As an entrepreneur I know every cent counts when you’re getting a small business off the ground so I am particularly thrilled that we are cutting red tape to help small business owners and making it nearly free to start a new business, and reducing the burden of federal taxes on our Colorado small businesses.
I stopped by a Colorado Springs classic, BJ Velvet Freez this afternoon to sign new laws to help save businesses money. First up was SB22-006 which lets Colorado’s small businesses keep more of the sales tax revenue that they collect, opening up the door for small businesses to hire more employees, expand, invest in updates and more.
I also signed the bipartisan HB22-1230 Employment Support And Job Retention Services to foster systems that support Coloradans and give them the resources they need to find and keep good paying jobs that lead to careers. This is especially critical as our economy continues its strong recovery from the pandemic.
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