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H_FIN_2025A 03/13/2025 11:00:59 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
Date 03/13/2025
Attendance
Brooks X
Camacho X
DeGraaf E
Garcia X
Gonzalez R. X
Joseph X
Marshall X
Richardson X
Stewart R. X
Weinberg X
Zokaie *
Titone X
Lindstedt X
Time 11:00:59 AM to 02:17:59 PM
Place HCR 0112
This Meeting was called to order by Lindstedt
This Report was prepared by Jessika Shipley
Hearing Items Action Taken
HB25-1282 Referred to the Committee of the Whole

HB25-1282 - Referred to the Committee of the Whole

11:02:15 AM  
Representatives Brooks and Lindstedt, co-prime sponsors, presented House Bill 25-1282. The bill restricts how payment card networks set interchange fees and use data. The sponsors distributed several information sheets about the bill (Attachments A through E) and responded to committee questions.
11:14:52 AM  
Committee discussion continued with the bill sponsors.
11:30:53 AM  
The discussion continued.
11:34:27 AM  
Sonia Riggs, representing
the Colorado Restaurant Association, testified in support of the bill.
Aileen Reilly, representing Coperta, testified in support of the bill.
Brennan Ducket, representing the National Restaurant Association, testified
in support of the bill. Chris Howes, representing the Colorado Retail Council,
testified in support of the bill. The witnesses responded to questions
from the committee.
11:53:36 AM  
Carly West, representing
Denver Metro Chamber of Commerce, testified in opposition to the bill.
Rachel Beck, representing the Colorado Competitive Council, testified in
opposition to the bill. Steven Rauschenberger, representing the Electronic
Payment Coalition, testified in opposition to the bill. Brian Yates, representing
the Electronic Payment Coalition, testified in opposition to the bill.
The witnesses responded to questions from the committee.
12:10:18 PM  
Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill. Lavonne Heaviland, representing FirstBank, testified in opposition to the bill. Ms. Katie March, representing Colorado's Credit Unions, testified in opposition to the bill. The witnesses responded to questions from the committee.
12:24:00 PM  
Mr. Scott Sager, representing Colorado Credit Union, testified in opposition to the bill. Nathan Cape, representing Minnequa works credit union, testified in opposition to the bill. Mrs. Lisa Mixon, representing Credit Union of Colorado, testified in opposition to the bill. John Stelzriede, representing Independent Community Bankers of Colorado/Alpine Bank, testified in opposition to the bill. Mr. Dennis Paul, representing GoWest Credit Union Association, testified in opposition to the bill. Megan Harmon, representing Independent Community Bankers of Colorado/The Eastern Colorado Bank, testified in opposition to the bill. The witnesses responded to committee questions.
12:42:22 PM  
Jean-Philippe Failyau, representing Gastamo Group, testified in support of the bill. Michael Smith, representing the National Federation of Independent Businesses, testified in support of the bill. Jennifer Boyce, representing Sage Hospitality, testified in support of the bill. Mr. Grier Bailey, representing Colorado Wyoming Petroleum Marketers Association, testified in support of the bill. The witnesses responded to questions from the committee.
01:01:24 PM  
Mr. Sam DeWitt, representing the Colorado Brewers Association, testified in support of the bill. John Winter, representing himself, testified in support of the bill. Katie Nicholson, representing herself, testified in support of the bill. Jeff Riester, representing the Department of Law, was available to respond to committee questions. Carlin Walsh, representing himself, testified in support of the bill. Steve Kanatzar, representing Airplane Restaurant, testified in support of the bill. The witnesses responded to questions from the committee.
01:21:35 PM  
Marc Steron, representing Shanahan's, testified in support of the bill. Joshua Mantell, representing The Bell Policy Center, testified in support of the bill. Brenda Lucio, representing Lucio Family of Restaurants, testified in support of the bill. Mr. Anthony Wheeler, representing The Melting Pot of Littleton, testified in support of the bill. Mr. Chris Milburn, representing Dickeys BBQ and The Melting Pot, testified in support of the bill. Will Trautman, representing Stoney's/Tavern League of Colorado, was available to answer committee questions. The witnesses responded to committee questions.
01:36:33 PM  
Lauren Roberts, representing City, O'City, testified in support of the bill. Aubrey Hall, representing City, O'City, testified in support of the bill. Dallas Skare, representing himself, testified in support of the bill. Dan Swanson, representing himself, testified in support of the bill. The witnesses responded to committee questions.
01:57:53 PM  
Danielle Jurinsky,
representing Tavern League of Colorado, testified in support of the bill.
 




Written testimony
for the bill is included as Attachment F.
02:00:31 PM  
The bill sponsors made closing remarks and asked for a favorable recommendation.


02:17:45 PM
Motion Refer House Bill 25-1282 to the Committee of the Whole.
Moved Lindstedt
Seconded Brooks
Brooks Yes
Camacho No
DeGraaf Excused
Garcia Yes
Gonzalez R. Yes
Joseph Yes
Marshall No
Richardson No
Stewart R. Yes
Weinberg Yes
Zokaie Yes
Titone Yes
Lindstedt Yes
Final YES: 9   NO: 3   EXC: 1   ABS:  0   FINAL ACTION:  PASS


02:17:59 PM   The committee adjourned.