A bipartisan bill that would bolster up-and-coming Colorado industries by making available grants from state funds cleared a House committee Thursday, moving quickly onto a fast track.
HB 1001 would set aside $12.5 million for entrepreneurs in a range of "advanced industries" that include aerospace, advanced manufacturing, bioscience, electronics, energy and natural resources, technology, and information and infrastructure engineering.
Of that sum, $7 million would be available only to bio-science and other "clean technology" industries. Start-ups in the other covered industry groups could seek funding from the remaining balance.
"Already, Colorado’s research institutions and federal labs bring in close to $2 billion a year in advanced technology research funding,” Rep. Dave Young, D-Greeley and the bill's lead sponsor, said. "This legislation will help us leverage even more dollars, as well as accelerate the commercialization process, which will lead to more products, companies and jobs.”
The bill would set up three separate grant programs to assist with the challenges faced during the start-up process.
The first focuses on research needed to establish that a product concept is viable. It would require that the work be done in appropriate institutions within the state and the grant size would be limited to $150,000.
The second would provide funds for the early start-up stage. The maximum grant would be $250,000. At least half of the venture's employees would have to be based in Colorado.
The third grant program would allow start-ups to seek funding for needed infrastructure. The maximum award would be $500,000.
The vote in the House Business, Labor, Economic and Workforce Development Committee was 8-3.
Republicans Chris Holbert of Parker, Dan Nordberg of , and Libby Szabo of Arvada opposed the measure.
Holbert argued that the bill is not needed because entrepreneurs can obtain initial financing of business ventures from private capital funds and banks.
HB 1001 now heads to the House Appropriations Committee. Rep. Cheri Gerou, R-Evergreen, is co-sponsoring the bill.
According to statistics cited by Gov. John Hickenlooper in a press conference last week that announced the bill, industries covered by the proposed legislation account for more than 500,000 of all jobs in the state and about one-third of wages earned by Colorado workers.
Showing posts with label HB 1001. Show all posts
Showing posts with label HB 1001. Show all posts
Thursday, January 17, 2013
Friday, April 25, 2008
Highlights from Tuesday at the General Assembly
Your reporter was taking a much-needed break during the middle part of this week and so there were no updates for happenings at the Capitol between Tuesday and Thursday. Here are some of the highlights from Tuesday, April 22.
The House gave final passage to a measure aimed at helping legal immigrants obtain necessary clearance to be able to work on the state's farms. A large bipartisan majority endorsed HB 1325 one day after a Colorado Springs Republican representative set off a kirfuffle after announcing during floor debate that he believed the bill would invite thousands of "illiterate peasants" to Colorado.
The bill, which is being carried by Calhan Republican Marsha Looper and Montrose Republican Ray Rose, allows Colorado to speed up the process of issuing H-2A visas. Currently, application processing by the relevant federal authorities is so backlogged that it is taking, in some cases, about five months to issue the visas to qualified legal immigrants. HB 1325 will allow the state to assist the federal government with the process, accelerating visa application processing by up to three months. The measure also allows Colorado to undertake criminal background checks and health screenings of legal temporary workers.
The aim of the bill is to increase the number of qualified, lawful immigrant workers to assist with Colorado harvests. It includes incentives intended to help assure that the temporary, visa-receiving workers return to their home countries after the growing season.
The House vote on third reading was 46-18, with the "no" votes coming from members of both parties. Aside from Rep. Douglas Bruce, who made known his opposition by means of his controversial statement on Monday, opponents included Reps. Morgan Carroll, D-Aurora, Mark Ferrandino, D-Denver, Sara Gagliardi, D-Arvada, Cory Gardner, R-Yuma, Jim Kerr, R-Lakewood, Steve King, R-Grand Junction, Rosemary Marshall, D-Denver, Mike May, R-Parker, Frank McNulty, R-Highlands Ranch, Victor Mitchell, R-Castle Pines Village, Jack Pommer, D-Boulder, Dianne Primavera, D-Broomfield, Amy Stephens, R-Monument, Ken Summers, R-Lakewood, Paul Weissman, D-Louisville, and Rob Witwer, R-Genesee, as well as speaker Andrew Romanoff, D-Denver.
Under an H-2A visa foreign temporary agriculture workers can work in the U.S. for up to one year, with a maximum of three years possible under a single visa.
The House also gave final clearance to a measure allowing some persons convicted of certain misdemeanor crimes, which are generally minor in nature, to ask a court to order the conviction records sealed ten years after completing his or her sentence. The bill does not apply to any sex crime and does not preclude access to the records by government agencies engaged in necessary criminal background checks of an individual.
HB 1082 passed, 36-28, with Democrats Bernie Buescher of Grand Junction, Sara Gagliardi of Arvada, Dianne Primavera of Broomfield, Jim Riesberg of Fort Collins, John Soper of Thornton and speaker Andrew Romanoff of Denver joining all but two Republicans in opposition. Reps. Ellen Roberts, R-Durango, and Al White, R-Hayden, were the only two GOP members to support the bill.
Freshman Rep. Mark Ferrandino, D-Denver, is the prime sponsor of HB 1082.
The House also gave preliminary approval to a comprehensive residential landlord-tenant bill. HB 1356, if enacted, would represent the culmination of more than twenty efforts over forty years to have Colorado join almost every other state in having a residential landlord-tenant code in the state law books. Rep. Mike Merrifield, D-Colorado Springs, is the lead sponsor of the bill.
Over in the Senate a Republican measure aimed at instituting incentive pay for teachers gained final approval. SB 65, sponsored by assistant minority leader Nancy Spence of Centennial, passed on a unanimous vote.
The measure creates a grant program available for school districts to use for teacher incentive pay.
SB 170, cleared on a 26-8 vote, expands from 30 to potentially 50 years the amount of time a municipality's downtown development area can take advantage of tax-increment financing. All the "no" votes came from Republicans, including Tom Wiens of Castle Rock. That town has recently commenced a process aimed at creating a downtown development authority and securing authorization for tax-increment financing to pay for a re-developed downtown.
The Senate also gave final approval to HB 1175, which authorizes a Fourth Infantry Division commemorative license plate. The vote was unanimous.
SB 217, which creates the "Centennial Care Choices" program aimed at expanding private health insurance coverage in the state, also passed on third reading in the Senate.
The bill, which is aimed at Coloradans too wealthy for Medicaid but who don't have enough income to buy private health insurance, relies on public-private partnerships to expand coverage. The proposal includes: (1) a request for health insurers to create a menu of “Value Benefit Plans” (VBPs) that would be evaluated and endorsed by the state and would be made available to all Coloradans; (2) assistance to low income individuals and employees of businesses through a state subsidy of a portion of the VBP premium for those who do not qualify for government programs and cannot afford health insurance; and (3) assurance that this program builds upon the existing employer-based health insurance system, does not encourage businesses currently offering coverage to discontinue it, and promotes administrative efficiencies.
The House and Senate approved a conference committee report on HB 1001, which would make grant funds available to biotechnology entrepreneurs. That meant the measure was on its way to Gov. Bill Ritter.
Speaker Andrew Romanoff introduced a bill that would penalize insurers for wrongfully denying or delaying claims. HB 1407 is part of a package of healthcare reform measures announced in March.
The House gave final passage to a measure aimed at helping legal immigrants obtain necessary clearance to be able to work on the state's farms. A large bipartisan majority endorsed HB 1325 one day after a Colorado Springs Republican representative set off a kirfuffle after announcing during floor debate that he believed the bill would invite thousands of "illiterate peasants" to Colorado.
The bill, which is being carried by Calhan Republican Marsha Looper and Montrose Republican Ray Rose, allows Colorado to speed up the process of issuing H-2A visas. Currently, application processing by the relevant federal authorities is so backlogged that it is taking, in some cases, about five months to issue the visas to qualified legal immigrants. HB 1325 will allow the state to assist the federal government with the process, accelerating visa application processing by up to three months. The measure also allows Colorado to undertake criminal background checks and health screenings of legal temporary workers.
The aim of the bill is to increase the number of qualified, lawful immigrant workers to assist with Colorado harvests. It includes incentives intended to help assure that the temporary, visa-receiving workers return to their home countries after the growing season.
The House vote on third reading was 46-18, with the "no" votes coming from members of both parties. Aside from Rep. Douglas Bruce, who made known his opposition by means of his controversial statement on Monday, opponents included Reps. Morgan Carroll, D-Aurora, Mark Ferrandino, D-Denver, Sara Gagliardi, D-Arvada, Cory Gardner, R-Yuma, Jim Kerr, R-Lakewood, Steve King, R-Grand Junction, Rosemary Marshall, D-Denver, Mike May, R-Parker, Frank McNulty, R-Highlands Ranch, Victor Mitchell, R-Castle Pines Village, Jack Pommer, D-Boulder, Dianne Primavera, D-Broomfield, Amy Stephens, R-Monument, Ken Summers, R-Lakewood, Paul Weissman, D-Louisville, and Rob Witwer, R-Genesee, as well as speaker Andrew Romanoff, D-Denver.
Under an H-2A visa foreign temporary agriculture workers can work in the U.S. for up to one year, with a maximum of three years possible under a single visa.
The House also gave final clearance to a measure allowing some persons convicted of certain misdemeanor crimes, which are generally minor in nature, to ask a court to order the conviction records sealed ten years after completing his or her sentence. The bill does not apply to any sex crime and does not preclude access to the records by government agencies engaged in necessary criminal background checks of an individual.
HB 1082 passed, 36-28, with Democrats Bernie Buescher of Grand Junction, Sara Gagliardi of Arvada, Dianne Primavera of Broomfield, Jim Riesberg of Fort Collins, John Soper of Thornton and speaker Andrew Romanoff of Denver joining all but two Republicans in opposition. Reps. Ellen Roberts, R-Durango, and Al White, R-Hayden, were the only two GOP members to support the bill.
Freshman Rep. Mark Ferrandino, D-Denver, is the prime sponsor of HB 1082.
The House also gave preliminary approval to a comprehensive residential landlord-tenant bill. HB 1356, if enacted, would represent the culmination of more than twenty efforts over forty years to have Colorado join almost every other state in having a residential landlord-tenant code in the state law books. Rep. Mike Merrifield, D-Colorado Springs, is the lead sponsor of the bill.
Over in the Senate a Republican measure aimed at instituting incentive pay for teachers gained final approval. SB 65, sponsored by assistant minority leader Nancy Spence of Centennial, passed on a unanimous vote.
The measure creates a grant program available for school districts to use for teacher incentive pay.
SB 170, cleared on a 26-8 vote, expands from 30 to potentially 50 years the amount of time a municipality's downtown development area can take advantage of tax-increment financing. All the "no" votes came from Republicans, including Tom Wiens of Castle Rock. That town has recently commenced a process aimed at creating a downtown development authority and securing authorization for tax-increment financing to pay for a re-developed downtown.
The Senate also gave final approval to HB 1175, which authorizes a Fourth Infantry Division commemorative license plate. The vote was unanimous.
SB 217, which creates the "Centennial Care Choices" program aimed at expanding private health insurance coverage in the state, also passed on third reading in the Senate.
The bill, which is aimed at Coloradans too wealthy for Medicaid but who don't have enough income to buy private health insurance, relies on public-private partnerships to expand coverage. The proposal includes: (1) a request for health insurers to create a menu of “Value Benefit Plans” (VBPs) that would be evaluated and endorsed by the state and would be made available to all Coloradans; (2) assistance to low income individuals and employees of businesses through a state subsidy of a portion of the VBP premium for those who do not qualify for government programs and cannot afford health insurance; and (3) assurance that this program builds upon the existing employer-based health insurance system, does not encourage businesses currently offering coverage to discontinue it, and promotes administrative efficiencies.
The House and Senate approved a conference committee report on HB 1001, which would make grant funds available to biotechnology entrepreneurs. That meant the measure was on its way to Gov. Bill Ritter.
Speaker Andrew Romanoff introduced a bill that would penalize insurers for wrongfully denying or delaying claims. HB 1407 is part of a package of healthcare reform measures announced in March.
Labels:
Andrew Romanoff,
biotechnology,
criminal law,
HB 1001,
HB 1082,
HB 1175,
HB 1356,
HB 1407,
health care reform,
immigration,
SB 170,
SB 217,
SB 65
Thursday, February 28, 2008
Bioscience Promotion Bill Heads to Senate
The House gave final passage Wednesday to a bill aimed at promoting the state's biotechnology sector.
HB 1001 would open the door to state funding of early stage biotech research. The bill proposes to provide "bioscience discovery evaluation" grants by means of lottery proceeds.
The maximum grant amount would be $250,000, depending on the applicant's particular circumstances.
The bill was approved on a 52-13 vote, with 12 Republicans and Democrat Paul Weissman of Louisville voting "no."
HB 1001 would open the door to state funding of early stage biotech research. The bill proposes to provide "bioscience discovery evaluation" grants by means of lottery proceeds.
The maximum grant amount would be $250,000, depending on the applicant's particular circumstances.
The bill was approved on a 52-13 vote, with 12 Republicans and Democrat Paul Weissman of Louisville voting "no."
Subscribe to:
Posts (Atom)






