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CO SB001
Bill
Status
12/7/2020
Primary Sponsor
Faith Winter
Click for details
AI Summary
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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.
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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.
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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.
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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.
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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