$700M stimulus package announced

Gov. Jared Polis, surrounded by legislative leaders from both parties, announced a $700 million stimulus package designed to help small business, agriculture and families recover from the economic effects of the pandemic and boost workforce development.

The governor announced the package on March 11, moments after the U.S. House completed work on a $1.9 trillion COVID relief package. President Joe Biden signed the bill on Friday.

The Colorado Recovery Plan is a series of bills that will be introduced in the coming weeks, investing in roads, schools, workers and businesses. While Polis announced the package on March 11, it will take advantage of legislation already in the works.

For example, a bill by Rep. Richard Holtorf, R-Akron, would provide $1 million to $3 million for professional training, small business loans and other support for formerly incarcerated individuals. That is in House Bill 1215, which Holtorf introduced on March 5.

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