h_bus_2016a_2016-03-22t13:41:41z2 Hearing Summary
Date: 03/22/2016
Final
BILL SUMMARY for SB16-126
HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR
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02:14 PM -- SB 16-126
Representative Nordberg and Representative Garnett introduced Senate Bill 16-126. Under current law, the board of directors for a state bank is required to meet monthly. This bill requires those meetings to be held at least quarterly unless the board specifies a different schedule.
The bill sponsors responded to questions from the committee.
02:16 PM -- Chris Myklebust, Department of Regulatory Agencies (DORA), testified in support of the bill. Mr. Myklebust responded to questions from the committee.
02:25 PM -- Barbara Walker, Independent Bankers of Colorado, testified in support of the bill. Ms. Walker responded to questions from the committee.
02:36 PM -- Jenifer Waller, Colorado Bankers Association, testified in support of the bill. Ms. Waller responded to questions from the committee.
02:42 PM
Senate Bill 16-126 was laid over for one bill to allow the sponsors and committee members to work on amendments.