s_blt_2017a_2017-02-14t10:10:27z6 Hearing Summary
Date: 02/14/2017
Location: SCR 354
BILL SUMMARY for Sunset Review Hearing Division of Insurance
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Votes: View--> | Action Taken: |
Adopt language to include in the draft bill for th Introduce draft bill OLLS No. 17-0301, Sunset Divi |
Pass Without Objection PASS |
12:02 PM -- Sunset Review Hearing Division of Insurance
The sunset review hearing for the Division of Insurance was held on January 30, 2017. Senator Tate introduced discussion of the proposed bill.
12:05 PM -- Peg Brown, Division of Insurance, discussed a proposed pilot program.
BILL: | Sunset Review Hearing Division of Insurance | |
TIME: | 12:09:30 PM | |
MOVED: | Tate | |
MOTION: | Introduce draft bill OLLS No. 17-0301, Sunset Division of Insurance, that would include recommendations 1, 2, 3, 4, and 13. The motion passed on a vote of 7-0. | |
SECONDED: | ||
VOTE
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Jahn
|
Yes
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Kerr
|
Yes
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Priola
|
Yes
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Smallwood
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Yes
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Williams A.
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Yes
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Neville T.
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Yes
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Tate
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Yes
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|
YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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12:12 PM
Senator Smallwood discussed recommendation 8, regarding preneed funeral insurance sellers in Colorado. Committee discussion ensued.
12:24 PM -- Peg Brown returned to the table to respond to the committee's discussion. She responded to questions from the committee.
BILL: | Sunset Review Hearing Division of Insurance | |
TIME: | 12:29:34 PM | |
MOVED: | Williams A. | |
MOTION: | Adopt language to include in the draft bill for the Division to pursue bringing noncompliant preneed sellers into compliance with state regulations. The motion passed without objection. | |
SECONDED: | ||
VOTE
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Jahn
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Kerr
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Priola
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||
Smallwood
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Williams A.
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||
Neville T.
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||
Tate
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||
YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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12:31 PM
Yelana Love, Office of Legislative Legal Services, came to the table to clarify the request to include a legislative declaration.
12:33 PM -- Peg Brown, Division of Insurance, responded to discussion by the committee.
Senators Williams and Smallwood were assigned joint sponsors.
12:35 PM
The committee adjourned.