Colorado Legislature Considers Pro-Employee Ownership Bill

Tomorrow, March 16, the Business Affairs and Labor Committee of the Colorado House of Representatives will consider HB 17-1214, designed to encourage employee ownership of existing small businesses. The bill would require state-sponsored outreach to support employee ownership and would fund a revolving loan fund that would encourage existing businesses to transition to employee ownership. The bill is sponsored by Representative James Coleman (D) and Senator Jack Tate (R).