Ted Leighty, representing Colorado Association of Home Builders, testified in opposition to the bill. Caroline Woodhouse, representing Colorado Bankers Association, testified in opposition to the bill. Michael Smith, representing National Federation of Independent Business, testified in opposition to the bill. John Conklin, representing Colorado Medical Society, testified in opposition to the bill. Jeff Ruebel, representing Colorado Civil Justice League, testified in opposition to the bill.

Committee members asked questions about unintended consequences, costs, Colorado Uniform Arbitration Act, potential backlogs in courts, and litigation risks.  Further discussion followed about small business arbitration use.

Jason Spitalnick, representing Colorado Competitive Council and the Denver Metro Chamber of Commerce, testified in opposition to the bill.

Mr. Stephen Gladstone, representing Full Disclosure Act, testified in support of the bill. David Seligman, representing themself, testified in support of the bill. Joshua Mantell, representing The Bell Policy Center, testified in support of the bill. Mr. Jason Wesoky, representing Colorado Trial Lawyers Association, was available to answer committee questions.

Committee members discussed current arbitration practices, including existing mechanisms, expense, and common users.