Bill Summary for Bill Number HB06-1038

Date: 01/23/2006

Final
BILL SUMMARY for HB06-1038

HOUSE COMMITTEE ON BUSINESS AFFAIRS AND LABOR

Votes: View-->	Action Taken:
Moved amendment L.001 (Attachment A). The amendme Moved amendment L.002 (Attachment B). The motion p Refer House Bill 06-1038, as amended, to the Commi	PASS Pass Without Objection PASS

02:01 PM -- House Bill 06-1038

Representative Borodkin, prime sponsor, presented House Bill 06-1038. She explained that the bill places the requirements for any person or entity seeking a grant or loan from the Colorado Economic Development Fund into statute. Representative Borodkin discussed an amendment that would remove the requirement in the bill that an entity or person receiving the loan or grant from the fund must pay its employees at least one dollar per hour higher than the federal minimum wage. There was a discussion on the amendment. Representative Borodkin also explained an amendment that would add the requirement that the entity or person receiving the loan or grant from the fund must create one or more new jobs, and that the job must be maintained for at least one year. There was some discussion on that requirement.
02:16 PM

The committee asked for additional clarification on some portions of the bill and discussion on the amendments.


BILL:	HB06-1038
TIME:	02:20:15 PM
MOVED:	Borodkin
MOTION:	Moved amendment L.001 (Attachment A). The amendment was adopted 9-3.
SECONDED:	Coleman
		VOTE
	Balmer	No
	Borodkin	Yes
	Butcher	Yes
	Carroll M.	Yes
	Coleman	Yes
	Knoedler	No
	Liston	Yes
	McCluskey	Excused
	Paccione	Yes
	Penry	Yes
	Welker	No
	Cerbo	Yes
	Marshall	Yes
Not Final YES: 9 NO: 3 EXC: 1 ABS: 0 FINAL ACTION: PASS

02:21 PM -- There was some discussion about page 3, line 26 of the bill that references a 35-five hour work week rather than 40 hours. Nicole Hoffman, Office of Legislative Legal Services, explained why the 35-hour language was used.


BILL:	HB06-1038
TIME:	02:28:41 PM
MOVED:	Borodkin
MOTION:	Moved amendment L.002 (Attachment B). The motion passed without objection.
SECONDED:	Coleman
		VOTE
	Balmer
	Borodkin
	Butcher
	Carroll M.
	Coleman
	Knoedler
	Liston
	McCluskey
	Paccione
	Penry
	Welker
	Cerbo
	Marshall
Not Final YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection


BILL:	HB06-1038
TIME:	02:29:16 PM
MOVED:	Borodkin
MOTION:	Refer House Bill 06-1038, as amended, to the Committee of the Whole. The motion passed 8-4.
SECONDED:	Coleman
		VOTE
	Balmer	No
	Borodkin	Yes
	Butcher	Yes
	Carroll M.	Yes
	Coleman	Yes
	Knoedler	No
	Liston	Yes
	McCluskey	Excused
	Paccione	Yes
	Penry	No
	Welker	No
	Cerbo	Yes
	Marshall	Yes
Final YES: 8 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS