Democrats float budget amendments

DENVER — House Democrats introduced a series of budget amendments to fund programs they said were aimed at improving the state’s economy and connecting residents with jobs.

The measures introduced Wednesday would do the following, according to House Democrats:

  • Launch a tech transfer program introduced by House Minority Leader Mark Ferrandino, D-Denver, and Rep. Dave Young, D-Greeley. Amendments offered by Young and Ferrandino would net $6.5 million to fund the proposed program.
  • Transfer $300,000 from the Colorado Student Assessment Program to fund state small-business development centers.
  • Shift $250,000 from the student assessment program to fund an angel investor program sponsored by Rep. John Kefalas, D-Fort Collins. The program would offer tax incentives to venture capitalists who invest in Colorado companies.
  • Direct state Office of Economic Development and International Trade to give preference to Colorado companies that employ residents.
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