Skip to main content

PUBLIC
BILL SUMMARY For HB26-1003

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Feb 4, 2026       Location HCR 0112

HB26-1003 - Amended, referred to the Committee of the Whole


11:15:57 AM  
Representatives Ricks and Camacho, co-prime sponsors introduced House Bill 26-1003: Small Business Recovery Modifications. The bill modifies the Small Business Recovery and Resiliency Loan Program and transfers $5.0 million from the Small Business Recovery and Resiliency Fund to the Colorado Startup Loan Program Fund.

The bill sponsors answered questions from members of the committee.
11:37:31 AM  
Sam Taylor, representing the Colorado Office of Economic Development and International Trade (OEDIT), testified in support of the bill. Treasurer Dave Young, representing the Colorado Department of Treasury, testified in support of the bill. Ms. Hunter Nelson, representing the Small Business Majority, testified in support of the bill. Mr. Paul Scharfenberger, representing the Colorado Clean Energy Fund, testified in support of the bill. Terrance Grady, representing the Colorado Housing and Finance Authority (CHFA), was available to answer committee questions.
11:50:44 AM  
The panelists answered questions from members of the committee.
12:14:31 PM  
The panelists continued answering questions from members of the committee.
12:23:56 PM  
Representatives Ricks and Camacho presented Amendment L001 (Attachment B).

12:27:12 PM
Motion Adopt amendment L.001
Moved Ricks
Seconded Gonzalez R.
Brooks
English
Gonzalez R.
Keltie
Mabrey
Marshall
Mauro
Nguyen
Richardson
Rydin
Suckla
Camacho
Ricks
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
12:27:21 PM  
The bill sponsors and members of the committee provided closing comments on the bill.

12:35:08 PM
Motion Refer House Bill 26-1003, as amended, to the Committee of the Whole.
Moved Camacho
Seconded Ricks
Brooks No
English Yes
Gonzalez R. Yes
Keltie Yes
Mabrey Yes
Marshall No
Mauro Yes
Nguyen Yes
Richardson No
Rydin Yes
Suckla Yes
Camacho Yes
Ricks Yes
Final YES: 10   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS