H_BUS_2020A 02/11/2020 10:53:40 AM Committee Summary

Representative Sullivan and Representative Esgar introduced House Bill 20-1116. The bill permits the Office of Economic Development and International Trade to renew its contract with a nonprofit entity for up to five years to operate the Procurement Technical Assistance (PTAC) Program.

The bill sponsors responded to questions from the committee.

Jeff Kraft, Office of Economic Development and International Trade, testified in support of the bill. He provided a handout to the committee (Attachment A).

Adil Khan, Accentz, Inc., testified in support of the bill.  A copy of his testimony is provided as Attachment B.

Dennis Casey, Colorado PTAC, testified in support of the bill.

Su Ryden, Colorado PTAC Board of Directors, testified in support of the bill.

Carla Barela, Cortez Construction, testified in support of the bill.

Karen Diack, NeuComm Solutions, LLC., testified in support of the bill.

Warren Elbeck, Raytheon, testified in support of the bill.  A copy of his testimony is provided as Attachment C.

Ms. Diack responded to questions from the committee.

The bill sponsors made closing remarks on the bill and responded to questions from the committee.

Representative Snyder introduced House Bill 20-1136. The bill expands the types of investments a domestic insurer can make.

Representative Snyder responded to questions from the committee.

Michael Harper, Empower, LLC., testified in support of the bill.

Shane Schattinger, COPIC Insurance, testified in support of the bill.

Kelly Campbell, American Property Casualty Insurance Association, testified in support of the bill.

Representative Snyder described amendment L.002 (Attachment D).

Representative Snyder provided closing remarks on the bill.