   NO: 6   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB18-1373 - Referred to the Committee of the Whole


01:46:09 PM  
Representatives J. Becker and Hansen introduced House Bill
18-1373. The bill authorizes the Governor's Office of Information Technology
to enter into lease agreements through public-private partnerships with
private entities to use space on the state's telecommunication network
towers.  Any negotiated lease rates must be based on local market-based
rates.
01:47:31 PM  
Representatives J. Becker and Hansen responded to questions from the committee.


01:51:10 PM
Motion Refer House Bill 18-1373 to the Committee of the Whole.
Moved Gray
Seconded Van Winkle
Arndt Yes
Coleman Yes
Exum Yes
Garnett No
Gray Yes
Liston Yes
Sandridge Yes
Sias Yes
Thurlow Yes
Van Winkle Yes
Williams D. Yes
Rosenthal Yes
Kraft-Tharp Yes
Final YES: 12   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB18-210 - Referred to House Finance


01:51:17 PM  

Representatives Hooton and Arndt introduced Senate Bill 18-210. The bill modifies the definition of "appraisal management company" to comport with recent federal language changes.  It requires the Board of Real Estate Appraisers in the Department of Regulatory Agencies to maintain a list of appraisal management companies that have an appraiser panel larger than specified federal thresholds.  The board must also require that an appraisal management company establish processes and controls to ensure compliance with certain federal regulations, including the Truth in Lending Act.  Finally, the board must collect an annual registry fee from appraisal management companies that operate as subsidiaries of federally regulated financial institutions, and transmit the fee to the Federal Financial Institutions Examinations Council.

01:53:40 PM  
The bill sponsors responded to questions from the committee.
01:54:25 PM  
Committee discussion on the bill continued.
01:59:35 PM  

Marcia Waters, Department of Regulatory Agencies, Division of Real Estate, responded to questions from the committee.

02:08:07 PM  

Melanie Layten, Colorado Bankers Association, testified in support of the bill.

02:11:57 PM  

Karen Kalavitty, representing herself, testified regarding her concerns with real estate appraisals.

02:16:13 PM  
The bill sponsors gave concluding remarks regarding the bill.
02:18:06 PM  
Members of the committee commented on the bill.


02:20:52 PM
Motion Refer Senate Bill 18-210 to the Committee on Finance.
Moved Gray
Seconded Liston
Arndt Yes
Coleman Yes
Exum Yes
Garnett Yes
Gray Yes
Liston Yes
Sandridge No
Sias Yes
Thurlow Yes
Van Winkle No
Williams D. No
Rosenthal Yes
Kraft-Tharp Yes
Final YES: 10   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS


02:21:07 PM   Committee Adjourned






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