Today, Senate Democrats voted to kill the first bill of the legislative session when they voted down SB 20 in the State Affairs Committee by a party line vote. This bill would have given small business owners across Colorado a voice when lawmakers introduce bills that impact them and their businesses.
“This common sense proposal garnered the support of small businessmen and women of all stripes, regardless of party affiliation,” said Senator Ted Harvey (R-Highlands Ranch). “This bill would have given legislators a clearer picture of how a bill impacts job creation and contributes to cost doing business before they vote on it.”
Senate Bill 20 would allow for a 5 day comment period following the introduction of new legislation or a notice of proposed rule-making. During that time, any member of the public would be allowed to submit comments regarding the “potential business fiscal impact of the new legislation or rule.” After the period closes, Legislative Council would be required to prepare a notice that would summarize the comments received and provide a clearer picture of how the proposed bill would affect the cost of doing business, compliance and job creation in Colorado. The bill was endorsed by the National Federation of Independent Businesses (NFIB).
“Allowing small business owners a voice in how a proposed bill affects them only makes sense,” Harvey said. “We require a fiscal note for every bill that costs state government. Why shouldn’t we do the same for the small businesses that are the backbone of our economy?”