The House Judiciary Committee killed two high-profile bills — HB 26-1148 (online gaming duty of care) and HB 26-1212 (constitutional carry) — by postponing both indefinitely, while laying over HB 26-1236 (arbitration reform) for action at a later date after sharply contested testimony on all three measures.
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Rep. Mabrey argued the CFPB's own press release said the study was bad for consumers, citing that arbitrators awarded consumers less than $175,000 in total damages across six consumer finance markets over three years while class action settlements delivered $2.7 billion in relief to 32 million customers over the same period. Lee Mickus countered by pointing to analysis from Professors Johnson and Zywiecki at the Mercatus Institute and a chamber study of over 300,000 claims, and argued class action distributions are consumed by attorneys' fees and administrative costs.
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“Somewhere in Colorado right now there is a worker, statistically most likely a woman, most likely someone in a low wage job who is owed money by her employer. She has a legally valid claim, but buried in the contract she signed on her first day, a contract she had no bargaining power in. Because people who are trying to get jobs in our community are not going to reject the job offer because of something hidden in the fine print. There was a clause that says she cannot take her employer to court, cannot join with coworkers who are harmed in the same way must pursue her claim in a private proceeding before a decision maker that her employer helped select at a cost that might exceed the value of what she is owed. And when it is over, the decision is secret.”
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Sign in to subscribeReady. The committee will come to order. Ms. Shipley, please call the roll. Representatives Bacon. Clifford Espinosa. Present. Linnell. Excused. Garcia. Kelly Law. Here. Soer. Soer should be online. Okay. It's okay. Carter. Present. Mr. Chair. Here. All right, members, I don't think there's any way we're going to have more fun than we did the last time we met, but we'll try and let's start out with. Come on. I thought it was pretty funny. You're just kidding it. All right, we're going to start out with House Bill 1148 for action only. Yes. Rev's okay, I think. Explain where you're at with the bill and then. And then we'll provide an overview and then we'll move the amendments. Oh, I turned yours on. Should I start over? All right, we'll pick up where I was. Apologies. We have a lot of standards and protections around data and privacy for kids in the traditional social media space. We don't see that as much in the online gaming space, which has become social media for kids. And we went into detail about that when we heard this bill and when we heard testimony as just a very broad overview. This…
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