HB14-1079 Limited Offerings Securities Signed Today by Gov. Hickenlooper
HB14-1079, Increasing Limited Offerings Securities, was signed this afternoon Gov. John Hickenlooper. The bill raises the amount of money a Colorado business may raise in an in-state-only stock offering from $1 million to $5 million. The bill requires the company conducting the offering to have its headquarters in Colorado, a majority of its employees working in Colorado and that 80 percent of the funds raised must be spent on operations in Colorado. My bill will increase businesses access to capital and reward businesses that are investing resources in Colorado and hiring Coloradans. This is part of our economic package to boost the economy and create jobs. Thank you to all of the Colorado business owners who joined us at the Governor’s office for the bill signing!