CLICS/CLICS2020A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB20-068
SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY
Date Feb 10, 2020
Location SCR 354
SB20-068 - Amended, referred to the Committee of the Whole - Consent Calendar
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01:40:51 PM |
The committee took a recess.
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01:42:56 PM |
The committee came back to order.
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01:43:06 PM |
Senator Moreno introduced Senate Bill 20-068 concerning interstate branches for credit unions. The bill allows a Colorado state credit union to open one or more new credit union branches outside of Colorado after providing written notice to the Financial Services Commissioner. Senator Moreno distributed Amendment L.002 (Attachment B) and two handouts to the committee (Attachments C and D).
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01:45:50 PM |
Melanie Layton, Colorado Bankers Association, spoke neutrally about the bill.
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01:46:43 PM |
Chris Myklebust, CANVAS Credit Union, spoke in favor of the bill.
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01:49:27 PM |
Senator Moreno responded to questions from the committee.
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01:50:51 PM
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Motion |
Adopt amendment L.002 |
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| Moved |
Danielson |
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| Seconded |
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Priola |
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Story |
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Tate |
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Danielson |
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Williams A. |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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01:51:40 PM
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Motion |
Refer Senate Bill 20-068, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. |
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| Moved |
Danielson |
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| Seconded |
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Priola |
Yes |
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Story |
Yes |
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Tate |
Yes |
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Danielson |
Yes |
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Williams A. |
Yes |
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Final |
YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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