House Committee on Business Affairs and Labor (04/30/2015)

Final
STAFF SUMMARY OF MEETING

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Date:	04/30/2015	ATTENDANCE

Time:	01:32 PM to 03:10 PM	Arndt	X
		Garnett	X
Place:	LSB A	Keyser	*
		Navarro	X
This Meeting was called to order by		Nordberg	X
	Representative Williams	Pabon	*
		Rosenthal	X
This Report was prepared by		Roupe	X
	Luisa Altmann	Tate	*
		Thurlow	X
		Winter	X
		Kraft-Tharp	X
		Williams	X
		X = Present, E = Excused, A = Absent, * = Present after roll call

Bills Addressed:		Action Taken:
SB15-209 SB15-222 HB15-1390		Referred to the Committee of the Whole Referred to Finance Referred to the Committee of the Whole

01:33 PM -- SB 15-209

Representative Williams, sponsor, introduced Senate Bill 15-209. The bill amends key definitions in the statute requiring licensure of professional community association managers to exclude the managers of communities in which a majority of units that are designated for residential use are time share units. A similar exclusion is made from the statute requiring the association to adopt and comply with a collections policy and to attempt to coordinate with the unit owner to set up a payment plan for the collection of past-due assessments and other delinquent payments.

01:37 PM -- Chris Stewart, American Resort Development Association (ARDA) and the ARDA Resort Owners Coalition, testified in support of the bill.

01:40 PM

Representative Williams made closing remarks regarding the bill and responded to questions from the committee.


BILL:	SB15-209
TIME:	01:40:57 PM
MOVED:	Williams
MOTION:	Refer Senate Bill 15-209 to the Committee of the Whole. The motion passed on a vote of 13-0.
SECONDED:	Keyser
		VOTE
	Arndt	Yes
	Garnett	Yes
	Keyser	Yes
	Navarro	Yes
	Nordberg	Yes
	Pabon	Yes
	Rosenthal	Yes
	Roupe	Yes
	Tate	Yes
	Thurlow	Yes
	Winter	Yes
	Kraft-Tharp	Yes
	Williams	Yes

Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

01:42 PM -- SB 15-222

Representative Williams, sponsor, introduced Senate Bill 15-222. Under current law, broadband internet providers can claim a state sales and use tax refund for equipment used to provide broadband service to areas of the state with a population of less than 30,000. The total refund that can be claimed by all taxpayers is limited to $1 million per year. The refund must be claimed between January 1 and April 1 in the year after the taxes are paid. If more than $1 million is claimed, the department prorates the refund claims so the total refunds issued do not exceed $1 million. The bill increases the limit to $2.5 million for investments made in 2015, $4 million in 2016, and $5 million in 2017 and in future years. The increased cap applies for refunds claimed beginning in January of the year following when the investments were made.

Representative Williams responded to questions from the committee.

01:51 PM -- Jennifer Price, AT&T, testified in support of the bill. Ms. Price provided two handouts to the committee (Attachments A and B). Ms. Price responded to questions from the committee.

150430 AttachA.pdf

150430 AttachB.pdf

02:00 PM -- Erik Mitisek, Colorado Technology Association, testified in support of the bill.

02:03 PM -- Nick Colqlazier, Colorado Farm Bureau, testified in support of the bill.

02:06 PM

Representative Williams made closing remarks regarding the bill.


BILL:	SB15-222
TIME:	02:07:07 PM
MOVED:	Williams
MOTION:	Refer Senate Bill 15-222 to the Committee on Finance. The motion passed on a vote of 12-1.
SECONDED:	Pabon
		VOTE
	Arndt	Yes
	Garnett	Yes
	Keyser	Yes
	Navarro	Yes
	Nordberg	Yes
	Pabon	Yes
	Rosenthal	No
	Roupe	Yes
	Tate	Yes
	Thurlow	Yes
	Winter	Yes
	Kraft-Tharp	Yes
	Williams	Yes

Final YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS

02:08 PM -- HB 15-1390

Representative Melton and Representative Tate, co-sponsors, introduced House Bill 15-1390. The bill increases the applicable finance charge limits that are currently in statute on certain unsupervised loans and consumer credit sales based on the unpaid balances of the amount financed to:

36% per year on an unpaid balance of the amount financed that is $3,000 (changed from $1,000 or less);
21% per year on an unpaid balance of the amount financed that is more than $3,000, but less than $5,000 (changed from more than $1,000, but less than $3,000); and
15% per year on an unpaid balance of the amount financed that is more than $5,000 (changed from more than $5,000).

Representative Melton and Representative Tate responded to questions from the committee.

02:15 PM -- Rich Jones, Bell Policy Center, testified in opposition to the bill. Mr. Jones provided a handout to the committee (Attachment C). Mr. Jones responded to questions from the committee.

150430 AttachC.pdf

02:31 PM -- Casey O'Donnell, Colorado Center on Law and Policy, testified in opposition to the bill. Mr. O'Donnell responded to questions from the committee.

02:42 PM -- Libby Witman and Brandon Reyna, OneMain Financial, testified in support of the bill. Ms. Witman responded to questions from the committee.

02:51 PM -- Megan Dubray, Springleaf Finance, testified in support of the bill.

02:53 PM -- Julie Meade, Department of Law, spoke about the bill. Ms. Meade responded to questions from the committee.

03:03 PM -- Sophia, representing herself, testified in opposition to the bill.

03:05 PM

The committee took a brief recess.

03:06 PM

The committee reconvened.

Representative Melton and Representative Tate made closing remarks regarding the bill.


BILL:	HB15-1390
TIME:	03:08:14 PM
MOVED:	Tate
MOTION:	Refer House Bill 15-1390 to the Committee of the Whole. The motion passed on a vote of 13-0.
SECONDED:	Nordberg
		VOTE
	Arndt	Yes
	Garnett	Yes
	Keyser	Yes
	Navarro	Yes
	Nordberg	Yes
	Pabon	Yes
	Rosenthal	Yes
	Roupe	Yes
	Tate	Yes
	Thurlow	Yes
	Winter	Yes
	Kraft-Tharp	Yes
	Williams	Yes

Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

03:10 PM

The committee adjourned.