|Bill #||Short Title||Sponsors||Bill Summary||Most Recent Status||Calendar Notification||News Links|
|HB13-1001||Advanced Industries Acceleration Act||YOUNG / HEATH||The bill creates the advanced industries acceleration grant program (program) in the Colorado office of economic development (office). The following industries are defined to be advanced industries: Advanced manufacturing, aerospace, bioscience, electronics, energy and natural resources, infrastructure engineering, and information technology. The program includes the following types of grants: * A proof-of-concept grant for an advanced industry research project to an eligible office of technology transfer; * An early-stage capital and retention grant to an eligible company for the purpose of accelerating the commercialization of advanced industry products or services to be manufactured or performed in the state; and * An infrastructure grant for an advanced industry project that builds or utilizes infrastructure to support or enhance the commercialization of advanced industry products or services or that contributes to the development of an advanced industry workforce. Each type of grant has its own eligibility requirements, preferences, and maximum grant amounts. If an applicant qualifies for a preference, the maximum grant amounts do not apply. All grant applicants are required to identify the anticipated number of jobs created or retained in the state, capital invested or attracted in the state, and any other economic impacts that may result from the grant. The program absorbs the bioscience discovery evaluation grant program and the clean technology discovery evaluation grant program, which are both repealed in the bill. In administering the program, the office is required to: * Consult with the economic development commission about all of the potential grants and monetary incentives that a grant applicant is eligible for; * Consult with Colorado-based advanced industries or representatives from advanced industries about the program; * Require a minimum amount of grant moneys for bioscience and clean technology projects and companies, which is based on existing funding from the repealed programs that provide grants for those industries; and * Annually report to legislative committees about the program. All program grants are made from the advanced industries acceleration cash fund. The fund consists of moneys transferred from the bioscience discovery evaluation cash fund prior to the fund's repeal; limited gaming moneys that were previously used in the bioscience discovery evaluation grant program; income tax withholdings that were to be split between the bioscience discovery evaluation grant program and the clean technology discovery evaluation grant program; gifts, grants, or donations; and any moneys that the general assembly appropriates to the fund.||05/16/2013 Governor action - signed||
Wednesday, May 8 2013|
CONSIDERATION OF SENATE AMENDMENTS TO HOUSE
(1) in house calendar.
|No news items found|
|SB13-023||Increase Damages Caps Under CGIA||CADMAN||Currently, the "Colorado Governmental Immunity Act" (act) sets as a maximum amount that may be recovered by a person suing a public entity or public employee for loss or injury caused by the entity or employee in any single occurrence, whether from one or more public entities and public employees: * For any injury to one person in any single occurrence, the sum of $150,000; and * For an injury to 2 or more persons in any single occurrence, the sum of $600,000, and, in such circumstances, the act prohibits any single person from recovering in excess of $150,000. To ensure these limitations on damages reflect the effects of inflation since the specific limitations were last increased by the general assembly, the bill increases the damages limitation for any injury to one person in any single occurrence to $478,000. For an injury to 2 or more persons in any single occurrence, the bill increases the damages limitation to $990,000 and further specifies that, in such circumstances, a single person is precluded from recovering in excess of $478,000. The bill further provides that the increased damages amounts are: * Exclusive of interest awarded; and * Adjusted for inflation every 4 years. The bill requires the attorney general to make this required adjustment on an every 4-year basis commencing January 1, 2018, to certify the amount of the adjustment, and to publish the amount of the adjustment on the attorney general's web site.||04/19/2013 Governor Action - Signed||NOT ON CALENDAR||No news items found|