h_bus_2017a_2017-03-16t13:30:37z0 Hearing Summary

Date: 03/16/2017

Location: LSB A

01:31 PM -- HB 17-1214



Representative Coleman introduced House Bill 17-1214. The bill requires the Office of Economic Development and International Trade (OEDIT) to establish a revolving loan fund program to assist existing businesses with a transition to becoming employee-owned businesses.



Representative Coleman provided a fact sheet (Attachment A), amendment L.002 and an associated memorandum from Legislative Council Staff (Attachments B and C), and amendment L.003 (Attachment D).



170316 AttachA.pdf170316 AttachB.pdf170316 AttachC.pdf170316 AttachD.pdf



Representative Coleman responded to questions from the committee.



01:42 PM -- Eloise Hirsch, OEDIT, responded to questions from the committee.



01:49 PM -- Halisi Vinson, Rocky Mountain Employee Ownership Center (RMEOC), testified in support of the bill. Ms. Vinson provided a handout to the committee (Attachment E).



170316 AttachE.pdf



01:51 PM -- Jason Wiener, Jason Wiener P.C., testified in support of the bill. Mr. Wiener responded to questions from the committee.



01:57 PM



Ms. Vinson and Representative Coleman continued to respond to questions from the committee.



02:00 PM -- Jenifer Waller, Colorado Bankers Association, testified in support of the bill.



02:01 PM -- Abdi Buni, Green Taxi Cooperative, testified in support of the bill.



02:04 PM -- Umit Kaya, Happy Ladybug Early Learning Center, testified in support of the bill.

02:12 PM



Representative Coleman made closing remarks.