DFCAC0BAA5E31B36872588330066BE7B Hearing Summary

Sens. Hansen and Rankin introduced Senate Bill 22-234. The bill makes several changes to the Employment Security Act, including suspending the solvency surcharge, expanding unemployment benefits, and creating two new cash funds. The bill makes a one-time transfer of $600 million to the newly created Title XII repayment fund. The sponsors answered several committee questions.

Ms. Loren Furman, representing the Colorado Chamber of Commerce, testified in support of the bill. Ms. Rachel Beck, representing the Colorado Competitive Council, testified in support of the bill. Mr. Michael Gifford, representing the Associated General Contractors, testified in support of the bill.

Ms. Mollie Steinemann, representing the Colorado Restaurant Association, testified in support of the bill. Mr. Daniel Chase, representing the Colorado Department of Labor, testified in support of the bill.

Ms. Andrea Kuwik, representing the Bell Policy Center, testified in support of the bill. Ms. Kathy White, representing the Colorado Fiscal Institute, testified in support of the bill. Mr. Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill.