Modify COVID-19 Relief Programs For Small Business

The act moves the COVID-19 relief program for minority-owned businesses from the minority business office to the Colorado office of economic development and expands the scope of the program to allow relief payments, grants, loans, and technical assistance and consulting support to small businesses disproportionately impacted by the COVID-19 pandemic.Additionally, the act extends the deadlines for allocating and distributing relief payments under the small business relief program.(Note: This summary applies to this bill as enacted.)