HB 22-1187

House Bill 22-1187 extends deadlines for several COVID-19 relief programs run by the Colorado Office of Economic Development and International Trade. This means that small businesses can continue to apply for assistance until October 31, 2023, and events can benefit from incentives until June 30, 2024. The bill also gives more time for reporting requirements related to these programs. Since the bill has been signed into law, it is now in effect and helping businesses impacted by the pandemic get the support they need longer than originally planned.

Official Summary

The act extends deadlines related to COVID-19 relief programs within the Colorado office of economic development and international trade that are dedicated to accelerating the recovery of negatively impacted industries and businesses. Specifically, the act extends the: COVID-19 relief programs for small businesses spending authority for technical assistance from June 30, 2022, to December 31, 2023, and the reporting deadline from November 1, 2022, to November 1, 2023, and adds another report due on November 1, 2024; Closing of the applications deadline for the small business accelerated growth program from December 31, 2022, to October 31, 2023; and Deadline for eligible events to occur under the Colorado meetings and events incentive program from December 31, 2022, to June 30, 2024, and the reporting requirement due dates through July 1, 2025.(Note: This summary applies to this bill as enacted.)

Votes