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S_FIN_2020A 06/02/2020 11:36:53 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 06/02/2020
Attendance
Lundeen *
Moreno X
Story X
Tate *
Woodward X
Hansen X
Gonzales X
Time 11:36:53 AM to 04:28:30 PM
Place SCR 357
This Meeting was called to order by Senator Gonzales
This Report was prepared by Elizabeth Burger
Hearing Items Action Taken
SCR20-001 Referred to the Committee of the Whole - Consent Calendar
SB20-211 Amended, referred to the Committee of the Whole
SB20-207 Amended, referred to Senate Appropriations
SB20-210 Referred to Senate Appropriations

X = Present, E = Excused, A = Absent, * = Present after roll call

SB20-210 - Lay Over


11:37:08 AM  

Senator Gonzales presented Senate Bill 20-210, which continues the $4 fee for Uniform Commercial Code filings through June 30, 2024, and continues the requirement for the Fraud Investigators Unit to report on its activities until July 1, 2025.  She laid the bill over until later in the hearing.



SCR20-001 - Referred to the Committee of the Whole - Consent Calendar


11:43:03 AM  

Senators Tate and Hansen presented Senate Concurrent Resolution 20-001, which submits a question to voters to repeal from the constitution the nonresidential assessment rate of 29 percent, the calculation of the target percentage, and the requirement that the residential assessment rate be set to achieve the target percentage.  Senators Tate and Hansen responded to committee questions.  Copies of the written testimony received on the bill can be found in Attachment A.



11:58:43 AM
Motion Refer SCR20-001 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hansen
Seconded
Lundeen Yes
Moreno Yes
Story Yes
Tate Yes
Woodward Yes
Hansen Yes
Gonzales Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS



11:58:47 AM
The committee recessed.



SB20-211 - Amended, referred to the Committee of the Whole


01:45:30 PM  
The committee reconvened. Senators Gonzales and Winter presented Senate Bill 20-211, which creates a 180-day prohibition on new extraordinary debt collection actions, modifies the thresholds for certain property that are exempt from levy, and amends the formulas for determining the amount of earnings subject to garnishment.
02:23:44 PM  
Alan Greenberg, representing Colorado Creditors
Bar Association, testified in opposition to the bill.
02:31:26 PM  
Brett Riley, representing BC Services, Inc, testified in opposition to the bill.
02:37:40 PM  
Christopher Landers, representing Intergral Recoveries, testified in opposition to the bill.
02:42:00 PM  
Heather Cannon, representing Machol & Johannes, LLC, testified in opposition to the bill.
02:45:30 PM  
Jacques Machol, representing Machol & Johannes, LLC, testified in opposition to the bill.
02:52:11 PM  
James Wolf, representing Stokes & Wolf, P.C. , testified in opposition to the bill.
02:55:40 PM  
Jennifer Mello, representing Receivables Management Association International, testified to amend the bill.
02:56:40 PM  
Sandra Gale, representing Stokes & Wolf, P.C., testified in opposition to the bill.
03:05:34 PM  
Jessi Reid, representing Intergral Recoveries, testified in opposition to the bill.
03:07:49 PM  
Matt Berumen, representing Credit Service Company, testified in opposition to the bill.
03:10:54 PM  
Scott Allely, representing Associated Collections Agencies of Colorado, testified in opposition to the bill.
03:14:05 PM  

Stacy Stein, representing herself, testified in opposition to the bill.

03:18:09 PM  
Yosy Janson, representing self, testified in opposition to the bill.
03:21:26 PM  
Scott Chase, representing Encore Capital Group, testified in opposition to the bill.
03:25:17 PM  
Tyler Jaeckel, representing The Bell Policy Center, testified in support of the bill.
03:26:44 PM  
Jenifer Waller, representing Colorado Bankers Association, testified in opposition to the bill.
03:38:44 PM  
Makyla Moody, representing Colorado Creditors
Bar Association, testified in opposition to the bill.
03:43:31 PM  
Guy Humphries, representing himself, testified in support of the bill.
03:44:16 PM  

Kevin Hutchin, representing himself, testified in opposition to the bill.  Copies of written testimony received on the bill can be found in Attachment B.  Senator Gonzales distributed amendment L.002 (Attachment C).



03:59:55 PM
Motion Adopt amendment L.002
Moved Gonzales
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:09:49 PM
Motion Refer Senate Bill 20-211, as amended, to the Committee of the Whole.
Moved Gonzales
Seconded
Lundeen No
Moreno Yes
Story Yes
Tate No
Woodward No
Hansen Yes
Gonzales Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB20-207 - Amended, referred to Senate Appropriations

04:10:33 PM  

Senator Hansen and Winter, co-prime sponsors, presented Senate Bill 20-207.  The bill amends the Colorado Employment Security Act to codify current practices, address public health emergencies, and to increase the amount a person can earn while receiving benefits.  It also requires a study of the feasibility of unemployment insurance for people in the gig economy.

04:19:29 PM  

Tyler Jaeckel, representing The Bell Policy Center, testified in support of the bill.  Written testimony on the bill can be found in Attachment D.  Amendments L.001, L.004, L.008, L.009, L.012, and L.013 were distributed to the committee (Attachments E through J).



04:21:58 PM
Motion Adopt amendment L.001
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:22:13 PM
Motion Adopt amendment L.004
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:22:28 PM
Motion Adopt amendment L.008
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:22:47 PM
Motion Adopt amendment L.009
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:23:06 PM
Motion Adopt amendment L.012
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:23:25 PM
Motion Adopt amendment L.013
Moved Hansen
Seconded
Lundeen
Moreno
Story
Tate
Woodward
Hansen
Gonzales
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:25:32 PM
Motion Refer Senate Bill 20-207, as amended, to the Committee on Appropriations.
Moved Hansen
Seconded
Lundeen No
Moreno Yes
Story Yes
Tate No
Woodward No
Hansen Yes
Gonzales Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB20-210 - Referred to Senate Appropriations




04:28:15 PM
Motion Refer Senate Bill 20-210 to the Committee on Appropriations.
Moved Gonzales
Seconded
Lundeen No
Moreno Yes
Story Yes
Tate No
Woodward No
Hansen Yes
Gonzales Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS


04:28:30 PM   The committee adjourned.