SB 23-209 CO

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Became Law

The "Colorado Loans for Increasing Main Street Business Economic Recovery Act" (CLIMBER Act) provides small business recovery loans to Colorado businesses affected by the COVID-19 pandemic. In 2022, the general assembly amended the CLIMBER Act by requiring that the determination as to whether a business has sufficient financial viability to be an "eligible borrower" be based on the business's current financial condition rather than, as had been the case, the business's financial condition as of February 29, 2020, but in doing so failed to delete all the obsolete statutory references to "February 29, 2020". The act corrects that omission by deleting the remaining obsolete reference to "February 29, 2020,". APPROVED by Governor May 24, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die.(Note: This summary applies to this bill as enacted.)

• Joann Ginal · primary
• Janice Rich · primary
• Rick Taggart Republican · primary
• Naquetta Ricks Democratic · primary

1. May 24, 2023 Governor Signed · executive
2. May 10, 2023 Sent to the Governor · executive
3. May 10, 2023 Signed by the President of the Senate · upper
4. May 9, 2023 Signed by the Speaker of the House · lower
5. May 6, 2023 House Third Reading Passed - No Amendments · lower
6. May 4, 2023 House Third Reading Laid Over Daily - No Amendments · lower
7. May 3, 2023 House Second Reading Special Order - Passed - No Amendments · lower
8. Apr 19, 2023 House Second Reading Laid Over Daily - No Amendments · lower
9. Apr 17, 2023 House Committee on Finance Refer Unamended to House Committee of the Whole · lower
10. Apr 10, 2023 Introduced In House - Assigned to Finance · lower
11. Apr 10, 2023 Senate Third Reading Passed - No Amendments · upper
12. Apr 6, 2023 Senate Second Reading Special Order - Passed - No Amendments · upper
13. Apr 4, 2023 Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
14. Mar 20, 2023 Introduced In Senate - Assigned to Business, Labor, & Technology · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Signed Act (05/24/2023) · PDF
• Final Act (05/10/2023) · PDF
• Rerevised (05/06/2023) · PDF
• Revised (05/03/2023) · PDF
• Reengrossed (04/10/2023) · PDF
• Engrossed (04/06/2023) · PDF
• Introduced (03/20/2023) · PDF
• Committee Amendment · PDF