House Bill 1185 Archives - Colorado Politics
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Dan NjegomirDan NjegomirMay 19, 20172min780

Colorado could see more success stories like Fort Collins’s New Belgium Brewing Co. — a 100 percent-employee-owned dynamo in our state’s booming craft-brew trade — with Gov. John Hickenlooper signing into law this week a bill to assist employee buyouts.

The bipartisan House Bill 1214  — sponsored in the House by Denver Democratic state Rep. James Coleman, and in the upper chamber by Centennial Republican Sen. Jack Tate — would establish and administer a revolving loan program cash fund, financed by gifts, grants and donations, to help existing businesses convert into employee-owned businesses. No state revenue would be involved.

A Senate Republican press release touting Thursday’s bill signing notes:

While many small businesses are forced to close their doors for various circumstances, employee owned businesses are 25 percent more likely to stay in business, with their employees accruing roughly double the retirement savings of their peers.

Employee owned businesses tend to see greater job growth, faster overall growth, and lower rates of lay-offs and severance.

The press release quotes Tate:

“Struggling and low-income communities may find that this approach solves many of their unique challenges like accessing capital, small business ownership transitions, and overcoming barriers to job entry … By providing a mechanism for more Coloradans, regardless of background, to take ownership of their future, we can help more folks access a pathway to a more prosperous economic future.”

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Dan NjegomirDan NjegomirMay 5, 20172min950

Gov. John Hickenlooper added his signature today to bipartisan legislation expanding the list of professionals who by law must report suspected child abuse and neglect.

House Bill 1185 adds officials and employees of county departments of health, human and social services to the statutory list of mandatory reporters of child abuse.

As we noted in an earlier mention of this bill, experts say stopping child abuse or neglect hinges in large part on spotting its signs. That’s why authorities want professionals who routinely have the closest contact with kids — such as physicians or teachers — to be alert and be ready to report indications a child may have been subject to abuse or neglect.

More than 19,000 reports of child abuse and neglect were handled by Colorado state officials over the past two years, with the Department of Human Services assessing the conditions of over 10,000 children.

HB 1185, sponsored by Rep. Jonathan Singer, D-Longmont, in the House and Sen. Jim Smallwood, R-Parker, in the Senate takes effect Sept. 1.