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98DCE2A8065BC50887258AB5005AF0AF Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1011

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Jan 31, 2024      
Location HCR 0112



HB24-1011 - Amended, referred to the Committee of the Whole


09:33:20 AM  
Representatives Amabile
and Brown opened on House Bill 24-1011 regarding mortgage servicers disbursing
insurance proceeds. The sponsors responded to questions from the committee.
09:45:14 AM  
Ms. Wendy Wyss, representing
themself, testified in support of the bill. Ms. Wyss answered questions
from members of the committee.




Ms.Tara Healy,
representing Colorado Mortgage Lenders Association, testified to amend
the bill.




Ms. Tawnya Somauroo,
representing Marshall Together, testified in support of the bill.
10:04:32 AM  
Martha Fulford, representing
the Department of Law, testified in support of the bill.




Pietro  Simonetti,
representing themself, testified in a neutral position on the bill.




Ms. Linda Gallegos,
representing themself, testified in support of the bill.




Members of the
panel answered questions from the committee.
10:11:21 AM  
Representative Brown explained amendment L.002 (Attachment A).


10:12:08 AM
Motion Adopt amendment L.002
Moved Amabile
Seconded Lieder
Armagost
Clifford
English
Frizell
Lieder
Lindstedt
Lynch
Mabrey
Mauro
Ricks
Amabile
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
10:12:41 AM  
Representatives Amabile and Brown gave closing remarks on House Bill 24-1011.

Members of the committee gave closing remarks on the bill.



10:20:13 AM
Motion Refer House Bill 24-1011, as amended, to the Committee of the Whole.
Moved Amabile
Seconded Mauro
Armagost Yes
Clifford Yes
English Yes
Frizell Yes
Lieder Yes
Lindstedt Yes
Lynch Yes
Mabrey Yes
Mauro Yes
Ricks Yes
Amabile Yes
Final YES: 11   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS