HB 12-1120 Summary

• Creates a new Division of Unemployment Insurance within the Department of Labor and Employment to administer the unemployment insurance program, separating it from the Division of Employment and Training

• Relocates the Division of Employment and Training (formerly in Article 71) to new Article 83 of Title 8, establishing it as a separate division focused on workforce development and the Colorado Work Force Investment Act

• Establishes the Director of the Division of Unemployment Insurance as the head of that division, with powers and duties exercised under the Department of Labor and Employment as a type 2 transfer

• Updates references throughout Colorado law to reflect the new organizational structure, replacing references to "division of employment and training" with "division of unemployment insurance" where appropriate for unemployment-related functions

• Takes effect August 8, 2012, subject to potential referendum petition under the state constitution