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CO SB001

Bill

Status

Passed

12/7/2020

Primary Sponsor

Faith Winter

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Origin

Senate

2020 First Special Session

AI Summary

  • Creates small business relief program providing direct payments to eligible small businesses in counties under severe COVID-19 capacity restrictions, allocating $37 million from the general fund to be distributed by eligible local governments.

  • Establishes arts relief program providing $7.5 million to arts, culture, and entertainment artists, crew members, and organizations impacted by COVID-19 pandemic closures, with division administering eligibility criteria and payment distribution.

  • Provides $4 million for minority-owned business relief, grants, and loans through the Minority Business Office, including technical support and consulting services for minority-owned businesses across Colorado.

  • Waives liquor licensing fees for 12 months and allows county health boards to receive state funds in lieu of charging establishment licensing fees through December 31, 2021.

  • All programs and provisions expire December 31, 2022; division must report to legislature on program allocations and outcomes by November 1, 2021.

Legislative Description

COVID-19 Relief Small And Minority Businesses Arts Organizations

Business & Economic Development

Last Action

Governor Signed

12/7/2020

Committee Referrals

Finance12/1/2020
Finance11/30/2020

Full Bill Text

No bill text available