9AB6EA2F25DE012487258C4C005D94F4 Hearing Summary

Representatives Brooks and Lindstedt, co-prime sponsors, presented House Bill 25-1282. The bill restricts how payment card networks set interchange fees and use data. The sponsors distributed several information sheets about the bill (Attachments A through E) and responded to committee questions.

Committee discussion continued with the bill sponsors.

The discussion continued.

Jenifer Waller, representing the Colorado Bankers Association, testified in opposition to the bill. Lavonne Heaviland, representing FirstBank, testified in opposition to the bill. Ms. Katie March, representing Colorado's Credit Unions, testified in opposition to the bill. The witnesses responded to questions from the committee.

Mr. Scott Sager, representing Colorado Credit Union, testified in opposition to the bill. Nathan Cape, representing Minnequa works credit union, testified in opposition to the bill. Mrs. Lisa Mixon, representing Credit Union of Colorado, testified in opposition to the bill. John Stelzriede, representing Independent Community Bankers of Colorado/Alpine Bank, testified in opposition to the bill. Mr. Dennis Paul, representing GoWest Credit Union Association, testified in opposition to the bill. Megan Harmon, representing Independent Community Bankers of Colorado/The Eastern Colorado Bank, testified in opposition to the bill. The witnesses responded to committee questions.

Jean-Philippe Failyau, representing Gastamo Group, testified in support of the bill. Michael Smith, representing the National Federation of Independent Businesses, testified in support of the bill. Jennifer Boyce, representing Sage Hospitality, testified in support of the bill. Mr. Grier Bailey, representing Colorado Wyoming Petroleum Marketers Association, testified in support of the bill. The witnesses responded to questions from the committee.

Mr. Sam DeWitt, representing the Colorado Brewers Association, testified in support of the bill. John Winter, representing himself, testified in support of the bill. Katie Nicholson, representing herself, testified in support of the bill. Jeff Riester, representing the Department of Law, was available to respond to committee questions. Carlin Walsh, representing himself, testified in support of the bill. Steve Kanatzar, representing Airplane Restaurant, testified in support of the bill. The witnesses responded to questions from the committee.

Marc Steron, representing Shanahan's, testified in support of the bill. Joshua Mantell, representing The Bell Policy Center, testified in support of the bill. Brenda Lucio, representing Lucio Family of Restaurants, testified in support of the bill. Mr. Anthony Wheeler, representing The Melting Pot of Littleton, testified in support of the bill. Mr. Chris Milburn, representing Dickeys BBQ and The Melting Pot, testified in support of the bill. Will Trautman, representing Stoney's/Tavern League of Colorado, was available to answer committee questions. The witnesses responded to committee questions.

Lauren Roberts, representing City, O'City, testified in support of the bill. Aubrey Hall, representing City, O'City, testified in support of the bill. Dallas Skare, representing himself, testified in support of the bill. Dan Swanson, representing himself, testified in support of the bill. The witnesses responded to committee questions.

Danielle Jurinsky,
representing Tavern League of Colorado, testified in support of the bill.
 



Written testimony
for the bill is included as Attachment F.

The bill sponsors made closing remarks and asked for a favorable recommendation.