CO HB1074

The Colorado Office of Future of Work must contract with an independent third party by December 1, 2023, to conduct a comprehensive study on workforce transitions for oil and gas workers and workers displaced by automation.

The study must evaluate transferable skills of oil and gas workers, identify emerging industries for job transitions (including hydrogen fuels, geothermal systems, carbon capture, and renewable energy), and develop policy proposals for workforce assistance programs.

The study must also assess automation's impact on Colorado occupations, identify skill gaps for displaced workers, explore training availability, and analyze federal funding sources for workforce development and community economic development.

The Office of Future of Work shall submit a complete report to the Governor and relevant legislative committees by December 1, 2024, including wage comparisons between existing and emerging industries and disaggregated data mapping geographic job locations and workforce transition impacts.

The bill appropriates $317,318 to the Department of Labor and Employment for the 2023-24 fiscal year (with unspent funds carrying over to 2024-25) and establishes this statute to automatically repeal on September 1, 2025.