Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Colorado. It’s critical that state lawmakers enact policies to support and empower these entrepreneurs, guaranteeing they have access to capital to start and grow their business, affordable and quality healthcare and benefit programs that will make it easier for them to attract and retain talented employees.
Colorado Small Business Owner Highlight
Three years ago, Howard Paul started Howard Paul Photography for Communication and Commerce in Denver, Colo. But before opening his business, Howard was an EMS first responder, and eventually held an Executive Director position for the EMS Association of Colorado. Needless to say, thanks to his 31-year long career in emergency services, Howard is not easily rattled. However, mountain rescue missions pale in comparison to the terror he feels knowing that he could lose his health insurance in a matter of months.
Colorado Outreach Director Hunter Railey testifies in support of HB19-1174, which addresses suprise out-of-network billing. The bill would require healthcare providers and facilities to disclose service performed by out-of-network providers and disclose the claims and payments process. It would also require consumers receive easy to understand notifications of their rights regarding bills from out-of-network providers, and sets “reasonable rates of payment” for these out-of-network providers.
Colorado Outreach Manager Hunter Railey testified in support of legislation that would create the Early Childhood Educator Tax Credit. The hearing was called by the Colorado General Assembly Education Committee. Hunter's testimony explained how the proposed bill will benefit small businesses by increasing access to affordable, quality child care. The bill will also directly help home-based child care providers.
Small Business Majority writes in support of HB19-1174, which concerns out-of-network health care services, or surprise billing. The legislation would bring more transparency and affordability to pricing for healthcare services, benefitting small businesses’ bottom lines and helping to control costs in the healthcare system overall.
The Colorado state legislature is considering a bill that would make Colorado the seventh state in the country to establish a program guaranteeing access to paid leave to care for a newborn child or a sick family member. Small business owners and their employees are particularly affected by the current lack of access to paid family leave as many small businesses can’t afford to offer robust benefits, putting them at a disadvantage with their larger counterparts.
On December 15, Small Business Majority released a new scientific opinion poll that found a majority of Colorado small businesses believe business owners should not be allowed to deny services to LGBT individuals based on the owner’s religious beliefs, including for wedding-related services.
Colorado small business owners soundly reject efforts to increase the interest rates lenders can charge on certain consumer loans, and the results of a new Small Business Majority poll of state small business owners strongly suggest state legislators who support such increases would pay the price at the election booth. According to the scientific poll, an overwhelming 90% oppose allowing lenders to increase the interest they can charge on a $3,000 consumer loan from 28% a year to 30% a year and allow increases based on inflation for each subsequent year.
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