Link to Zipped WordPerfect Minutes 6K bytes

MINUTES OF THE SENATE BUSINESS & LABOR
 STANDING COMMITTEE
TUESDAY, JANUARY 23, 2007, 3:30 P.M.
ROOM W015, WEST OFFICE BUILDING
STATE CAPITOL COMPLEX


Members Present:    Sen. Kevin VanTassell, Chair
        Sen. Dan Eastman         Sen. Carlene Walker
        Sen. Ed Mayne
    
Members Excused:    Sen. Bill Hickman
        Sen. Gene Davis

Members Absent:    Sen.Wayne Niederhauser

Staff Present:    Allison Nicholson, Policy Analyst
        Karen Allred, Committee Secretary

Public Speakers Present:    Kevin Olsen, Director, Division of Consumer Protection
        Howard Headley, President, Utah Bankers Association
        Rich Thorn, President, Association of General Contractors

A list of visitors and a copy of handouts are filed with the committee minutes.

Chair VanTassell called the meeting to order at 3:34 p.m. and announced that S.J.R. 6 would not be considered today.

Approval of Minutes

    MOTION: Sen. Walker moved to approve the minutes of the January 22, 2007 meeting.

    The motion passed unanimously with Sens. Eastman and Mayne absent for the vote.

1.    S.B. 101 Credit Services Organizations Act Changes (L. Hillyard)

Sen. Hillyard introduced the bill and the following amendment was distributed:

1.    Page 2, Lines 38 through 44 :    

             38          (3) (a) "Credit services organization" means a person who
  represents oneself or an employee as a debt professional or credit counselor, or       , with respect to the

             39      extension of credit by others, sells, provides, or performs, or represents that the person can or

             40      will sell, provide, or perform, in return for the payment of money or other valuable
             41      consideration any of the following services:
             42          (i) improving a buyer's credit record, history, or rating;
{   or   }

             43          (ii) providing advice, assistance, instruction, or instructional materials to a buyer with
             44      regard to Subsection (3)(a)(i)
{   .   }        ; or

    (iii) debt reduction or debt management plans.  

    
     MOTION: Sen. Walker moved to adopt the amendment.

    The motion passed unanimously with Sens. Eastman and Mayne absent for the vote.

    Kevin Olsen, Director, Division of Consumer Protection, further explained the bill.

     MOTION: Sen. Walker moved to pass the bill out favorably as amended.

    The motion passed unanimously with Sens. Eastman and Mayne absent for the vote.

2.    S.B. 118 Mechanics' Lien and Payment Amendments (S. Jenkins)

    Sen. Jenkins introduced the bill.

    Howard Headley, President, Utah Bankers Association, and Rich Thorn, President,     Association of General Contractors, spoke in support of the bill.     
     MOTION: Sen. Eastman moved to pass the bill out favorably.

    The motion passed unanimously.
    
     MOTION: Sen. Walker moved to adjourn.

    The motion passed unanimously at 3:50 p.m.





                _________________________________
                Sen. Kevin VanTassell, Committee Chair