Bill Summary for Bill Number HB14-1185

Date: 02/18/2014

Final
BILL SUMMARY for HB14-1185

HOUSE COMMITTEE ON BUSINESS, LABOR, ECONOMIC, & WORKFORCE DEVELOPMENT

Votes: View-->	Action Taken:
Adopt amendment L.001. The motion passed without o Refer House Bill 14-1185, as amended, to the Commi	Pass Without Objection PASS

01:44 PM -- HB 14-1185

Representative Kraft-Tharp, sponsor, presented House Bill 14-1185, concerning the issuance of travel insurance policies. This bill changes the name of travel-ticket-sales insurance to travel insurance and creates a regulatory structure for travel insurance producers. Travel insurance covers personal risks related to planned travel. This includes coverage for trip interruption or cancellation, baggage loss, damages to accommodations or rental vehicles, as well as sickness, accident, disability, or death that occurs during travel.

Representative Kraft-Tharp stated that her bill addresses the need to modernize travel insurance licensing. Representative Kraft-Tharp distributed Amendment L.001 to committee members (Attachment A).

140218 AttachA PM.pdf

The following individuals testified in support of the bill:

01:49 PM -- John Fielding, representing the US Travel Insurance Association, testified in support of the bill. He stated that the bill is a positive step for both the industry and its consumers. Mr. Fielding discussed the issues facing travel agencies and how this bill would address those issues.

01:52 PM -- Marc Simon, representing himself, testified in support of the bill. He distributed his written testimony to members of the committee (Attachment B), which described his experience with travel insurance policies. Mr. Simon responded to questions from the committee.

140218 AttachB PM.pdf

02:02 PM -- Rich Sattizahn, representing the American Society of Travel Agents, testified in support of the bill. He stated that the bill would bring uniformity in travel insurance, which is currently lacking. Mr. Sattizahn responded to questions from the committee.

02:07 PM -- Kelly Campbell, Property and Casualty Insurers of American, testified in support of the bill. She stated that the bill would provide consistency in travel insurance across states.

02:09 PM

Representative Kraft-Tharp discussed Amendment L.001.


BILL:	HB14-1185
TIME:	02:09:10 PM
MOVED:	Kraft-Tharp
MOTION:	Adopt amendment L.001. The motion passed without objection.
SECONDED:	Ryden
		VOTE
	Exum
	Hamner
	Holbert	Excused
	Navarro
	Nordberg
	Rosenthal
	Ryden
	Szabo
	Wright
	Kraft-Tharp
	Williams

YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection

02:10 PM

Representative Kraft-Tharp made closing remarks.


BILL:	HB14-1185
TIME:	02:10:51 PM
MOVED:	Kraft-Tharp
MOTION:	Refer House Bill 14-1185, as amended, to the Committee on Appropriations. The motion passed on a vote of 10-0.
SECONDED:	Szabo
		VOTE
	Exum	Yes
	Hamner	Yes
	Holbert	Excused
	Navarro	Yes
	Nordberg	Yes
	Rosenthal	Yes
	Ryden	Yes
	Szabo	Yes
	Wright	Yes
	Kraft-Tharp	Yes
	Williams	Yes

Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS