Colorado's enterprise zone program will be modified to permanently cap the amount of investment tax credit that may be claimed at $750,000 per year, place greater emphasis on job creation and workforce development and provide transparency in assessing the program's effectiveness, thanks to Gov. John Hickenlooper's signing of House Bill 1142 on Wednesday.
Gov. John Hickenlooper signs House Bill 1272, which will expand training programs for unemployed Coloradans. The Bell testified in favor of the bill, and Wade Buchanan, president of the Bell, is at right.
Gov. John Hickenlooper signs House Bill 1272, which will expand training programs for unemployed Coloradans. The Bell testified in favor of the bill, and Wade Buchanan, president of the Bell, is at right.
This bill represents a net opportunity gain for Colorado. It will extend and expand enhanced unemployment benefits for eligible unemployed workers who are engaged in and making satisfactory progress in approved training programs. The training authorized in this bill will help workers gain skills and expand the pool of skilled workers needed to fill current and future jobs. Research indicates that employer-based and entrepreneurial training are cost-effective methods of moving unemployed workers into employment.
