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S_BLT_2018A 03/28/2018 02:05:07 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date 03/28/2018
Attendance
Jahn X
Kerr X
Priola X
Smallwood X
Williams A. X
Neville T. X
Tate X
Time 02:05:07 PM to 02:25:55 PM
Place SCR 354
This Meeting was called to order by Tate
This Report was prepared by Jeanette Chapman
Hearing Items Action Taken
SB18-193 Referred to Senate Appropriations
SB18-210 Referred to Senate Finance

SB18-193 - Referred to Senate Appropriations
02:05:22 PM  
Senator Coram briefly discussed Senate
Bill 18-193, which the committee heard testimony for on March 14, 2018.
 The bill requires state agencies to review occupational regulations.


02:07:29 PM
 Motion Refer Senate Bill 18-193 to the Committee on Appropriations.
Moved Neville T.
Seconded
Jahn No
Kerr No
Priola Yes
Smallwood Yes
Williams A. No
Neville T. Yes
Tate Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



SB18-210 - Referred to Senate Finance
02:07:37 PM  
Senator Tate introduced Senate Bill 18-210,
concerning regulation of appraisal management companies.  The bill
modifies the definition of appraisal management company to comport with
federal law and requires the Board of Real Estate Appraisers to collect
a new federal fee on certain appraisers.
02:09:30 PM  
Jayne Bail, Colorado Association of Mortgage
Professionals, spoke in favor of the bill. She provided a handout to the
committee (Attachment A).
02:11:00 PM  
Jenifer Waller, Colorado Bankers Association, spoke in favor of the bill.
02:11:35 PM  
Terry Jones, Colorado Mortgage Lenders Association, spoke in favor of the bill. He responded to questions from the committee.
02:15:29 PM  
Ms. Waller responded to questions from the committee.
02:16:04 PM  
Lee Ormiston, Colorado Coalition of Appraisers, spoke in favor of the bill. He responded to questions from the committee.
02:22:48 PM  
Marcia Waters, Division of Real Estate in the Department of Regulatory Agencies, responded to questions from the committee.


02:25:42 PM
 Motion Refer Senate Bill 18-210 to the Committee on Finance.
Moved Tate
Seconded
Jahn Yes
Kerr Yes
Priola Excused
Smallwood Yes
Williams A. Yes
Neville T. Yes
Tate Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS


02:25:55 PM   Committee Adjourned