h_fin_2017a_2017-02-15t11:23:21z0 Hearing Summary
Date: 02/15/2017
Location: LSB A
BILL SUMMARY for HB17-1093
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer House Bill 17-1093 to the Committee of the W | PASS |
11:23 AM -- HB17-1093
The committee was called to order. A quorum was present. Representative Ransom, prime sponsor, presented House Bill 17-1093, which increases the exemption for the cash surrender value of a life insurance policy from $100,000 to $250,000. Representative Ransom responded to questions from the committee. Committee members received a list of state laws related to the cash surrender value of life insurance policies (Attachment A).
17HouseFin0215AttachA.pdf
11:29 AM -- Mr. Bill Hall, representing the life insurance industry , testified in support of the bill. Mr. Hall responded to questions and comments from the committee.
11:36 AM -- Mr. Phil Ross, representing himself, testified in support of the bill.
11:40 AM
Representative Ransom made closing remarks on the bill.
| BILL: | HB17-1093 | |
| TIME: | 11:41:10 AM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer House Bill 17-1093 to the Committee of the Whole. The motion passed on a vote of 13-0. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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Beckman
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Yes
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Benavidez
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Yes
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Catlin
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Yes
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Covarrubias
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Yes
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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Yes
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Michaelson Jenet
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Yes
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Thurlow
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Yes
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Van Winkle
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Yes
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Foote
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Yes
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Pabon
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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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