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Under the dome - 2019

What CBA worked on this week

 

January 14-18

  • Reviewed over 150 bills.
  • Exemption language that we sought for the last three years was included in the bill to prohibit employers from excluding individuals with a criminal background from applying for employment. HB19-1025 Limits On Job Applicant Criminal History Inquiries
  • Have continued work on or held discussions regarding; the state sponsored retirement bill, state FMLA, sales tax simplification, affordable housing, remote notarization, and right to rest.
  • CBA attended the inaugural events in an effort to foster relationships between bankers and elected officials.

 

 2019 session information

Monitor

Priority

 

AG/Water

EDU

Employment

Health care

Housing

Hemp and Marijuana

Small Bus

Tax

Transportation

 

CBA ends 2018 session with 99 percent success rate

Thanks to helpful input and guidance from members, bankers in Colorado closed out the 2018 legislative session largely unscathed.


 

CBA lobbied 116 bills and was successful more than 99 percent of the time.

 

Among its efforts, CBA:

 

  • • Killed a bill that would have created a closed-loop system for the state to "bank" marijuana businesses and their customers; banks serving the state could not have realized they were essentially banking marijuana and therefore failing to file required SAR reports
  • • Ensured banks' ability to use appraisal management companies in property lending processes
  • • Defeated legislation to create a state-owned retirement plan which didn't protect consumers like existing plans (it wasn't ERISA compliant)

  • 2018 legislative review

    View CBA's successes over the 2018 session.

     2017 legislative review

    View CBA's efforts during the 2017 legislative session.

    2016 legislative review

    View CBA's track record over the 120-day session in 2016.

    2015 Legislative Review

    View CBA's work in the 2015 session.

    2014 Legislative Review
    View a review and outcome of the bills and issues CBA tackled in 2014.

    2013 Legislative Review
    View a review and outcome of the bills that CBA lobbied in the Colorado State Legislature.

    2012 Legislative Review
    View summaries of the bills that CBA worked on in 2012.

    Marijuana and the banking industry
    View information from the CBA about how banks must operate following the passage of Amendment 64, which legalized the possession, use and sale of marijuana in Colorado.

    Foreclosure
    View information on CBA's efforts to block hurtful legislation and to support both lenders and homeowners in the foreclosure process.

    State-owned bank
    CBA has defeated attempts to create a state owned bank more than eight times; twice at the state supreme court. 

    State taxation of financial institutions
    Taxation of financial institutions is a complex and developing area. As the definitions of a “financial institution” are progressively broadened, a number of corporations are being subject to tax under these complex, and often inconsistent, laws. While bank taxation has never been a particularly uniform practice, there are increasingly difficult issues, including entity classification, nexus, apportionment, combined reporting and due process.

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