Office of Economic Development and International Trade American Rescue Plan Act Funds For Rural Colorado
| Type | Bill |
|---|---|
| Session | 2022 Regular Session |
| Subjects |
Concerning the office of economic development and international trade's permissible uses of money transferred from the economic recovery and relief cash fund to the Colorado economic development fund for use in rural Colorado.
Bill Summary:
Senate Bill 21-291 transferred $40 million of "American Rescue Plan Act of 2021" (ARPA) money from the economic recovery and relief cash fund to the Colorado economic development fund and directed the office of economic development and international trade (OEDIT) to use $10 million of the money transferred to incentivize small businesses to locate in rural Colorado and for the location neutral employment incentive program. To ensure that the use of the $10 million complies with ARPA requirements, the act instead directs OEDIT to use the money to incentivize or support businesses in rural Colorado or to undertake any other economic development activity in rural Colorado that is authorized by specified current law in response to the negative economic impacts of the COVID-19 pandemic.
(Note: This summary applies to this bill as enacted.)
Prime Sponsors
Representative
Julie McCluskie
Representative
Leslie Herod
Senator
Chris Hansen
Senator
Bob Rankin
Committees
House
Appropriations
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 22-1332 to the Committee of the Whole. | The motion passed on a vote of 9-1. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/07/2022 | Third Reading | BILL |
29
AYE
5
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 03/31/2022 | Third Reading | BILL |
51
AYE
14
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/25/2022 | Governor | Governor Signed |
| 04/20/2022 | Governor | Sent to the Governor |
| 04/19/2022 | Senate | Signed by the President of the Senate |
| 04/19/2022 | House | Signed by the Speaker of the House |
| 04/07/2022 | Senate | Senate Third Reading Passed - No Amendments |
| 04/06/2022 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 04/05/2022 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/04/2022 | Senate | Introduced In Senate - Assigned to Appropriations |
| 03/31/2022 | House | House Third Reading Passed - No Amendments |
| 03/30/2022 | House | House Second Reading Special Order - Passed - No Amendments |
| 03/29/2022 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 03/28/2022 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 04/25/2022 | 129 | OEDIT ARPA Funds For Rural Colorado |