HB14-1013, Concerning the Creation of the Advanced Industries Workforce Development Program, which I worked on with Representative Mike Foote, has successfully passed through the House. Our bill creates incentives for advanced industries to offer paid internships, getting more Colorado high school and college graduates into the highly skilled jobs that the state’s emerging high-tech economy is producing. Internships are often considered necessary experience for full-time employment, but are often inaccessible to those who cannot afford to work at an unpaid internship while gaining experience and learning necessary technical skills. The bill will now move on to the Senate Business Committee for further consideration.
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!
I am very pleased that HB14-1083: Acute Treatment Units Stock Medications has passed through the General Assembly unamended with unanimous, bipartisan support and has now been signed by Governor Hickenlooper. Acute treatment units (ATU) provide medically supervised behavioral health treatment services to individuals who suffer from psychiatric disorders. Previously, current law did not allow an ATU to have an onsite stock of medications. My bill allows an ATU to procure, store, order, dispense, and administer prescription medications and to receive a supply of emergency kits or starter doses from a registered prescription drug outlet or licensed hospital for patient treatment. For those facing urgent psychiatric crises, this bill will ensure prompt, effective, and dignified treatment.