HB12-1129 - Moneys For Small Business Development Centers

Postponed Indefinitely
Concerning Appropriations To Match Federal Funds For Small Business Development Centers.

For the 2012-13 and 2013-14 state fiscal years, the bill requires the general assembly to appropriate moneys, in amounts to match federal funds but not to exceed $300,000 each year, to the Colorado office of economic development (office). The state director of small business development centers (SBDCs) in the office may expend up to 15% of the appropriated moneys to increase awareness of SBDCs and shall equitably distribute the remainder to SBDCs across the state and, where possible, to reestablish SBDCs that have closed since January 1, 2007. The office is required to report to the general assembly regarding the disbursement and the measurable results of the use of those moneys.

Latest update: April 17, 2012
04/17/2012 House Committee on Appropriations Postpone Indefinitely
02/21/2012 House Committee on Economic and Business Development Refer Amended to Appropriations
01/20/2012 Introduced In House - Assigned to Economic and Business Development