h_sa_2016a_2016-05-09t14:34:12z1 Hearing Summary
Date: 05/09/2016
Final
BILL SUMMARY for SB16-184
HOUSE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
| Votes: View--> | Action Taken: |
| Adopt amendment L.002 (Attachment B) to Senate Bil Postpone Senate Bill 16-184 indefinitely. The mot Refer Senate Bill 16-184 to the Committee of the W |
FAIL PASS FAIL |
03:13 PM -- SB16-184
Representative Willett, sponsor, presented Senate Bill 16-184 to the committee. Beginning on January 1, 2017, this bill eliminates the minimum amount of post-judgment interest. It also requires that interest on damages for personal injuries caused by tort be the same rate as post-judgment interest. It changes the date by which the Secretary of State is to establish the annual rate of post-judgment interest from December 31 to January 2 of each year.
Committee members discussed the bill with Representative Willett.
03:21 PM -- Jeff Ruebel, representing the Colorado Defense Lawyers Association and the Colorado Civil Justice League, testified in support of the bill and responded to committee member questions.
03:25 PM -- Ross Pulkrabek, representing the Colorado Trial Lawyers Association, testified against the bill and respond to committee member questions.
03:31 PM -- Kelly Campbell, representing the Property and Casualty Insurers Association, testified in support of the bill.
03:34 PM -- Thomas Neville, representing the Colorado Trial Lawyers Association, testified against the bill and responded to committee member questions.
03:40 PM
Representative Tyler offered amendment L.002 (Attachment B) and discussed the amendment.
16HouseState0509AttachB.pdf
03:41 PM
The committee recessed.
03:43 PM
The committee reconvened.
| BILL: | SB16-184 | |
| TIME: | 03:43:14 PM | |
| MOVED: | Tyler | |
| MOTION: | Adopt amendment L.002 (Attachment B) to Senate Bill 16-184. The motion failed on a vote of 4-5. | |
| SECONDED: | Primavera | |
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VOTE
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Foote
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No
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Humphrey
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No
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Leonard
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No
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Neville P.
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No
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Primavera
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Yes
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Tyler
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Yes
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Wist
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No
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Lontine
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Yes
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Ryden
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Yes
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YES: 4 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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03:43 PM
Representative Willet wrapped up his presentation of the bill.
| BILL: | SB16-184 | |
| TIME: | 03:46:09 PM | |
| MOVED: | Neville P. | |
| MOTION: | Refer Senate Bill 16-184 to the Committee of the Whole. The motion failed on a vote of 4-5. | |
| SECONDED: | Humphrey | |
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VOTE
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|
Foote
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No
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|
|
Humphrey
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Yes
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|
|
Leonard
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Yes
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|
|
Neville P.
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Yes
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|
|
Primavera
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No
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|
|
Tyler
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No
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|
|
Wist
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Yes
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|
|
Lontine
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No
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|
|
Ryden
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No
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|
YES: 4 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL
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| BILL: | SB16-184 | |
| TIME: | 03:46:30 PM | |
| MOVED: | Lontine | |
| MOTION: | Postpone Senate Bill 16-184 indefinitely. The motion passed on a vote of 5-4. | |
| SECONDED: | Foote | |
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VOTE
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Foote
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Yes
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|
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Humphrey
|
No
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|
|
Leonard
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No
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|
|
Neville P.
|
No
|
|
|
Primavera
|
Yes
|
|
|
Tyler
|
Yes
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|
|
Wist
|
No
|
|
|
Lontine
|
Yes
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|
|
Ryden
|
Yes
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Final YES: 5 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS
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