Colorado 2024 Regular Session

Colorado House Bill HB1439 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-fourth General Assembly
	3	+	STATE OF COLORADO
	4	+	REREVISED
	5	+	This Version Includes All Amendments
	6	+	Adopted in the Second House
	7	+	LLS NO. 24-1124.01 Josh Schultz x5486
1	8		HOUSE BILL 24-1439
2		-	BY REPRESENTATIVE(S) Willford and Weinberg, Amabile, Bacon, Bird,
3		-	Boesenecker, Daugherty, English, Froelich, Hamrick, Herod, Jodeh, Kipp,
4		-	Lieder, Lindsay, Lukens, Mabrey, Marvin, Mauro, McLachlan, Ortiz, Ricks,
5		-	Rutinel, Titone, Young, McCluskie, Brown, Duran, Lindstedt, Velasco;
6		-	also SENATOR(S) Coleman and Baisley, Bridges, Buckner, Cutter, Exum,
7		-	Fields, Jaquez Lewis, Michaelson Jenet, Mullica, Priola, Roberts,
8		-	Smallwood.
	9	+	House Committees Senate Committees
	10	+	Finance Finance
	11	+	Appropriations Appropriations
	12	+	A BILL FOR AN ACT
9	13		C
10		-	ONCERNING FINANCIAL INCENTIVES RELATED TO APPRENTICESHIP
11		-	PROGRAMS
12		-	, AND, IN CONNECTION THEREWITH , MAKING AN
13		-	APPROPRIATION
14		-	.
15		-
16		-	Be it enacted by the General Assembly of the State of Colorado:
17		-	SECTION 1. In Colorado Revised Statutes, add 39-22-562 as
18		-	follows:
19		-	39-22-562. Apprenticeship tax credit - tax preference
20		-	performance statement - legislative declaration - definitions - rules -
	14	+	ONCERNING FINANCIAL INCENTIVES RELATED TO APPRENTICESHIP101
	15	+	PROGRAMS, AND, IN CONNECTION THEREWITH, MAKING AN102
	16	+	APPROPRIATION.103
	17	+	Bill Summary
	18	+	(Note: This summary applies to this bill as introduced and does
	19	+	not reflect any amendments that may be subsequently adopted. If this bill
	20	+	passes third reading in the house of introduction, a bill summary that
	21	+	applies to the reengrossed version of this bill will be available at
	22	+	http://leg.colorado.gov
	23	+	.)
	24	+	For income tax years commencing on or after January 1, 2025, but
	25	+	before January 1, 2035, section 1 of the bill creates a refundable state
	26	+	income tax credit (tax credit) that an employer may claim if the employer
	27	+	employs an apprentice for at least 6 months during an income tax year
	28	+	and either has a registered apprenticeship program or is an
	29	+	SENATE
	30	+	3rd Reading Unamended
	31	+	May 6, 2024
	32	+	SENATE
	33	+	Amended 2nd Reading
	34	+	May 4, 2024
	35	+	HOUSE
	36	+	3rd Reading Unamended
	37	+	May 1, 2024
	38	+	HOUSE
	39	+	Amended 2nd Reading
	40	+	April 30, 2024
	41	+	HOUSE SPONSORSHIP
	42	+	Willford and Weinberg, Amabile, Bacon, Bird, Boesenecker, Daugherty, English,
	43	+	Froelich, Hamrick, Herod, Jodeh, Kipp, Lieder, Lindsay, Lukens, Mabrey, Marvin, Mauro,
	44	+	McCluskie, McLachlan, Ortiz, Ricks, Rutinel, Titone, Young
	45	+	SENATE SPONSORSHIP
	46	+	Coleman and Baisley, Bridges, Buckner, Cutter, Exum, Fields, Jaquez Lewis, Michaelson
	47	+	Jenet, Mullica, Priola, Roberts, Smallwood
	48	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	49	+	Capital letters or bold & italic numbers indicate new material to be added to existing law.
	50	+	Dashes through the words or numbers indicate deletions from existing law. employer-partner of a registered apprenticeship program. The amount of
	51	+	the tax credit is up to $6,300 for 6 months of employment plus up to
	52	+	$1,050 for each consecutive additional month of employment, for a
	53	+	maximum of up to $12,600 per apprentice per income tax year. An
	54	+	employer may not claim a credit for:
	55	+	! More than 10 apprentices per income tax year;
	56	+	! The same apprentice for more than 24 consecutive months;
	57	+	and
	58	+	! An apprentice for months when the apprentice did not
	59	+	receive wages from the employer.
	60	+	To claim a tax credit, an employer must submit an application for
	61	+	the reservation of the tax credit and an application to receive an income
	62	+	tax credit certificate to the state apprenticeship agency (SAA) in the
	63	+	department of labor and employment (department). The SAA shall review
	64	+	the applications for specified criteria to determine whether the employer
	65	+	qualifies for the tax credit and tax credit certificate.
	66	+	Section 2 ends the state income tax credit for qualified investments
	67	+	made in a qualified school-to-career program for income tax years after
	68	+	December 31, 2024.
	69	+	Section 4 creates the scale-up grant program in the department to
	70	+	start new registered apprenticeship programs or expand existing programs
	71	+	in Colorado. The scale-up grant program awards grants from the money
	72	+	in the scale-up grant fund, which is created in the bill. Eligible grant
	73	+	recipients include employers or entities operating an apprenticeship
	74	+	program and that:
	75	+	! Plan to develop and register a new registered
	76	+	apprenticeship program; or
	77	+	! Currently offer a registered apprenticeship program and
	78	+	plan to expand it.
	79	+	The bill requires the department to collect specified data regarding
	80	+	the scale-up grant program and submit a report to specified committees
	81	+	of the general assembly.
	82	+	Section 5 creates the qualified apprenticeship intermediary grant
	83	+	program in the department to support entities that demonstrate expertise
	84	+	in connecting employers or apprenticeship program participants to
	85	+	registered apprenticeship programs or in convening stakeholders to
	86	+	develop registered apprenticeship programs. The qualified apprenticeship
	87	+	intermediary grant program awards grants from the money in the qualified
	88	+	apprenticeship intermediary grant fund, which is created in the bill. An
	89	+	eligible grant recipient must be a qualified apprenticeship intermediary.
	90	+	The bill requires the department to collect specified data regarding
	91	+	the qualified apprenticeship intermediary grant program and submit a
	92	+	report to specified committees of the general assembly.
	93	+	1439-2- Be it enacted by the General Assembly of the State of Colorado:1
	94	+	SECTION 1. In Colorado Revised Statutes, add 39-22-560 as2
	95	+	follows:3
	96	+	39-22-560. Apprenticeship tax credit - tax preference4
	97	+	performance statement - legislative declaration - definitions - rules -5
21	98		repeal. (1) (a) T
22		-	HE GENERAL ASSEMBLY FINDS AND DECLARES THAT :
	99	+	HE GENERAL ASSEMBLY FINDS AND DECLARES THAT :6
23	100		(I) C
24		-	OLORADO IS COMMITTED TO ACCELERATING NEW
25		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
26		-	officers and the Governor. To determine whether the Governor has signed the bill
27		-	or taken other action on it, please consult the legislative status sheet, the legislative
28		-	history, or the Session Laws.
29		-	________
30		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
31		-	through words or numbers indicate deletions from existing law and such material is not part of
32		-	the act. APPRENTICESHIP PROGRAM GROWTH ON A DIVERSE BASIS , ESPECIALLY IN
33		-	NEW AND EMERGING INDUSTRIES THAT HAVE BEEN TRADITIONALLY
34		-	UNDERREPRESENTED IN REGISTERED APPRENTICESHIPS
35		-	; AND
36		-	(II) MANY EMPLOYERS ARE INTERESTED IN PROVIDING
37		-	HIGH
38		-	-QUALITY REGISTERED APPRENTICESHIPS TO ADDRESS THEIR SKILLED
39		-	WORKER SHORTAGES BUT FACE FINANCIAL BARRIERS
40		-	, ESPECIALLY SMALL
41		-	BUSINESSES
42		-	.
	101	+	OLORADO IS COMMITTED TO ACCELERATING NEW7
	102	+	APPRENTICESHIP PROGRAM GROWTH ON A DIVERSE BASIS , ESPECIALLY IN8
	103	+	NEW AND EMERGING INDUSTRIES THAT HAVE BEEN TRADITIONALLY9
	104	+	UNDERREPRESENTED IN REGISTERED APPRENTICESHIPS ; AND10
	105	+	(II) M
	106	+	ANY EMPLOYERS ARE INTERESTED IN PROVIDING11
	107	+	HIGH-QUALITY REGISTERED APPRENTICESHIPS TO ADDRESS THEIR SKILLED12
	108	+	WORKER SHORTAGES BUT FACE FINANCIAL
	109	+	BARRIERS, ESPECIALLY SMALL13
	110	+	BUSINESSES.14
43	111		(b) I
44		-	N ACCORDANCE WITH SECTION 39-21-304 (1), WHICH REQUIRES
45		-	EACH BILL THAT CREATES A NEW TAX EXPENDITURE TO INCLUDE A TAX
46		-	PREFERENCE PERFORMANCE STATEMENT AS PART OF A STATUTORY
47		-	LEGISLATIVE DECLARATION
48		-	, THE GENERAL ASSEMBLY FINDS AND DECLARES
49		-	THAT THE PURPOSE OF THE TAX CREDIT PROVIDED FOR IN THIS SECTION IS TO
50		-	INDUCE CERTAIN DESIGNATED BEHAVIOR BY TAXPAYERS AND TO PROVIDE
51		-	A REDUCTION IN INCOME TAX LIABILITY FOR CERTAIN BUSINESSES THAT HIRE
52		-	APPRENTICES
53		-	. SPECIFICALLY, THIS TAX EXPENDITURE IS INTENDED TO
54		-	INCENTIVIZE THE HIRING OF APPRENTICES AND GROWTH OF REGISTERED
55		-	APPRENTICESHIP PROGRAMS IN NEW AND EMERGING INDUSTRIES
56		-	.
	112	+	N ACCORDANCE WITH SECTION 39-21-304 (1), WHICH15
	113	+	REQUIRES EACH BILL THAT CREATES A NEW TAX EXPENDITURE TO INCLUDE16
	114	+	A TAX PREFERENCE PERFORMANCE STATEMENT AS PART OF A STATUTORY17
	115	+	LEGISLATIVE DECLARATION , THE GENERAL ASSEMBLY FINDS AND18
	116	+	DECLARES THAT THE PURPOSE OF THE TAX CREDIT PROVIDED FOR IN THIS19
	117	+	SECTION IS TO INDUCE CERTAIN DESIGNATED BEHAVIOR BY TAXPAYERS20
	118	+	AND TO PROVIDE A REDUCTION IN INCOME TAX LIABILITY FOR CERTAIN21
	119	+	BUSINESSES THAT HIRE APPRENTICES . SPECIFICALLY, THIS TAX22
	120	+	EXPENDITURE IS INTENDED TO INCENTIVIZE THE HIRING OF APPRENTICES23
	121	+	AND GROWTH OF REGISTERED APPRENTICESHIP PROGRAMS IN NEW AND24
	122	+	EMERGING INDUSTRIES.25
57	123		(c) T
58		-	HE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL
59		-	MEASURE THE EFFECTIVENESS OF THE TAX CREDIT IN ACHIEVING THE
60		-	PURPOSES SPECIFIED IN SUBSECTION
61		-	(1)(b) OF THIS SECTION BASED ON THE
62		-	NUMBER AND VALUE OF THE CREDITS CLAIMED
63		-	.
	124	+	HE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL26
	125	+	MEASURE THE EFFECTIVENESS OF THE TAX CREDIT IN ACHIEVING THE27
	126	+	1439
	127	+	-3- PURPOSES SPECIFIED IN SUBSECTION (1)(b) OF THIS SECTION BASED ON THE1
	128	+	NUMBER AND VALUE OF THE CREDITS CLAIMED .2
64	129		(2) A
65		-	S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE
66		-	REQUIRES
67		-	:
	130	+	S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE3
	131	+	REQUIRES:4
68	132		(a) "A
69		-	PPRENTICE" HAS THE SAME MEANING AS SET FORTH ~~IN SECTION~~
70		-	8-15.7-101 (1).
	133	+	PPRENTICE" HAS THE SAME MEANING AS SET FORTH IN5
	134	+	SECTION 8-15.7-101 (1).6
71	135		(b) "C
72		-	ERTIFICATE OF REGISTRATION" HAS THE SAME MEANING AS SET
73		-	FORTH IN SECTION
74		-	8-15.7-101 (6).
	136	+	ERTIFICATE OF REGISTRATION" HAS THE SAME MEANING AS7
	137	+	SET FORTH IN SECTION 8-15.7-101 (6).8
75	138		(c) "C
76		-	REDIT" MEANS THE CREDIT AGAINST INCOME TAX CREATED IN
77		-	THIS SECTION
78		-	.
	139	+	REDIT" MEANS THE CREDIT AGAINST INCOME TAX CREATED9
	140	+	IN THIS SECTION.10
79	141		(d) "D
80		-	EPARTMENT" MEANS THE DEPARTMENT OF REVENUE .
	142	+	EPARTMENT" MEANS THE DEPARTMENT OF REVENUE .11
81	143		(e) "E
82		-	MPLOYEE" HAS THE SAME MEANING AS SET FORTH IN SECTION
83		-	PAGE 2-HOUSE BILL 24-1439 39-22-604 (2)(a); EXCEPT THAT "EMPLOYEE" INCLUDES ONLY THOSE
84		-	INDIVIDUALS WHO PERFORM SERVICES FOR THE TAXPAYER FOR AT LEAST ONE
85		-	THOUSAND FORTY HOURS PER INCOME TAX YEAR
86		-	.
	144	+	MPLOYEE" HAS THE SAME MEANING AS SET FORTH IN12
	145	+	SECTION 39-22-604 (2)(a); EXCEPT THAT "EMPLOYEE" INCLUDES ONLY13
	146	+	THOSE INDIVIDUALS WHO PERFORM SERVICES FOR THE TAXPAYER FOR AT14
	147	+	LEAST ONE THOUSAND FORTY HOURS PER INCOME TAX YEAR .15
87	148		(f) "N
88		-	EW AND EMERGING INDUSTRY " DOES NOT INCLUDE ~~THE~~
89		-	BUILDING AND CONSTRUCTION TRADES AS DESCRIBED IN ~~SECTION~~
	149	+	EW AND EMERGING INDUSTRY " DOES NOT INCLUDE THE16
	150	+	BUILDING AND CONSTRUCTION TRADES AS DESCRIBED IN SECTION17
90	151		8-15.7-105
91		-	(4).
	152	+	(4).18
92	153		(g) "Q
93		-	UALIFIED TAXPAYER" OR "TAXPAYER" MEANS A PERSON
94		-	SUBJECT TO TAX PURSUANT TO THIS ARTICLE
95		-	22 THAT IS DOING BUSINESS IN
96		-	THIS STATE AND THAT EMPLOYS AN APPRENTICE IN THE RELEVANT TAX
97		-	YEAR
98		-	.
	154	+	UALIFIED TAXPAYER" OR "TAXPAYER" MEANS A PERSON19
	155	+	SUBJECT TO TAX PURSUANT TO THIS ARTICLE 22 THAT IS DOING BUSINESS20
	156	+	IN THIS STATE AND THAT EMPLOYS AN APPRENTICE IN THE RELEVANT TAX21
	157	+	YEAR.22
99	158		(h) "R
100		-	EGISTERED APPRENTICESHIP PROGRAM " HAS THE SAME
101		-	MEANING AS SET FORTH IN SECTION
102		-	8-15.7-101 (13).
103		-	(i) "S
104		-	MALL BUSINESS" MEANS A BUSINESS WITH FEWER THAN FIFTY
105		-	EMPLOYEES
106		-	.
107		-	(j) "S
108		-	TATE APPRENTICESHIP AGENCY " OR "SAA" HAS THE SAME
109		-	MEANING AS SET FORTH IN SECTION
110		-	8-15.7-101 (16).
	159	+	EGISTERED APPRENTICESHIP PROGRAM " HAS THE SAME23
	160	+	MEANING AS SET FORTH IN SECTION 8-15.7-101 (13).24
	161	+	(i) "SMALL BUSINESS" MEANS A BUSINESS WITH FEWER THAN FIFTY25
	162	+	EMPLOYEES.26
	163	+	(j) "STATE APPRENTICESHIP AGENCY " OR "SAA" HAS THE SAME27
	164	+	1439
	165	+	-4- MEANING AS SET FORTH IN SECTION 8-15.7-101 (16).1
111	166		(3) (a) S
112		-	UBJECT TO THE LIMITATIONS SET FORTH IN SUBSECTION
113		-	(3)(b) OF THIS SECTION, FOR INCOME TAX YEARS COMMENCING ON OR AFTER
114		-	JANUARY 1, 2025, BUT BEFORE JANUARY 1, 2035, A QUALIFIED TAXPAYER
115		-	IN A NEW AND EMERGING INDUSTRY IS ALLOWED AN APPRENTICESHIP TAX
116		-	CREDIT AGAINST THE INCOME TAX IMPOSED BY THIS ARTICLE
117		-	22 FOR EACH
118		-	APPRENTICE WHO IS AN EMPLOYEE OF THE TAXPAYER IN THIS STATE FOR NO
119		-	LESS THAN SIX MONTHS DURING THE TAXPAYER
120		-	'S INCOME TAX YEAR. THE
121		-	CREDIT IS EQUAL TO UP TO SIX THOUSAND THREE HUNDRED DOLLARS FOR SIX
122		-	MONTHS OF EMPLOYMENT PLUS UP TO ONE THOUSAND FIFTY DOLLARS FOR
123		-	EACH ADDITIONAL MONTH OF EMPLOYMENT
124		-	, FOR A MAXIMUM OF TWELVE
125		-	THOUSAND SIX HUNDRED DOLLARS PER APPRENTICE PER INCOME TAX YEAR
126		-	;
127		-	EXCEPT THAT THE TAXPAYER SHALL NOT CLAIM A CREDIT FOR :
	167	+	UBJECT TO THE LIMITATIONS SET FORTH IN SUBSECTION2
	168	+	(3)(b)
	169	+	OF THIS SECTION, FOR INCOME TAX YEARS COMMENCING ON OR3
	170	+	AFTER JANUARY 1, 2025, BUT BEFORE JANUARY 1, 2035, A QUALIFIED4
	171	+	TAXPAYER IN A NEW AND EMERGING INDUSTRY IS ALLOWED AN5
	172	+	APPRENTICESHIP TAX CREDIT AGAINST THE INCOME TAX IMPOSED BY THIS6
	173	+	ARTICLE 22 FOR EACH APPRENTICE WHO IS AN EMPLOYEE OF THE7
	174	+	TAXPAYER IN THIS STATE FOR NO LESS THAN SIX MONTHS DURING THE8
	175	+	TAXPAYER'S INCOME TAX YEAR. THE CREDIT IS EQUAL TO UP TO SIX9
	176	+	THOUSAND THREE HUNDRED DOLLARS FOR SIX MONTHS OF EMPLOYMENT10
	177	+	PLUS UP TO ONE THOUSAND FIFTY DOLLARS FOR EACH ADDITIONAL MONTH11
	178	+	OF EMPLOYMENT, FOR A MAXIMUM OF TWELVE THOUSAND SIX HUNDRED12
	179	+	DOLLARS PER APPRENTICE PER INCOME TAX YEAR ; EXCEPT THAT THE13
	180	+	TAXPAYER SHALL NOT CLAIM A CREDIT FOR :14
128	181		(I) M
129		-	ORE THAN TEN APPRENTICES PER INCOME TAX YEAR ;
	182	+	ORE THAN TEN APPRENTICES PER INCOME TAX YEAR ;15
130	183		(II) T
131		-	HE SAME APPRENTICE FOR MORE THAN TWO CONSECUTIVE
132		-	INCOME TAX YEARS
133		-	; AND
134		-	PAGE 3-HOUSE BILL 24-1439 (III) AN APPRENTICE FOR MONTHS WHEN THE APPRENTICE DID NOT
135		-	RECEIVE WAGES FROM THE TAXPAYER
136		-	.
	184	+	HE SAME APPRENTICE FOR MORE THAN TWO CONSECUTIVE16
	185	+	INCOME TAX YEARS; AND17
	186	+	(III) A
	187	+	N APPRENTICE FOR MONTHS WHEN THE APPRENTICE DID NOT18
	188	+	RECEIVE WAGES FROM THE TAXPAYER .19
137	189		(b) A
138		-	QUALIFIED TAXPAYER MUST EITHER:
	190	+	QUALIFIED TAXPAYER MUST EITHER:20
139	191		(I) H
140		-	AVE ESTABLISHED A REGISTERED APPRENTICESHIP PROGRAM IN
141		-	GOOD STANDING WITH THE
142		-	SAA AND RECEIVED A CERTIFICATE OF
143		-	REGISTRATION FROM THE STATE APPRENTICESHIP AGENCY
144		-	; OR
145		-	(II) BE AN EMPLOYER-PARTNER OF A REGISTERED APPRENTICESHIP
146		-	PROGRAM IN GOOD STANDING WITH THE
147		-	SAA AS VERIFIED BY THE QUALIFIED
148		-	TAXPAYER
149		-	'S INCLUSION ON THE COLORADO STATE APPRENTICESHIP
150		-	RESOURCE DIRECTORY PURSUANT TO SECTION
151		-	8-83-308.
	192	+	AVE ESTABLISHED A REGISTERED APPRENTICESHIP PROGRAM21
	193	+	IN GOOD STANDING WITH THE SAA AND RECEIVED A CERTIFICATE OF22
	194	+	REGISTRATION FROM THE STATE APPRENTICESHIP AGENCY ; OR23
	195	+	(II) B
	196	+	E AN EMPLOYER-PARTNER OF A REGISTERED APPRENTICESHIP24
	197	+	PROGRAM
	198	+	IN GOOD STANDING WITH THE SAA AS VERIFIED BY THE25
	199	+	QUALIFIED TAXPAYER 'S INCLUSION ON THE COLORADO STATE26
	200	+	APPRENTICESHIP RESOURCE DIRECTORY PURSUANT TO SECTION 8-83-308.27
	201	+	1439
	202	+	-5- (c) TO CLAIM THE CREDIT, THE TAXPAYER MUST RESERVE THE1
	203	+	CREDIT AS SET FORTH IN SUBSECTION (4) OF THIS SECTION AND ANNUALLY2
	204	+	APPLY FOR AND RECEIVE AN INCOME TAX CREDIT CERTIFICATE FROM THE3
	205	+	STATE APPRENTICESHIP AGENCY PURSUANT TO SUBSECTION (5) OF THIS4
	206	+	SECTION.5
	207	+	(4) (a) T
	208	+	O CLAIM A CREDIT PURSUANT TO THIS SECTION , A6
	209	+	TAXPAYER MUST SUBMIT AN APPLICATION FOR THE RESERVATION OF A TAX7
	210	+	CREDIT TO THE SAA IN THE FORM AND MANNER PRESCRIBED BY THE SAA.8
	211	+	(b) T
	212	+	HE SAA SHALL REVIEW ALL SUBMITTED APPLICATIONS TO :9
	213	+	(I) D
	214	+	ETERMINE WHETHER THE APPLICANT IS A QUALIFIED10
	215	+	TAXPAYER;11
	216	+	(II) D
	217	+	ETERMINE WHETHER THE APPLICANT HAS COMPLIED WITH12
	218	+	THE REQUIREMENTS OF SUBSECTION (3)(b) OF THIS SECTION;13
	219	+	(III) D
	220	+	ETERMINE WHETHER THE INDIVIDUAL FOR WHOM THE14
	221	+	APPLICATION IS SUBMITTED IS AN APPRENTICE , IS AN EMPLOYEE, AND15
	222	+	COMPLIES WITH ANY STANDARDS SET FORTH IN ARTICLE 15.7 OF TITLE 8;16
	223	+	AND17
	224	+	(IV) C
	225	+	ALCULATE THE NUMBER OF MONTHS EACH PROSPECTIVE18
	226	+	APPRENTICE IS EXPECTED TO BE EMPLOYED .19
	227	+	(c) (I) B
	228	+	ASED UPON THE NUMBER OF APPRENTICES THE QUALIFIED20
	229	+	TAXPAYER EXPECTS TO EMPLOY , AND THE NUMBER OF MONTHS EACH21
	230	+	APPRENTICE IS EXPECTED TO BE EMPLOYED , THE SAA MAY RESERVE FOR22
	231	+	THE BENEFIT OF EACH QUALIFIED TAXPAYER ALL OR PART OF THE CREDIT23
	232	+	AMOUNT REQUESTED BY THE QUALIFIED TAXPAYER ; EXCEPT THAT THE24
	233	+	SAA
	234	+	SHALL NOT RESERVE AN AMOUNT IN EXCESS OF THE CREDIT25
	235	+	ALLOWED BY SUBSECTION (3)(a) OF THIS SECTION.26
	236	+	(II)
	237	+	THE AGGREGATE AMOUNT OF CREDITS RESERVED FOR ALL27
	238	+	1439
	239	+	-6- QUALIFIED TAXPAYERS MUST NOT EXCEED FIFTEEN MILLION DOLLARS PER1
	240	+	CALENDAR YEAR. THE SAA MAY RESERVE CREDITS FOR THE CURRENT OR2
	241	+	ANY FUTURE CALENDAR YEAR BASED UPON THE EXPECTED EMPLOYMENT3
	242	+	DATES INDICATED IN A QUALIFIED TAXPAYER 'S APPLICATION. FOR A4
	243	+	QUALIFIED TAXPAYER WHOSE INCOME TAX YEAR IS NOT A CALENDAR5
	244	+	YEAR, THE RESERVATION IS EFFECTIVE FOR THE INCOME TAX YEAR THAT6
	245	+	BEGINS DURING THE CALENDAR YEAR FOR THE RESERVATION .7
	246	+	(III) I
	247	+	F, FOR ANY CALENDAR YEAR, THE AGGREGATE AMOUNT OF8
	248	+	RESERVATIONS FOR TAX CREDITS THE SAA HAS APPROVED IS EQUAL TO9
	249	+	THE TOTAL AMOUNT OF TAX CREDITS AVAILABLE FOR RESERVATION FOR10
	250	+	A CURRENT OR FUTURE CALENDAR YEAR , THE SAA SHALL NOTIFY ALL11
	251	+	QUALIFIED TAXPAYERS T HAT HAVE SUBMITTED APPLICATIONS THEN12
	252	+	AWAITING APPROVAL OR THAT HAVE SUBMITTED APPLICATIONS FOR13
	253	+	APPROVAL AFTER THE CALCULATION IS MADE THAT ADDITIONAL14
	254	+	APPROVALS OF APPLICATIONS FOR RESERVATIONS OF TAX CREDITS SHALL15
	255	+	NOT BE GRANTED FOR THE CALENDAR YEAR . THE PENDING APPLICATIONS16
	256	+	MUST REMAIN PENDING IN THE ORDER RECEIVED FOR UP TO TWO YEARS17
	257	+	AFTER THE DATE THE ORIGINAL APPLICATION IS RECEIVED BY THE SAA18
	258	+	AND SHALL BE CONSIDERED FOR RESERVATIONS OF TAX CREDITS IN THE19
	259	+	EVENT THAT ADDITIONAL CREDITS BECOME AVAILABLE PURSUANT TO20
	260	+	SUBSECTION (5)(b) OF THIS SECTION.21
	261	+	(d) (I) I
	262	+	F THE SAA RESERVES CREDITS FOR THE BENEFIT OF A22
	263	+	QUALIFIED TAXPAYER, THE SAA SHALL NOTIFY THE QUALIFIED TAXPAYER23
	264	+	OF THE RESERVATION AND THE AMOUNT RESERVED . THE RESERVATION OF24
	265	+	TAX CREDITS DOES NOT ENTITLE THE QUALIFIED TAXPAYER TO AN25
	266	+	ISSUANCE OF A TAX CREDIT CERTIFICATE UNTIL THE QUALIFIED TAXPAYER26
	267	+	COMPLIES WITH ALL OF THE REQUIREMENTS OF THIS SECTION OR27
	268	+	1439
	269	+	-7- STANDARDS OF THE SAA FOR THE ISSUANCE OF A TAX CREDIT1
	270	+	CERTIFICATE.2
	271	+	(II) T
	272	+	HE SAA SHALL NOTIFY ANY QUALIFIED TAXPAYER FOR3
	273	+	WHICH THE SAA DID NOT RESERVE A CREDIT UNDER SUBSECTION (4)(c) OF4
	274	+	THIS SECTION OF ITS DECISION IN WRITING. IF THE SAA DETERMINES THAT5
	275	+	A QUALIFIED TAXPAYER'S APPLICATION IS INCOMPLETE OR THAT THE6
	276	+	APPLICATION DOES NOT COMPLY WITH THE REQUIREMENTS OF THIS7
	277	+	SECTION OR THE STANDARDS ESTABLISHED BY THE SAA, THE SAA SHALL8
	278	+	REMOVE THE APPLICATION FROM THE REVIEW PROCESS AND NOTIFY THE9
	279	+	QUALIFIED TAXPAYER IN WRITING OF ITS DECISION.10
	280	+	(5) (a) (I) A
	281	+	QUALIFIED TAXPAYER SHALL SUBMIT AN APPLICATION11
	282	+	TO THE SAA FOR AN INCOME TAX CREDIT CERTIFICATE TO CLAIM THE12
	283	+	CREDIT ALLOWED BY THIS SECTION ON A FORM AND IN A M ANNER13
	284	+	PRESCRIBED BY THE SAA. THE APPLICATION MUST INCLUDE IDENTIFYING14
	285	+	INFORMATION FOR EACH APPRENTICE EMPLOYED IN THE STATE FOR WHICH15
	286	+	THE QUALIFIED TAXPAYER IS SUBMITTING AN APPLICATION FOR A TAX16
	287	+	CREDIT, THE AMOUNT OF CREDIT REQUESTED , AND SUFFICIENT17
	288	+	INFORMATION TO ALLOW THE SAA TO MAKE A DETERMINATION THAT :18
	289	+	(A) T
	290	+	HE TAXPAYER MEETS THE REQUIREMENTS SET FORTH IN THIS19
	291	+	SECTION;20
	292	+	(B) T
	293	+	HE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED21
	294	+	MEETS THE STANDARDS SET FORTH IN ARTICLE 15.7 OF TITLE 8; AND22
152	295		(C) T
153		-	O CLAIM THE CREDIT, THE TAXPAYER MUST RESERVE THE
154		-	CREDIT AS SET FORTH IN SUBSECTION
155		-	(4) OF THIS SECTION AND ANNUALLY
156		-	APPLY FOR AND RECEIVE AN INCOME TAX CREDIT CERTIFICATE FROM THE
157		-	STATE APPRENTICESHIP AGENCY PURSUANT TO SUBSECTION
158		-	(5) OF THIS
159		-	SECTION
160		-	.
161		-	(4) (a) T
162		-	O CLAIM A CREDIT PURSUANT TO THIS SECTION, A TAXPAYER
163		-	MUST SUBMIT AN APPLICATION FOR THE RESERVATION OF A TAX CREDIT TO
164		-	THE
165		-	SAA IN THE FORM AND MANNER PRESCRIBED BY THE SAA.
	296	+	HE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED23
	297	+	HAS NOT BEEN THE SUBJECT OF A TAXPAYER 'S APPLICATION FOR MORE24
	298	+	THAN TWO INCOME TAX YEARS .25
	299	+	(II) E
	300	+	XCEPT AS PROVIDED IN SUBSECTION (5)(b)(II) OF THIS26
	301	+	SECTION, THE SAA:27
	302	+	1439
	303	+	-8- (A) MAY ISSUE ONE INCOME TAX CREDIT CERTIFICATE PER INCOME1
	304	+	TAX YEAR TO EACH QUALIFIED TAXPAYER THAT , AT A MINIMUM, SPECIFIES2
	305	+	THE TAXPAYER'S IDENTIFYING INFORMATION AND THE TOTAL AMOUNT OF3
	306	+	THE CREDIT ALLOWED; AND4
	307	+	(B) S
	308	+	HALL NOT ISSUE AN INCOME TAX CREDIT CERTIFICATE IN5
	309	+	EXCESS OF THE AMOUNT RESERVED FOR THE QUALIFIED TAXPAYER FOR6
	310	+	THE CALENDAR YEAR PURSUANT TO SUBSECTION (4) OF THIS SECTION.7
	311	+	(b) I
	312	+	F THE ACTUAL AGGREGATE AMOUNT OF INCOME TAX CREDIT8
	313	+	CERTIFICATES ISSUED FOR A CALENDAR YEAR IS LESS THAN THE MAXIMUM9
	314	+	AGGREGATE AMOUNT OF CREDITS ALLOWED TO BE RESERVED FOR ALL10
	315	+	QUALIFIED TAXPAYERS, THE SAA SHALL APPLY THE REMAINING BALANCE11
	316	+	IN THE FOLLOWING ORDER:12
	317	+	(I) R
	318	+	ESERVE THE REMAINING BALANCE FOR ANY APPLICATIONS13
	319	+	PENDING IN ORDER OF PRIORITY PURSUANT TO SUBSECTION (4)(c)(III) OF14
	320	+	THIS SECTION;
	321	+	AND15
	322	+	(II) I
	323	+	SSUE AN ADDITIONAL TAX CREDIT CERTIFICATE UP TO THE16
	324	+	AMOUNT ALLOWED PURSUANT TO SUBSECTION (3)(a) OF THIS SECTION TO17
	325	+	ANY QUALIFIED TAXPAYER WHOSE ACTUAL CREDIT EARNED EXCEEDED THE18
	326	+	AMOUNT RESERVED PURSUANT TO SUBSECTION (4) OF THIS
	327	+	SECTION.19
	328	+	20
	329	+	(c) (I) T
	330	+	HE SAA SHALL MAINTAIN A DATABASE OF ANY21
	331	+	INFORMATION DETERMINED NECESSARY BY THE SAA TO EVALUATE THE22
	332	+	EFFECTIVENESS OF THE INCOME TAX CREDIT ALLOWED IN THIS SECTION IN23
	333	+	MEETING THE PURPOSE SET FORTH IN SUBSECTION (1)(b) OF THIS SECTION24
	334	+	AND SHALL PROVIDE SUCH INFORMATION , AND ANY OTHER INFORMATION25
	335	+	THAT MAY BE NEEDED, IF AVAILABLE, TO THE STATE AUDITOR AS PART OF26
	336	+	THE STATE AUDITOR'S EVALUATION OF THE TAX EXPENDITURE REQUIRED27
	337	+	1439
	338	+	-9- BY SECTION 39-21-305.1
	339	+	(II) T
	340	+	HE SAA SHALL, IN A SUFFICIENTLY TIMELY MANNER TO2
	341	+	ALLOW THE DEPARTMENT TO PROCESS RETURNS CLAIMING THE INCOME3
	342	+	TAX CREDIT ALLOWED IN THIS SECTION, PROVIDE THE DEPARTMENT WITH4
	343	+	AN ELECTRONIC REPORT FOR THE PRECEDING TAX YEAR LISTING EACH5
	344	+	QUALIFIED TAXPAYER TO WHICH THE SAA ISSUED AN INCOME TAX CREDIT6
	345	+	CERTIFICATE AND THAT INCLUDES THE FOLLOWING INFORMATION :7
	346	+	(A) T
	347	+	HE TAXPAYER'S NAME;8
166	348		(B) T
167		-	HE SAA SHALL REVIEW ALL SUBMITTED APPLICATIONS TO :
168		-	(I) D
169		-	ETERMINE WHETHER THE APPLICANT IS A QUALIFIED TAXPAYER ;
170		-	(II) D
171		-	ETERMINE WHETHER THE APPLICANT HAS COMPLIED WITH THE
172		-	REQUIREMENTS OF SUBSECTION
173		-	(3)(b) OF THIS SECTION;
174		-	(III) D
175		-	ETERMINE WHETHER THE INDIVIDUAL FOR WHOM THE
176		-	APPLICATION IS SUBMITTED IS AN APPRENTICE
177		-	, IS AN EMPLOYEE, AND
178		-	COMPLIES WITH ANY STANDARDS SET FORTH IN ARTICLE
179		-	15.7 OF TITLE 8; AND
180		-	(IV) CALCULATE THE NUMBER OF MONTHS EACH PROSPECTIVE
181		-	APPRENTICE IS EXPECTED TO BE EMPLOYED
182		-	.
183		-	(c) (I) B
184		-	ASED UPON THE NUMBER OF APPRENTICES THE QUALIFIED
185		-	TAXPAYER EXPECTS TO EMPLOY
186		-	, AND THE NUMBER OF MONTHS EACH
187		-	PAGE 4-HOUSE BILL 24-1439 APPRENTICE IS EXPECTED TO BE EMPLOYED, THE SAA MAY RESERVE FOR THE
188		-	BENEFIT OF EACH QUALIFIED TAXPAYER ALL OR PART OF THE CREDIT
189		-	AMOUNT REQUESTED BY THE QUALIFIED TAXPAYER
190		-	; EXCEPT THAT THE SAA
191		-	SHALL NOT RESERVE AN AMOUNT IN EXCESS OF THE CREDIT ALLOWED BY
192		-	SUBSECTION
193		-	(3)(a) OF THIS SECTION.
	349	+	HE AMOUNT OF THE INCOME TAX CREDIT THAT THE TAX9
	350	+	CREDIT CERTIFICATE INDICATES THE TAXPAYER IS ELIGIBLE TO CLAIM; AND10
	351	+	(C) T
	352	+	HE TAXPAYER'S SOCIAL SECURITY NUMBER OR THE11
	353	+	TAXPAYER'S COLORADO ACCOUNT NUMBER AND FEDERAL EMPLOYER12
	354	+	IDENTIFICATION NUMBER.13
	355	+	(III)
	356	+	(A) THE SAA SHALL PRESCRIBE FORMS AND PROMULGATE14
	357	+	RULES PURSUANT TO ARTICLE 4 OF TITLE 24 ESTABLISHING THE15
	358	+	STANDARDS FOR WHICH AN INCOME TAX CREDIT CERTIFICATE UNDER THIS16
	359	+	SUBSECTION (5) IS ISSUED.17
	360	+	(B) IN ESTABLISHING THE STANDARDS REQUIRED BY SECTION18
	361	+	(5)(c)(III)(A) OF THIS SECTION, THE SAA SHALL OBTAIN INPUT FROM19
	362	+	EMPLOYERS AND APPRENTICES ON ELEMENTS OF PROGRAM QUALITY FOR20
	363	+	REGISTERED APPRENTICESHIP PROGRAMS IN NEW AND EMERGING21
	364	+	INDUSTRIES.22
	365	+	(C) QUALIFIED TAXPAYERS THAT HAVE PREVIOUSLY CLAIMED THE23
	366	+	INCOME TAX CREDIT AND SEEK TO CLAIM THE INCOME TAX CREDIT IN24
	367	+	FUTURE TAX YEARS SHALL PROVIDE INFORMATION REGARDING HOW THEY25
	368	+	HAVE SATISFIED THE STANDARDS ISSUED PURSUANT TO SECTION26
	369	+	(5)(c)(III)(A) OF THIS SECTION RELATED TO PROGRAM QUALITY IN THEIR27
	370	+	1439
	371	+	-10- REAPPLICATION FOR THE INCOME TAX CREDIT .1
	372	+	(IV) THE SAA SHALL CONDUCT OUTREACH TO SMALL BUSINESSES2
	373	+	TO ENSURE THEY ARE AWARE OF THE TAX CREDIT AND PROVIDE3
	374	+	TECHNICAL ASSISTANCE TO MINIMIZE THE ADMINISTRATIVE BURDEN OF4
	375	+	SUBMITTING AN APPLICATION FOR THE RESERVATION OF A TAX CREDIT .5
	376	+	(6) T
	377	+	O CLAIM THE CREDIT AUTHORIZED BY THIS SECTION , A6
	378	+	TAXPAYER SHALL FILE THE INCOME TAX CREDIT CERTIFICATE WITH THE7
	379	+	TAXPAYER'S STATE INCOME TAX RETURN . THE AMOUNT OF THE CREDIT8
	380	+	THAT THE TAXPAYER MAY CLAIM PURSUANT TO THIS SECTION IS THE9
	381	+	AMOUNT STATED ON THE INCOME TAX CREDIT CERTIFICATE .10
	382	+	(7) I
	383	+	F A TAXPAYER CLAIMS THE CREDIT ALLOWED IN THIS SECTION ,11
	384	+	THE TAXPAYER SHALL NOT CLAIM A CREDIT FOR THE SAME APPRENTICE12
	385	+	PURSUANT TO SECTION 39-22-531, 39-30-105.1, OR 39-30.5-105.13
	386	+	(8) I
	387	+	F AN INCOME TAX CREDIT AUTHORIZED IN THIS SECTION14
	388	+	EXCEEDS THE INCOME TAX DUE ON THE INCOME OF THE TAXPAYER FOR15
	389	+	THE TAXABLE YEAR , THE EXCESS CREDIT SHALL NOT BE CARRIED16
	390	+	FORWARD AND MUST BE REFUNDED TO THE TAXPAYER .17
	391	+	(9) T
	392	+	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2037.18
	393	+	SECTION 2. In Colorado Revised Statutes, 39-22-520, amend19
	394	+	(2)(a); and add (4) as follows:20
	395	+	39-22-520. Credit against tax - investment in school-to-career21
	396	+	program - definitions - repeal. (2) (a) For income tax years beginning22
	397	+	on or after January 1, 1997,
	398	+	AND PRIOR TO JANUARY 1, 2025, there shall23
	399	+	be allowed to any person as a credit against the tax imposed by this article24
	400	+	ARTICLE 22 an amount equal to ten percent of the total qualified25
	401	+	investment made in a qualified school-to-career program.26
	402	+	(4) T
	403	+	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31,
	404	+	2034.27
	405	+	1439
	406	+	-11- SECTION 3. In Colorado Revised Statutes, 8-15.7-102, add1
	407	+	(1)(s) as follows:2
	408	+	8-15.7-102. State apprenticeship agency - created - director -3
	409	+	powers and duties - rules - repeal. (1) There is created in the4
	410	+	department the state apprenticeship agency. The executive director shall5
	411	+	appoint a director of the SAA. The SAA shall:6
	412	+	(s) (I) R
	413	+	EVIEW APPLICATIONS FOR AND ISSUE INCOME TAX CREDIT7
	414	+	CERTIFICATES AS SPECIFIED IN SECTION 39-22-560 AND PROMULGATE8
	415	+	RULES TO ESTABLISH STANDARDS FOR THE CERTIFICATES .9
194	416		(II) T
195		-	HE AGGREGATE AMOUNT OF CREDITS RESERVED FOR ALL
196		-	QUALIFIED TAXPAYERS MUST NOT EXCEED FIFTEEN MILLION DOLLARS PER
197		-	CALENDAR YEAR
198		-	. THE SAA MAY RESERVE CREDITS FOR THE CURRENT OR
199		-	ANY FUTURE CALENDAR YEAR BASED UPON THE EXPECTED EMPLOYMENT
200		-	DATES INDICATED IN A QUALIFIED TAXPAYER
201		-	'S APPLICATION. FOR A
202		-	QUALIFIED TAXPAYER WHOSE INCOME TAX YEAR IS NOT A CALENDAR YEAR
203		-	,
204		-	THE RESERVATION IS EFFECTIVE FOR THE INCOME TAX YEAR THAT BEGINS
205		-	DURING THE CALENDAR YEAR FOR THE RESERVATION
206		-	.
207		-	(III) I
208		-	F, FOR ANY CALENDAR YEAR , THE AGGREGATE AMOUNT OF
209		-	RESERVATIONS FOR TAX CREDITS THE
210		-	SAA HAS APPROVED IS EQUAL TO THE
211		-	TOTAL AMOUNT OF TAX CREDITS AVAILABLE FOR RESERVATION FOR A
212		-	CURRENT OR FUTURE CALENDAR YEAR
213		-	, THE SAA SHALL NOTIFY ALL
214		-	QUALIFIED TAXPAYERS T HAT HAVE SUBMITTED APPLICATIONS THEN
215		-	AWAITING APPROVAL OR THAT HAVE SUBMITTED APPLICATIONS FOR
216		-	APPROVAL AFTER THE CALCULATION IS MADE THAT ADDITIONAL APPROVALS
217		-	OF APPLICATIONS FOR RESERVATIONS OF TAX CREDITS SHALL NOT BE
218		-	GRANTED FOR THE CALENDAR YEAR
219		-	. THE PENDING APPLICATIONS MUST
220		-	REMAIN PENDING IN THE ORDER RECEIVED FOR UP TO TWO YEARS AFTER THE
221		-	DATE THE ORIGINAL APPLICATION IS RECEIVED BY THE
222		-	SAA AND SHALL BE
223		-	CONSIDERED FOR RESERVATIONS OF TAX CREDITS IN THE EVENT THAT
224		-	ADDITIONAL CREDITS BECOME AVAILABLE PURSUANT TO SUBSECTION
225		-	(5)(b)
226		-	OF THIS SECTION.
227		-	(d) (I) I
228		-	F THE SAA RESERVES CREDITS FOR THE BENEFIT OF A
229		-	QUALIFIED TAXPAYER
230		-	, THE SAA SHALL NOTIFY THE QUALIFIED TAXPAYER
231		-	OF THE RESERVATION AND THE AMOUNT RESERVED
232		-	. THE RESERVATION OF
233		-	TAX CREDITS DOES NOT ENTITLE THE QUALIFIED TAXPAYER TO AN ISSUANCE
234		-	OF A TAX CREDIT CERTIFICATE UNTIL THE QUALIFIED TAXPAYER COMPLIES
235		-	WITH ALL OF THE REQUIREMENTS OF THIS SECTION OR STANDARDS OF THE
236		-	SAA FOR THE ISSUANCE OF A TAX CREDIT CERTIFICATE.
	417	+	HIS SUBSECTION (1)(s) IS REPEALED, EFFECTIVE DECEMBER10
	418	+	31,
	419	+	2037.11
	420	+	SECTION 4. In Colorado Revised Statutes, add parts 2 and 3 to12
	421	+	article 15.7 of title 8 as follows:13
	422	+	PART 214
	423	+	SCALE-UP GRANT PROGRAM15
	424	+	8-15.7-201. Definitions. A
	425	+	S USED IN THIS PART 2:16
	426	+	(1) "A
	427	+	PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A17
	428	+	GRANT FROM THE SCALE-UP GRANT PROGRAM.18
	429	+	(2) "S
	430	+	CALE-UP GRANT FUND" OR "FUND" MEANS THE SCALE-UP19
	431	+	GRANT FUND CREATED IN SECTION 8-15.7-205.20
	432	+	(3) "S
	433	+	CALE-UP GRANT PROGRAM" OR "GRANT PROGRAM" MEANS21
	434	+	THE SCALE-UP GRANT PROGRAM CREATED IN SECTION 8-15.7-202.22
	435	+	8-15.7-202. Scale-up grant program - creation - application23
	436	+	process - data. (1) O
	437	+	N OR BEFORE JANUARY 1, 2025, THE DEPARTMENT24
	438	+	SHALL ESTABLISH THE SCALE-UP GRANT PROGRAM TO ESTABLISH NEW25
	439	+	REGISTERED APPRENTICESHIP PROGRAMS OR EXPAND EXISTING PROGRAMS26
	440	+	IN COLORADO.27
	441	+	1439
	442	+	-12- (2) THE DEPARTMENT SHALL:1
	443	+	(a) C
	444	+	REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS2
	445	+	GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM , WITH THE3
	446	+	GOAL OF ACCELERATING NEW APPRENTICESHIP PROGRAM GROWTH ,4
	447	+	DIVERSIFYING PARTICIPANTS IN APPRENTICESHIP PROGRAMS , AND5
	448	+	DIVERSIFYING THE GEOGRAPHIC DISTRIBUTION OF APPRENTICESHIP6
	449	+	PROGRAMS, ESPECIALLY IN HIGH-PRIORITY, HIGH-DEMAND INDUSTRIES,7
	450	+	WHILE ENSURING QUALITY STANDARDS ;8
	451	+	(b) S
	452	+	ELECT GRANT RECIPIENTS THAT ARE EMPLOYERS OR SPONSORS9
	453	+	THAT:10
	454	+	(I) P
	455	+	LAN TO DEVELOP AND REGISTER A NEW REGISTERED11
	456	+	APPRENTICESHIP PROGRAM; OR12
	457	+	(II) C
	458	+	URRENTLY OFFER A REGISTERED APPRENTICESHIP PROGRAM13
	459	+	AND PLAN TO EXPAND IT;14
	460	+	(c) O
	461	+	UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS15
	462	+	PARTICIPATING IN THE GRANT PROGRAM , INCLUDING MAINTAINING16
	463	+	ACCURATE AND TIMELY DATA IN THE FEDERAL REGISTERED17
	464	+	APPRENTICESHIP PARTNERS INFORMATION DATABASE SYSTEM , OR A18
	465	+	SUCCESSOR DATABASE; AND19
	466	+	(d) C
	467	+	OLLECT DATA CONCERNING THE GRANT PROGRAM ,20
	468	+	INCLUDING:21
	469	+	(I) T
	470	+	HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT22
	471	+	PROGRAM;23
237	472		(II) T
238		-	HE SAA SHALL NOTIFY ANY QUALIFIED TAXPAYER FOR WHICH
239		-	THE
240		-	SAA DID NOT RESERVE A CREDIT UNDER SUBSECTION (4)(c) OF THIS
241		-	PAGE 5-HOUSE BILL 24-1439 SECTION OF ITS DECISION IN WRITING. IF THE SAA DETERMINES THAT A
242		-	QUALIFIED TAXPAYER
243		-	'S APPLICATION IS INCOMPLETE OR THAT THE
244		-	APPLICATION DOES NOT COMPLY WITH THE REQUIREMENTS OF THIS SECTION
245		-	OR THE STANDARDS ESTABLISHED BY THE
246		-	SAA, THE SAA SHALL REMOVE
247		-	THE APPLICATION FROM THE REVIEW PROCESS AND NOTIFY THE QUALIFIED
248		-	TAXPAYER IN WRITING OF ITS DECISION
249		-	.
250		-	(5) (a) (I) A
251		-	QUALIFIED TAXPAYER SHALL SUBMIT AN APPLICATION
252		-	TO THE
253		-	SAA FOR AN INCOME TAX CREDIT CERTIFICATE TO CLAIM THE CREDIT
254		-	ALLOWED BY THIS SECTION ON A FORM AND IN A M ANNER PRESCRIBED BY
255		-	THE
256		-	SAA. THE APPLICATION MUST INCLUDE IDENTIFYING INFORMATION FOR
257		-	EACH APPRENTICE EMPLOYED IN THE STATE FOR WHICH THE QUALIFIED
258		-	TAXPAYER IS SUBMITTING AN APPLICATION FOR A TAX CREDIT
259		-	, THE AMOUNT
260		-	OF CREDIT REQUESTED
261		-	, AND SUFFICIENT INFORMATION TO ALLOW THE SAA
262		-	TO MAKE A DETERMINATION THAT :
263		-	(A) T
264		-	HE TAXPAYER MEETS THE REQUIREMENTS SET FORTH IN THIS
265		-	SECTION
266		-	;
267		-	(B) T
268		-	HE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED
269		-	MEETS THE STANDARDS SET FORTH IN ARTICLE
270		-	15.7 OF TITLE 8; AND
271		-	(C) THE APPRENTICE FOR WHOM THE APPLICATION IS SUBMITTED HAS
272		-	NOT BEEN THE SUBJECT OF A TAXPAYER
273		-	'S APPLICATION FOR MORE THAN TWO
274		-	INCOME TAX YEARS
275		-	.
276		-	(II) E
277		-	XCEPT AS PROVIDED IN SUBSECTION (5)(b)(II) OF THIS SECTION,
278		-	THE SAA:
279		-	(A) M
280		-	AY ISSUE ONE INCOME TAX CREDIT CERTIFICATE PER INCOME
281		-	TAX YEAR TO EACH QUALIFIED TAXPAYER THAT
282		-	, AT A MINIMUM, SPECIFIES
283		-	THE TAXPAYER
284		-	'S IDENTIFYING INFORMATION AND THE TOTAL AMOUNT OF
285		-	THE CREDIT ALLOWED
286		-	; AND
287		-	(B) SHALL NOT ISSUE AN INCOME TAX CREDIT CERTIFICATE IN
288		-	EXCESS OF THE AMOUNT RESERVED FOR THE QUALIFIED TAXPAYER FOR THE
289		-	CALENDAR YEAR PURSUANT TO SUBSECTION
290		-	(4) OF THIS SECTION.
291		-	(b) I
292		-	F THE ACTUAL AGGREGATE AM OUNT OF INCOME TAX CREDIT
293		-	CERTIFICATES ISSUED FOR A CALENDAR YEAR IS LESS THAN THE MAXIMUM
294		-	PAGE 6-HOUSE BILL 24-1439 AGGREGATE AMOUNT OF CREDITS ALLOWED TO BE RESERVED FOR ALL
295		-	QUALIFIED TAXPAYERS
296		-	, THE SAA SHALL APPLY THE REMAINING BALANCE IN
297		-	THE FOLLOWING ORDER
298		-	:
299		-	(I) R
300		-	ESERVE THE REMAINING BALANCE FOR ANY APPLICATIONS
301		-	PENDING IN ORDER OF PRIORITY PURSUANT TO SUBSECTION
302		-	(4)(c)(III) OF
303		-	THIS SECTION
304		-	; AND
305		-	(II) ISSUE AN ADDITIONAL TAX CREDIT CERTIFICATE UP TO THE
306		-	AMOUNT ALLOWED PURSUANT TO SUBSECTION
307		-	(3)(a) OF THIS SECTION TO
308		-	ANY QUALIFIED TAXPAYER WHOSE ACTUAL CREDIT EARNED EXCEEDED THE
309		-	AMOUNT RESERVED PURSUANT TO SUBSECTION
310		-	(4) OF THIS SECTION.
311		-	(c) (I) T
312		-	HE SAA SHALL MAINTAIN A DATABASE OF ANY INFORMATION
313		-	DETERMINED NECESSARY BY THE
314		-	SAA TO EVALUATE THE EFFECTIVENESS OF
315		-	THE INCOME TAX CREDIT ALLOWED IN THIS SECTION IN MEETING THE
316		-	PURPOSE SET FORTH IN SUBSECTION
317		-	(1)(b) OF THIS SECTION AND SHALL
318		-	PROVIDE SUCH INFORMATION
319		-	, AND ANY OTHER INFORMATION THAT MAY BE
320		-	NEEDED
321		-	, IF AVAILABLE, TO THE STATE AUDITOR AS PART OF THE STATE
322		-	AUDITOR
323		-	'S EVALUATION OF THE TAX EXPENDITURE REQUIRED BY SECTION
324		-	39-21-305.
	473	+	HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT24
	474	+	PROGRAM;25
	475	+	(III) THE WAGES FOR APPRENTICES BENEFITING FROM THE GRANT26
	476	+	PROGRAM;27
	477	+	1439
	478	+	-13- (IV) THE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE1
	479	+	GRANT RECIPIENTS; AND2
	480	+	(V) ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE3
	481	+	DEPARTMENT.4
	482	+	8-15.7-203. Applicants. (1) A
	483	+	N APPLICANT SHALL SUBMIT AN5
	484	+	APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED6
	485	+	BY THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION . IN7
	486	+	THE APPLICATION, THE APPLICANT SHALL:8
	487	+	(a) P
	488	+	ROVIDE A DETAILED PROPOSAL AND OPERATIONS PLAN FOR9
	489	+	THE GROWTH OR DEVELOPMENT OF A REGISTERED APPRENTICESHIP10
	490	+	PROGRAM; AND11
	491	+	(b) S
	492	+	UBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY12
	493	+	THE DEPARTMENT.13
	494	+	(2) A
	495	+	PPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN14
	496	+	SELECTED TO RECEIVE FUNDING FROM THE QUALIFIED APPRENTICESHIP15
	497	+	INTERMEDIARY GRANT PROGRAM PURSUANT TO SECTION 8-15.7-302.16
	498	+	8-15.7-204. Report. O
	499	+	N OR BEFORE DECEMBER 31, 2026, THE17
	500	+	DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION18
	501	+	COLLECTED PURSUANT TO SECTION 8-15.7-202 (2)(d) TO THE HOUSE OF19
	502	+	REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE20
	503	+	SENATE BUSINESS, LABOR, AND TECHNOLOGY COMMI TTEE , OR THEIR21
	504	+	SUCCESSOR COMMITTEES.22
	505	+	8-15.7-205. Scale-up grant fund - creation - gifts, grants, or23
	506	+	donations - transfer. (1) T
	507	+	HERE IS CREATED IN THE STATE TREASURY24
	508	+	THE SCALE-UP GRANT FUND. MONEY IN THE FUND IS
	509	+	ANNUALLY25
	510	+	APPROPRIATED TO THE DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM26
	511	+	AND PAY FOR THE DEPARTMENT 'S DIRECT AND INDIRECT COSTS IN27
	512	+	1439
	513	+	-14- ADMINISTERING THE GRANT PROGRAM .1
	514	+	(2) O
	515	+	N JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO2
	516	+	MILLION DOLLARS FROM THE GENERAL FUND TO THE SCALE -UP GRANT3
	517	+	FUND.4
	518	+	(3) T
	519	+	HE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,5
	520	+	GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE6
	521	+	PURPOSES OF THIS PART 2.7
	522	+	(4) T
	523	+	HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED8
	524	+	AND UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF9
	525	+	STATE FISCAL YEAR 2026-27 TO THE GENERAL FUND.10
	526	+	8-15.7-206. Repeal of part. T
	527	+	HIS PART 2 IS REPEALED, EFFECTIVE11
	528	+	J
	529	+	ULY 1, 2027.12
	530	+	PART 313
	531	+	QUALIFIED APPRENTICESHIP INTERMEDIARY14
	532	+	GRANT PROGRAM15
	533	+	8-15.7-301. Definitions. A
	534	+	S USED IN THIS PART 3:16
	535	+	(1) "A
	536	+	PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A17
	537	+	GRANT FROM THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT18
	538	+	PROGRAM.19
	539	+	(2) "Q
	540	+	UALIFIED APPRENTICESHIP INTERMEDIARY " HAS THE SAME20
	541	+	MEANING AS "QUALIFIED INTERMEDIARY" AS SET FORTH IN SECTION21
	542	+	8-15.7-101
	543	+	(11).22
	544	+	(3) "Q
	545	+	UALIFIED APPRENTICESHIP INTERMEDIARY GRANT FUND " OR23
	546	+	"
	547	+	FUND" MEANS THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT24
	548	+	FUND CREATED IN SECTION 8-15.7-305.25
	549	+	(4) "Q
	550	+	UALIFIED APPRENTICESHIP INTERMEDIARY GRANT PROGRAM "26
	551	+	OR "GRANT PROGRAM " MEANS THE QUALIFIED APPRENTICESHIP27
	552	+	1439
	553	+	-15- INTERMEDIARY GRANT PROGRAM CREATED IN SECTION 8-15.7-302.1
	554	+	8-15.7-302. Qualified apprenticeship intermediary grant2
	555	+	program - creation - application process - data. (1) O
	556	+	N OR BEFORE3
	557	+	J
	558	+	ANUARY 1, 2025, THE DEPARTMENT SHALL ESTABLISH THE QUALIFIED4
	559	+	APPRENTICESHIP INTERMEDIARY GRANT PROGRAM TO SUPPORT ENTITIES5
	560	+	THAT DEMONSTRATE EXPERTISE IN CONNECTING EMPLOYERS OR6
	561	+	APPRENTICESHIP PROGRAM PARTICIPANT S TO REGISTERED APPRENTICESHIP7
	562	+	PROGRAMS OR IN CONVENING STAKEHOLDERS TO DEVELOP REGISTERED8
	563	+	APPRENTICESHIP PROGRAMS.9
	564	+	(2) T
	565	+	HE DEPARTMENT SHALL:10
	566	+	(a) C
	567	+	REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS11
	568	+	GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM , WITH THE12
	569	+	GOAL OF EXP ANDING APPRENTICESHIP PROGRAMS , DIVERSIFYING13
	570	+	PARTICIPANTS IN APPRENTICESHIP PROGRAMS , AND DIVERSIFYING14
	571	+	GEOGRAPHIC DISTRIBUTION OF APPRENTICESHIP PROGRAMS , ESPECIALLY15
	572	+	IN HIGH-PRIORITY, HIGH-DEMAND INDUSTRIES, WHILE ENSURING QUALITY16
	573	+	STANDARDS;17
	574	+	(b) S
	575	+	ELECT AND PRIORITIZE GRANT PROGRAM RECIPIENTS BASED18
	576	+	ON:19
	577	+	(I) A
	578	+	N APPLICANT'S RECORD OF SUCCESS IN SUPPORTING JOB20
	579	+	SEEKERS, APPRENTICES, EMPLOYERS, AND SPONSORS;21
325	580		(II) T
326		-	HE SAA SHALL, IN A SUFFICIENTLY TIMELY MANNER TO ALLOW
327		-	THE DEPARTMENT TO PROCESS RETURNS CLAIMING THE INCOME TAX CREDIT
328		-	ALLOWED IN THIS SECTION
329		-	, PROVIDE THE DEPARTMENT WITH AN ELECTRONIC
330		-	REPORT FOR THE PRECEDING TAX YEAR LISTING EACH QUALIFIED TAXPAYER
331		-	TO WHICH THE
332		-	SAA ISSUED AN INCOME TAX CREDIT CERTIFICATE AND THAT
333		-	INCLUDES THE FOLLOWING INFORMATION
334		-	:
335		-	(A) T
336		-	HE TAXPAYER'S NAME;
337		-	(B) T
338		-	HE AMOUNT OF THE INCOME TAX CREDIT THAT THE TAX CREDIT
339		-	CERTIFICATE INDICATES THE TAXPAYER IS ELIGIBLE TO CLAIM
340		-	; AND
341		-	(C) THE TAXPAYER'S SOCIAL SECURITY NUMBER OR THE TAXPAYER 'S
342		-	COLORADO ACCOUNT NUMBER AND FEDERAL EMPLOYER IDENTIFICATION
343		-	NUMBER
344		-	.
345		-	(III) (A) T
346		-	HE SAA SHALL PRESCRIBE FORMS AND PROMULGATE
347		-	RULES PURSUANT TO ARTICLE
348		-	4 OF TITLE 24 ESTABLISHING THE STANDARDS
349		-	PAGE 7-HOUSE BILL 24-1439 FOR WHICH AN INCOME TAX CREDIT CERTIFICATE UNDER THIS SUBSECTION
350		-	(5) IS ISSUED.
351		-	(B) I
352		-	N ESTABLISHING THE STANDARDS REQUIRED BY SUBSECTION
353		-	(5)(c)(III)(A) OF THIS SECTION, THE SAA SHALL OBTAIN INPUT FROM
354		-	EMPLOYERS AND APPRENTICES ON ELEMENTS OF PROGRAM QUALITY FOR
355		-	REGISTERED APPRENTICESHIP PROGRAMS IN NEW AND EMERGING
356		-	INDUSTRIES
357		-	.
358		-	(C) Q
359		-	UALIFIED TAXPAYERS THAT HAVE PREVIOUSLY CLAIMED THE
360		-	INCOME TAX CREDIT AND SEEK TO CLAIM THE INCOME TAX CREDIT IN FUTURE
361		-	TAX YEARS SHALL PROVIDE INFORMATION REGARDING HOW THEY HAVE
362		-	SATISFIED THE STANDARDS ISSUED PURSUANT TO SUBSECTION
363		-	(5)(c)(III)(A)
364		-	OF THIS SECTION RELATED TO PROGRAM QUALITY IN THEIR REAPPLICATION
365		-	FOR THE INCOME TAX CREDIT
366		-	.
367		-	(IV) T
368		-	HE SAA SHALL CONDUCT OUTREACH TO SMALL BUSINESSES TO
369		-	ENSURE THEY ARE AWARE OF THE TAX CREDIT AND PROVIDE TECHNICAL
370		-	ASSISTANCE TO MINIMIZE THE ADMINISTRATIVE BURDEN OF SUBMITTING AN
371		-	APPLICATION FOR THE RESERVATION OF A TAX CREDIT
372		-	.
373		-	(6) T
374		-	O CLAIM THE CREDIT AUTHORIZED BY THIS SECTION , A
375		-	TAXPAYER SHALL FILE THE INCOME TAX CREDIT CERTIFICATE WITH THE
376		-	TAXPAYER
377		-	'S STATE INCOME TAX RETURN. THE AMOUNT OF THE CREDIT THAT
378		-	THE TAXPAYER MAY CLAIM PURSUANT TO THIS SECTION IS THE AMOUNT
379		-	STATED ON THE INCOME TAX CREDIT CERTIFICATE
380		-	.
381		-	(7) I
382		-	F A TAXPAYER CLAIMS THE CREDIT ALLOWED IN THIS SECTION ,
383		-	THE TAXPAYER SHALL NOT CLAIM A CREDIT FOR THE SAME APPRENTICE
384		-	PURSUANT TO SECTION
385		-	39-22-531, 39-30-105.1, OR 39-30.5-105.
386		-	(8) I
387		-	F AN INCOME TAX CREDIT AUTHORIZED IN THIS SECTION EXCEEDS
388		-	THE INCOME TAX DUE ON THE INCOME OF THE TAXPAYER FOR THE TAXABLE
389		-	YEAR
390		-	, THE EXCESS CREDIT SHALL NOT BE CARRIED FORWARD AND MUST BE
391		-	REFUNDED TO THE TAXPAYER
392		-	.
393		-	(9) T
394		-	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2037.
395		-	SECTION 2. In Colorado Revised Statutes, 39-22-520, amend
396		-	(2)(a); and add (4) as follows:
397		-	PAGE 8-HOUSE BILL 24-1439 39-22-520. Credit against tax - investment in school-to-career
398		-	program - definitions - repeal. (2) (a) For income tax years beginning on
399		-	or after January 1, 1997,
400		-	AND PRIOR TO JANUARY 1, 2025, there shall be
401		-	allowed to any person as a credit against the tax imposed by this article
402		-	ARTICLE 22 an amount equal to ten percent of the total qualified investment
403		-	made in a qualified school-to-career program.
	581	+	HE REGIONAL DIVERSITY OF THE AREAS SERVED BY AN22
	582	+	APPLICANT;23
	583	+	(III) T
	584	+	HE DIVERSITY OF POPULATIONS SERVED BY AN APPLICANT ;24
	585	+	AND25
	586	+	(IV) H
	587	+	OW THE REGISTERED APPRENTICESHIP PROGRAMS SERVED26
	588	+	BY THE APPLICANT MEET TALENT NEEDS IN HIGH-PRIORITY, HIGH-DEMAND27
	589	+	1439
	590	+	-16- INDUSTRIES;1
	591	+	(c) O
	592	+	UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS2
	593	+	PARTICIPATING IN THE GRANT PROGRAM ; AND3
	594	+	(d) C
	595	+	OLLECT DATA CONCERNING THE GRANT PROGRAM THAT4
	596	+	INCLUDES:5
	597	+	(I) T
	598	+	HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT6
	599	+	PROGRAM;7
	600	+	(II) T
	601	+	HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT8
	602	+	PROGRAM;9
	603	+	(III) T
	604	+	HE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE10
	605	+	GRANT RECIPIENTS;11
	606	+	(IV) A
	607	+	DESCRIPTION OF THE SERVICES PROVIDED BY THE GRANT12
	608	+	RECIPIENT;13
	609	+	(V) T
	610	+	HE NAMES OF THE REGISTERED APPRENTICESHIP PROGRAMS14
	611	+	AND OCCUPATIONS IMPACTED BY THE SERVICES PROVIDED BY THE GRANT15
	612	+	RECIPIENT; AND16
	613	+	(VI) A
	614	+	NY OTHER INFORMATION DEEMED APPROPRIATE BY THE17
	615	+	DEPARTMENT.18
	616	+	(3) G
	617	+	RANT RECIPIENTS SHALL NOT USE MONEY FROM THE GRANT19
	618	+	PROGRAM FOR APPRENTICE WAGES .20
	619	+	8-15.7-303. Application. (1) A
	620	+	N APPLICANT SHALL SUBMIT AN21
	621	+	APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED22
	622	+	BY THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION . IN23
	623	+	THE APPLICATION, THE APPLICANT SHALL:24
	624	+	(a) D
	625	+	ESCRIBE HOW THE GRANT WILL BE USED TO EXPAND OR25
	626	+	DIVERSIFY REGISTERED APPRENTICESHIP PROGRAMS IN COLORADO; AND26
	627	+	(b) S
	628	+	UBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY27
	629	+	1439
	630	+	-17- THE DEPARTMENT.1
	631	+	(2) A
	632	+	N APPLICANT MUST:2
	633	+	(a) B
	634	+	E A QUALIFIED APPRENTICESHIP INTERMEDIARY ; AND3
	635	+	(b) A
	636	+	PPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN4
	637	+	SELECTED TO RECEIVE FUNDING FROM THE SCALE -UP GRANT PROGRAM5
	638	+	PURSUANT TO SECTION 8-15.7-202.6
	639	+	(3) THE SAA SHALL POST A LIST OF THE TYPES OF ENTITIES7
	640	+	ELIGIBLE TO APPLY TO THE GRANT PROGRAM ON THE SAA'S WEBSITE,8
	641	+	INCLUDING LABOR MANAGEMENT TRAINING PARTNERSHIPS ,9
	642	+	MULTIEMPLOYER APPRENTICESHIP SPONSORS, ECONOMIC DEVELOPMENT10
	643	+	ORGANIZATIONS, APPRENTICESHIP TRAINING COMMITTEES , LOCAL11
	644	+	WORKFORCE BOARDS, LOCAL SCHOOL DISTRICTS OR BOARDS OF12
	645	+	COOPERATIVE SERVICES, INDUSTRY OR TRADE ASSOCIATIONS, NONPROFIT13
	646	+	ORGANIZATIONS, AND COMMUNITY COLLEGES .14
	647	+	8-15.7-304. Report. O
	648	+	N OR BEFORE DECEMBER 31, 2026, THE15
	649	+	DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION16
	650	+	COLLECTED PURSUANT TO SECTION 8-15.7-302 (2)(d) TO THE HOUSE OF17
	651	+	REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE18
	652	+	SENATE BUSINESS, LABOR, AND TECHNOLOGY COMMITTEE , OR THEIR19
	653	+	SUCCESSOR COMMITTEES.20
	654	+	8-15.7-305. Qualified apprenticeship intermediary grant fund21
	655	+	- creation - transfer - gifts, grants, or donations. (1) T
	656	+	HERE IS22
	657	+	CREATED IN THE STATE TREASURY THE QUALIFIED APPRENTICESHIP23
	658	+	INTERMEDIARY GRANT FUND . MONEY IN THE FUND IS CONTINUOUSLY24
	659	+	APPROPRIATED TO THE DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM25
	660	+	AND PAY FOR THE DEPARTMENT 'S DIRECT AND INDIRECT COSTS IN26
	661	+	ADMINISTERING THE GRANT PROGRAM .27
	662	+	1439
	663	+	-18- (2) ON JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO1
	664	+	MILLION DOLLARS FROM THE GENERAL FUND TO THE FUND .2
	665	+	(3) T
	666	+	HE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,3
	667	+	GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE4
	668	+	PURPOSES OF THIS PART 3.5
404	669		(4) T
405		-	HIS SECTION IS REPEALED, EFFECTIVE DECEMBER 31, 2034.
406		-	SECTION 3. In Colorado Revised Statutes, 8-15.7-102, add (1)(s)
407		-	as follows:
408		-	8-15.7-102. State apprenticeship agency - created - director -
409		-	powers and duties - rules - repeal. (1) There is created in the department
410		-	the state apprenticeship agency. The executive director shall appoint a
411		-	director of the SAA. The SAA shall:
412		-	(s) (I) R
413		-	EVIEW APPLICATIONS FOR AND ISSUE INCOME TAX CREDIT
414		-	CERTIFICATES AS SPECIFIED IN SECTION
415		-	39-22-562 AND PROMULGATE RULES
416		-	TO ESTABLISH STANDARDS FOR THE CERTIFICATES
417		-	.
418		-	(II) T
419		-	HIS SUBSECTION (1)(s) IS REPEALED, EFFECTIVE DECEMBER 31,
420		-	2037.
421		-	SECTION 4. In Colorado Revised Statutes, add parts 3 and 4 to
422		-	article 15.7 of title 8 as follows:
423		-	PART 3
424		-	SCALE-UP GRANT PROGRAM
425		-	8-15.7-301. Definitions. A
426		-	S USED IN THIS PART 3:
427		-	(1) "A
428		-	PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A
429		-	GRANT FROM THE SCALE
430		-	-UP GRANT PROGRAM.
431		-	(2) "S
432		-	CALE-UP GRANT FUND" OR "FUND" MEANS THE SCALE-UP
433		-	GRANT FUND CREATED IN SECTION
434		-	8-15.7-305.
435		-	(3) "S
436		-	CALE-UP GRANT PROGRAM" OR "GRANT PROGRAM" MEANS THE
437		-	SCALE
438		-	-UP GRANT PROGRAM CREATED IN SECTION 8-15.7-302.
439		-	PAGE 9-HOUSE BILL 24-1439 8-15.7-302. Scale-up grant program - creation - application
440		-	process - data. (1) O
441		-	N OR BEFORE JANUARY 1, 2025, THE DEPARTMENT
442		-	SHALL ESTABLISH THE SCALE
443		-	-UP GRANT PROGRAM TO ESTABLISH NEW
444		-	REGISTERED APPRENTICESHIP PROGR AMS OR EXPAND EXISTING PROGRAMS
445		-	IN
446		-	COLORADO.
447		-	(2) T
448		-	HE DEPARTMENT SHALL:
449		-	(a) C
450		-	REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS
451		-	GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM
452		-	, WITH THE GOAL
453		-	OF ACCELERATING NEW APPRENTICESHIP PROGRAM GROWTH
454		-	, DIVERSIFYING
455		-	PARTICIPANTS IN APPRENTICESHIP PROGRAMS
456		-	, AND DIVERSIFYING THE
457		-	GEOGRAPHIC DISTRIBUTION OF APPRENTICESHIP PROGRAMS
458		-	, ESPECIALLY IN
459		-	HIGH
460		-	-PRIORITY, HIGH-DEMAND INDUSTRIES, WHILE ENSURING QUALITY
461		-	STANDARDS
462		-	;
463		-	(b) S
464		-	ELECT GRANT RECIPIENTS THAT ARE EMPLOYERS OR SPONSORS
465		-	THAT
466		-	:
467		-	(I) P
468		-	LAN TO DEVELOP AND REGISTER A NEW REGISTERED
469		-	APPRENTICESHIP PROGRAM
470		-	; OR
471		-	(II) CURRENTLY OFFER A REGISTERED APPRENTICESHIP PROGRAM
472		-	AND PLAN TO EXPAND IT
473		-	;
474		-	(c) O
475		-	UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS
476		-	PARTICIPATING IN THE GRANT PROGRAM
477		-	, INCLUDING MAINTAINING
478		-	ACCURATE AND TIMELY DATA IN THE FEDERAL REGISTERED APPRENTICESHIP
479		-	PARTNERS INFORMATION DATABASE SYSTEM
480		-	, OR A SUCCESSOR DATABASE;
481		-	AND
482		-	(d) COLLECT DATA CONCERNING THE GRANT PROGRAM , INCLUDING:
483		-	(I) T
484		-	HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT
485		-	PROGRAM
486		-	;
487		-	(II) T
488		-	HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT
489		-	PROGRAM
490		-	;
491		-	(III) T
492		-	HE WAGES FOR APPRENTICES BENEFITING FROM THE GRANT
493		-	PAGE 10-HOUSE BILL 24-1439 PROGRAM;
494		-	(IV) T
495		-	HE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE
496		-	GRANT RECIPIENTS
497		-	; AND
498		-	(V) ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE
499		-	DEPARTMENT
500		-	.
501		-	8-15.7-303. Applicants. (1) A
502		-	N APPLICANT SHALL SUBMIT AN
503		-	APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED BY
504		-	THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION
505		-	. IN THE
506		-	APPLICATION
507		-	, THE APPLICANT SHALL:
508		-	(a) P
509		-	ROVIDE A DETAILED PROPOSAL AND OPERATIONS PLAN FOR THE
510		-	GROWTH OR DEVELOPMENT OF A REGISTERED APPRENTICESHIP PROGRAM
511		-	;
512		-	AND
513		-	(b) SUBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE
514		-	DEPARTMENT
515		-	.
516		-	(2) A
517		-	PPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN SELECTED
518		-	TO RECEIVE FUNDING FROM THE QUALIFIED APPRENTICESHIP INTERMEDIARY
519		-	GRANT PROGRAM PURSUANT TO SECTION
520		-	8-15.7-402.
521		-	8-15.7-304. Report. O
522		-	N OR BEFORE DECEMBER 31, 2026, THE
523		-	DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION
524		-	COLLECTED PURSUANT TO SECTION
525		-	8-15.7-302 (2)(d) TO THE HOUSE OF
526		-	REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE
527		-	SENATE BUSINESS
528		-	, LABOR, AND TECHNOLOGY COMMITTEE , OR THEIR
529		-	SUCCESSOR COMMITTEES
530		-	.
531		-	8-15.7-305. Scale-up grant fund - creation - gifts, grants, or
532		-	donations - transfer. (1) T
533		-	HERE IS CREATED IN THE STATE TREASURY THE
534		-	SCALE
535		-	-UP GRANT FUND. MONEY IN THE FUND IS ANNUALLY APPROPRIATED
536		-	TO THE DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM AND PAY FOR THE
537		-	DEPARTMENT
538		-	'S DIRECT AND INDIRECT COSTS IN ADMINISTERING THE GRANT
539		-	PROGRAM
540		-	.
541		-	(2) O
542		-	N JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO
543		-	MILLION DOLLARS FROM THE GENERAL FUND TO THE SCALE
544		-	-UP GRANT FUND.
545		-	PAGE 11-HOUSE BILL 24-1439 (3) THE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,
546		-	GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE
547		-	PURPOSES OF THIS PART
548		-	3.
549		-	(4) T
550		-	HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED AND
551		-	UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF STATE
552		-	FISCAL YEAR
553		-	2026-27 TO THE GENERAL FUND.
	670	+	HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED6
	671	+	AND UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF7
	672	+	STATE FISCAL YEAR 2026-27 TO THE GENERAL FUND.8
554	673		8-15.7-306. Repeal of part. T
555		-	HIS PART 3 IS REPEALED, EFFECTIVE
556		-	JULY 1, 2027.
557		-	PART 4
558		-	QUALIFIED APPRENTICESHIP INTERMEDIARY
559		-	GRANT PROGRAM
560		-	8-15.7-401. Definitions. A
561		-	S USED IN THIS PART 4:
562		-	(1) "A
563		-	PPLICANT" MEANS A PERSON THAT APPLIES TO RECEIVE A
564		-	GRANT FROM THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT
565		-	PROGRAM
566		-	.
567		-	(2) "Q
568		-	UALIFIED APPRENTICESHIP INTERMEDIARY " HAS THE SAME
569		-	MEANING AS
570		-	"QUALIFIED INTERMEDIARY " AS SET FORTH IN SECTION
571		-	8-15.7-101 (11).
572		-	(3) "Q
573		-	UALIFIED APPRENTICESHIP INTERMEDIARY GRANT FUND " OR
574		-	"FUND" MEANS THE QUALIFIED APPRENTICESHIP INTERMEDIARY GRANT FUND
575		-	CREATED IN SECTION
576		-	8-15.7-405.
577		-	(4) "Q
578		-	UALIFIED APPRENTICESHIP INTERMEDIARY GRANT PROGRAM "
579		-	OR "GRANT PROGRAM " MEANS THE QUALIFIED APPRENTICESHIP
580		-	INTERMEDIARY GRANT PROGRAM CREATED IN SECTION
581		-	8-15.7-402.
582		-	8-15.7-402. Qualified apprenticeship intermediary grant
583		-	program - creation - application process - data. (1) O
584		-	N OR BEFORE
585		-	JANUARY 1, 2025, THE DEPARTMENT SHALL ESTABLISH THE QUALIFIED
586		-	APPRENTICESHIP INTERMEDIARY GRANT PROGRAM TO SUPPORT ENTITIES
587		-	THAT DEMONSTRATE EXPERTISE IN CONNECTING EMPLOYERS OR
588		-	APPRENTICESHIP PROGRAM PARTICIPANT S TO REGISTERED APPRENTICESHIP
589		-	PROGRAMS OR IN CONVENING STAKEHOLDERS TO DEVELOP REGISTERED
590		-	PAGE 12-HOUSE BILL 24-1439 APPRENTICESHIP PROGRAMS.
591		-	(2) T
592		-	HE DEPARTMENT SHALL:
593		-	(a) C
594		-	REATE AN APPLICATION PROCESS THROUGH WHICH IT SELECTS
595		-	GRANT RECIPIENTS TO PARTICIPATE IN THE GRANT PROGRAM
596		-	, WITH THE GOAL
597		-	OF EXPANDING APPRENTICESHIP PROGRAMS
598		-	, DIVERSIFYING PARTICIPANTS IN
599		-	APPRENTICESHIP PROGRAMS
600		-	, AND DIVERSIFYING GEOGRAPHIC DISTRIBUTION
601		-	OF APPRENTICESHIP PROGRAMS
602		-	, ESPECIALLY IN HIGH -PRIORITY,
603		-	HIGH-DEMAND INDUSTRIES, WHILE ENSURING QUALITY STANDARDS ;
604		-	(b) S
605		-	ELECT AND PRIORITIZE GRANT PROGRAM RECIPIENTS BASED ON :
606		-	(I) A
607		-	N APPLICANT'S RECORD OF SUCCESS IN SUPPORTING JOB
608		-	SEEKERS
609		-	, APPRENTICES, EMPLOYERS, AND SPONSORS;
610		-	(II) T
611		-	HE REGIONAL DIVERSITY OF THE AREAS SERVED BY AN
612		-	APPLICANT
613		-	;
614		-	(III) T
615		-	HE DIVERSITY OF POPULATIONS SERVED BY AN APPLICANT ; AND
616		-	(IV) HOW THE REGISTERED APPRENTICESHIP PROGRAMS SERVED BY
617		-	THE APPLICANT MEET TALENT NEEDS IN HIGH
618		-	-PRIORITY, HIGH-DEMAND
619		-	INDUSTRIES
620		-	;
621		-	(c) O
622		-	UTLINE PERFORMANCE EXPECTATIONS FOR GRANT RECIPIENTS
623		-	PARTICIPATING IN THE GRANT PROGRAM
624		-	; AND
625		-	(d) COLLECT DATA CONCERNING THE GRANT PROGRAM THAT
626		-	INCLUDES
627		-	:
628		-	(I) T
629		-	HE NUMBER OF EMPLOYERS BENEFITING FROM THE GRANT
630		-	PROGRAM
631		-	;
632		-	(II) T
633		-	HE NUMBER OF APPRENTICES BENEFITING FROM THE GRANT
634		-	PROGRAM
635		-	;
636		-	(III) T
637		-	HE DEMOGRAPHICS OF THE APPRENTICES SERVED BY THE
638		-	GRANT RECIPIENTS
639		-	;
640		-	PAGE 13-HOUSE BILL 24-1439 (IV) A DESCRIPTION OF THE SERVICES PROVIDED BY THE GRANT
641		-	RECIPIENT
642		-	;
643		-	(V) T
644		-	HE NAMES OF THE REGISTERED APPRENTICESHIP PROGRAMS
645		-	AND OCCUPATIONS IMPACTED BY THE SERVICES PROVIDED BY THE GRANT
646		-	RECIPIENT
647		-	; AND
648		-	(VI) ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE
649		-	DEPARTMENT
650		-	.
651		-	(3) G
652		-	RANT RECIPIENTS SHALL NOT USE MONEY FROM THE GRANT
653		-	PROGRAM FOR APPRENTICE WAGES
654		-	.
655		-	8-15.7-403. Application. (1) A
656		-	N APPLICANT SHALL SUBMIT AN
657		-	APPLICATION TO THE DEPARTMENT IN A FORM AND MANNER ESTABLISHED BY
658		-	THE DEPARTMENT THAT IS DESIGNED TO MAXIMIZE PARTICIPATION
659		-	. IN THE
660		-	APPLICATION
661		-	, THE APPLICANT SHALL:
662		-	(a) D
663		-	ESCRIBE HOW THE GRANT WILL BE USED TO EXPAND OR
664		-	DIVERSIFY REGISTERED APPRENTICESHIP PROGRAMS IN
665		-	COLORADO; AND
666		-	(b) SUBMIT ANY OTHER INFORMATION DEEMED APPROPRIATE BY THE
667		-	DEPARTMENT
668		-	.
669		-	(2) A
670		-	N APPLICANT MUST:
671		-	(a) B
672		-	E A QUALIFIED APPRENTICESHIP INTERMEDIARY ; AND
673		-	(b) APPLICANTS MUST NOT HAVE RECEIVED OR HAVE BEEN SELECTED
674		-	TO RECEIVE FUNDING FROM THE SCALE
675		-	-UP GRANT PROGRAM PURSUANT TO
676		-	SECTION
677		-	8-15.7-302.
678		-	(3) T
679		-	HE SAA SHALL POST A LIST OF THE TYPES OF ENTITIES ELIGIBLE
680		-	TO APPLY TO THE GRANT PROGRAM ON THE
681		-	SAA'S WEBSITE, INCLUDING
682		-	LABOR MANAGEMENT TRAINING PARTNERSHIPS
683		-	, MULTIEMPLOYER
684		-	APPRENTICESHIP SPONSORS
685		-	, ECONOMIC DEVELOPMENT ORGANIZATIONS ,
686		-	APPRENTICESHIP TRAINING COMMITTEES , LOCAL WORKFORCE BOARDS ,
687		-	LOCAL SCHOOL DISTRICTS OR BOARDS OF COOPERATIVE SERVICES , INDUSTRY
688		-	OR TRADE ASSOCIATIONS
689		-	, NONPROFIT ORGANIZATIONS, AND COMMUNITY
690		-	COLLEGES
691		-	.
692		-	PAGE 14-HOUSE BILL 24-1439 8-15.7-404. Report. O N OR BEFORE DECEMBER 31, 2026, THE
693		-	DEPARTMENT SHALL SUBMIT A REPORT COMPILING THE INFORMATION
694		-	COLLECTED PURSUANT TO SECTION
695		-	8-15.7-402 (2)(d) TO THE HOUSE OF
696		-	REPRESENTATIVES BUSINESS AFFAIRS AND LABOR COMMITTEE AND THE
697		-	SENATE BUSINESS
698		-	, LABOR, AND TECHNOLOGY COMMITTEE , OR THEIR
699		-	SUCCESSOR COMMITTEES
700		-	.
701		-	8-15.7-405. Qualified apprenticeship intermediary grant fund
702		-	- creation - transfer - gifts, grants, or donations. (1) T
703		-	HERE IS CREATED
704		-	IN THE STATE TREASURY THE QUALIFIED APPRENTICESHIP INTERMEDIARY
705		-	GRANT FUND
706		-	. MONEY IN THE FUND IS CONTINUOUSLY APPROPRIATED TO THE
707		-	DEPARTMENT TO IMPLEMENT THE GRANT PROGRAM AND PAY FOR THE
708		-	DEPARTMENT
709		-	'S DIRECT AND INDIRECT COSTS IN ADMINISTERING THE GRANT
710		-	PROGRAM
711		-	.
712		-	(2) O
713		-	N JULY 1, 2024, THE STATE TREASURER SHALL TRANSFER TWO
714		-	MILLION DOLLARS FROM THE GENERAL FUND TO THE FUND
715		-	.
716		-	(3) T
717		-	HE DEPARTMENT MAY SEEK , ACCEPT, AND EXPEND GIFTS,
718		-	GRANTS, AND DONATIONS FROM PRIVATE OR PUBLIC SOURCES FOR THE
719		-	PURPOSES OF THIS PART
720		-	4.
721		-	(4) T
722		-	HE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED AND
723		-	UNENCUMBERED MONEY REMAINING IN THE FUND AT THE END OF STATE
724		-	FISCAL YEAR
725		-	2026-27 TO THE GENERAL FUND.
726		-	8-15.7-406. Repeal of part. T
727		-	HIS PART 4 IS REPEALED, EFFECTIVE
728		-	JULY 1, 2027.
729		-	SECTION 5. Appropriation. (1) For the 2024-25 state fiscal year,
730		-	$103,515 is appropriated to the department of labor and employment for use
731		-	by the office of future of work. This appropriation is from the general fund
732		-	and is based on an assumption that the office will require an additional 0.8
733		-	FTE. To implement this act, the office may use this appropriation for
734		-	program costs.
735		-	(2) For the 2024-25 state fiscal year, $1,333,333 is appropriated to
736		-	the department of labor and employment for use by the office of future of
737		-	work. Of this appropriation, $666,666 is from the scale-up grant fund
738		-	created in section 8-15.7-305 (1), C.R.S., and $666,667 is from the qualified
739		-	PAGE 15-HOUSE BILL 24-1439 apprenticeship intermediary grant fund created in section 8-15.7-405 (1),
740		-	C.R.S., and is based on an assumption that the office will require an
741		-	additional 2.5 FTE. To implement this act, the office may use this
742		-	appropriation for program costs.
743		-	SECTION 6. Safety clause. The general assembly finds,
744		-	determines, and declares that this act is necessary for the immediate
745		-	preservation of the public peace, health, or safety or for appropriations for
746		-	PAGE 16-HOUSE BILL 24-1439 the support and maintenance of the departments of the state and state
747		-	institutions.
748		-	____________________________ ____________________________
749		-	Julie McCluskie Steve Fenberg
750		-	SPEAKER OF THE HOUSE PRESIDENT OF
751		-	OF REPRESENTATIVES THE SENATE
752		-	____________________________ ____________________________
753		-	Robin Jones Cindi L. Markwell
754		-	CHIEF CLERK OF THE HOUSE SECRETARY OF
755		-	OF REPRESENTATIVES THE SENATE
756		-	APPROVED________________________________________
757		-	(Date and Time)
758		-	_________________________________________
759		-	Jared S. Polis
760		-	GOVERNOR OF THE STATE OF COLORADO
761		-	PAGE 17-HOUSE BILL 24-1439
	674	+	HIS PART 3 IS REPEALED, EFFECTIVE9
	675	+	J
	676	+	ULY 1, 2027.10
	677	+	SECTION 5. Appropriation. (1) For the 2024-25 state fiscal11
	678	+	year, $103,515 is appropriated to the department of labor and employment12
	679	+	for use by the office of future of work. This appropriation is from the13
	680	+	general fund and is based on an assumption that the office will require an14
	681	+	additional 0.8 FTE. To implement this act, the office may use this15
	682	+	appropriation for program costs.16
	683	+	(2) For the 2024-25 state fiscal year, $1,333,333 is appropriated17
	684	+	to the department of labor and employment for use by the office of future18
	685	+	of work. Of this appropriation, $666,666 is from the scale-up grant fund19
	686	+	created in section 8-15.7-205 (1), C.R.S., and $666,667 is from the20
	687	+	qualified apprenticeship intermediary grant fund created in section21
	688	+	8-15.7-305 (1), C.R.S, and is based on an assumption that the office will22
	689	+	require an additional 2.5 FTE. To implement this act, the office may use23
	690	+	this appropriation for program costs.24
	691	+	SECTION 6. Safety clause. The general assembly finds,25
	692	+	determines, and declares that this act is necessary for the immediate26
	693	+	preservation of the public peace, health, or safety or for appropriations for27
	694	+	1439
	695	+	-19- the support and maintenance of the departments of the state and state1
	696	+	institutions.2
	697	+	1439
	698	+	-20-