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S_BLT_2024A 04/23/2024 04:21:19 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date 04/23/2024
Attendance
Baisley X
Coleman X
Ginal X
Liston X
Sullivan X
Hinrichsen X
Danielson X
Time 04:21:19 PM to 04:49:21 PM
Place SCR 352
This Meeting was called to order by Danielson
This Report was prepared by Jeanette Chapman
Hearing Items Action Taken
HB24-1324 Amended, referred to the Committee of the Whole
HB24-1321 Referred to the Committee of the Whole - Consent Calendar
HB24-1228 Referred to the Committee of the Whole - Consent Calendar

HB24-1324 - Amended, referred to the Committee of the Whole


04:21:34 PM  
Senators Liston and
Hinrichsen introduced House Bill 24-1324, concerning the Attorney General's
oversight of restrictive employment agreements.  The bill allows the
Department of Law to adopt rules related to such agreements. The sponsors
distributed Amendment L.007 (Attachment A).
04:22:40 PM  
Attorney General Phil Weiser, representing the Department of Law, testified in support of the bill.
04:31:13 PM  
Rachel Beck, representing the Colorado Competitive Council, testified to amend the bill.
04:32:56 PM  
Alison Morgan, representing the Colorado Bankers Association, testified in a neutral position on the bill.
04:36:29 PM  
Senator Liston explained
the purpose of Amendment L.007.


04:37:23 PM
Motion Adopt amendment L.007
Moved Liston
Seconded
Baisley
Coleman
Ginal
Liston
Sullivan
Hinrichsen
Danielson
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:38:10 PM
Motion Refer House Bill 24-1324, as amended, to the Committee of the Whole.
Moved Liston
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan Yes
Hinrichsen Yes
Danielson Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB24-1321 - Referred to the Committee of the Whole - Consent Calendar


04:38:33 PM  
Senators Roberts
and Hinrichsen introduced House Bill 24-1321, concerning insurance holding
company model regulations. The bill modifies insurance company holding
system requirements to align with national standards. The sponsors responded
to questions from the committee.
04:40:23 PM  
Mr. Rolf Kaumann, representing Colorado Division of Insurance, testified in support of the bill.


04:46:33 PM
Motion Refer House Bill 24-1321 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hinrichsen
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan Yes
Hinrichsen Yes
Danielson Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB24-1228 - Referred to the Committee of the Whole - Consent Calendar




04:49:06 PM
Motion Refer House Bill 24-1228 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hinrichsen
Seconded
Baisley Yes
Coleman Yes
Ginal Yes
Liston Yes
Sullivan Yes
Hinrichsen Yes
Danielson Excused
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS


04:49:21 PM   The committee adjourned.






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