The act: Amends the existing authority of the division of unemployment insurance (division) to issue bonds by clarifying that the division may issue the bonds through the state treasurer and granting the division the authority to levy bond assessments; Makes a temporary increase in partial unemployment benefits provided in current law permanent; Repeals the requirement that an individual wait at least one week before becoming eligible for unemployment compensation. This repeal will take effect when the unemployment compensation fund reaches a balance of at least $1 billion. Requires the division to study how to implement a dependent allowance for individuals receiving unemployment compensation. Requires the department of labor and employment to award grants to one or more third-party administrators for the purpose of providing recovery benefits to eligible individuals. The grants to the third-party administrators and the recovery benefits are funded through .00035 of the premium each employer is required to submit to the division. Provides that an individual is eligible to receive recovery benefits if the individual, regardless of the individual's immigration status: Separated from employment through no fault of the individual; received income from employment during a qualified base period or alternative base period; attests that the individual is not currently receiving any state-administered wage replacement assistance; is not eligible for state-administered wage replacement assistance for reasons related to the individual's authorization to work; and has a pay stub or form W-2 to verify the individual's employment and wage withholding. Requires an employer to provide an employee with certain information about unemployment compensation upon the employee's separation from employment; Extends the hold on an employer's solvency surcharge through calendar year 2023; Requires the state treasurer to transfer $600 million to a newly created fund. The transfer is from money received by the state through the federal "American Rescue Plan Act of 2021". The money in the fund may be used only to repay the outstanding balance of federal advances provided to the state through the unemployment insurance trust fund and interest owed on the advances. Sets forth factors that the division must consider in determining whether the repayment of overpaid unemployment compensation benefits repayment would be inequitable.(Note: This summary applies to this bill as enacted.)
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The act appropriates $25 million from the affordable housing and home ownership cash fund, which money originates from the general fund, to the department of local affairs (DOLA) for expansion of the middle income access program created and administered by the Colorado housing and finance authority (CHFA). The act requires the division of housing within DOLA to contract with CHFA for administration of the money appropriated. (Note: This summary applies to this bill as enacted.)
The act permits a retailer with total taxable sales in the amount of $100,000 or less for any filing period to retain 5.3% of the sales tax reported as compensation for the retailer's expenses incurred in collecting and remitting the tax (vendor fee) for sales made in 2023, rather than retaining a 4% vendor fee, which is what current law allows. The act also clarifies that the calculation of the amount that is credited to the housing development grant fund is only based on the changes to the vendor fee from House Bill 19-1245, and not on any subsequent modifications, including the changes made in the act. The act allows the executive director of the department of revenue to deduct processing costs from the electronic payment of taxes and fees in lieu of imposing a convenience fee. (Note: This summary applies to this bill as enacted.)
Based on the findings and recommendations of the committee on legal services, the act extends all state agency rules that were adopted or amended on or after November 1, 2020, and before November 1, 2021. (Note: This summary applies to this bill as enacted.)
The act changes the name of Pikes Peak community college to Pikes Peak state college. (Note: This summary applies to this bill as enacted.)
The bill establishes the CARE center in the Colorado Springs campus of the university of Colorado (center). The purpose of the center is to provide accessible substance use prevention and treatment services to the community, train competent and culturally responsive substance use counselors, and collect data that will contribute to research regarding the efficacy of substance use interventions. The center shall submit a report on its work and data collected to the health and human services committee of the senate and the public and behavioral health and human services committee of the house of representatives, or any successor committees, on or before December 30, 2027.(Note: This summary applies to this bill as introduced.)
The act implements the recommendation of the department of regulatory agencies, as specified in the department's sunset review of the authority of the director of the division of workers' compensation to impose fines on an employer for a subsequent failure to carry workers' compensation insurance within 7 years after an initial failure to carry the required insurance, by continuing the director's authority for 11 years, until September 1, 2033. (Note: This summary applies to this bill as enacted.)
The bill requires the real estate commission to promulgate rules requiring that certain commission-approved forms closing-statement form s require notification to buyers or tenants as to whether a real estate transaction is based upon uses a land survey plat or an improvement location certificate. Current law forbids designating or construing an improvement location certificate as being a land survey plat or improvement survey plat. The bill clarifies that a real estate documents and forms shall not designate or construe such a certificate commission-approved closing-statement form is not designated or construed as being a land or improvement survey plat. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Under current law, a marijuana transporter license cannot be transferred with a change of ownership. The act removes this prohibition. (Note: This summary applies to this bill as enacted.)
Current law restricts the sale of malt, vinous, or spirituous liquors to between the hours of 7:00 a.m. and 2:00 a.m., and restricts the sale of fermented malt beverages to between the hours of 8:00 a.m. and 12 midnight. The bill creates an extended service hours permit to authorize certain liquor licensees that are authorized to sell alcohol beverages for consumption on the licensed premises to sell alcohol beverages outside of these specified hours. A licensee must obtain a permit from both the state and local licensing authorities before operating during extended hours.(Note: This summary applies to this bill as introduced.)