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Colorado lawmakers seek money to attract tech jobs

Published on NewsOK Modified: January 7, 2013 at 2:28 pm •  Published: January 7, 2013

The program would draw money from the general fund as well as a proposed reworking of an existing tax benefit known as the enterprise zones program, said incoming Democratic House Speaker Mark Ferrandino. He called the proposal a strategic investment in economic development and said the goal is to have as much as $20 million in grant funding available annually.

Grants would range from $150,000 for research and development to $500,000 for infrastructure funding.

The governor's Office of Economic Development and International Trade would manage the program.

In the state Senate, tax cuts for parents are the priority for Democrats. President John Morse said he's sponsoring a series of child-tax credits that could affect more than 370,000 families.

Details were expected Wednesday, when the Legislature convenes for its 120-day session.


Associated Press Writer Kristen Wyatt contributed to this report.


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