Business Growth

Senator Renfroe believes that the best way to guarantee prosperity for Colorado is by cutting the taxes and regulations that slow business down. He supports free-market policies and hopes to pass the Right to Work Act in Colorado.

sponsor, SB 09-137: Enforce the Payment of Debts for Contractors
sponsor, SB 07-201: Workers' Compensation Act of Colorado



Senator Renfroe Asks Government To Give Business Same Protections It Gives Itself

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Colorado Senate News

Today on the Senate floor, Senator Scott Renfroe, R-Greeley, asked the General Assembly to give business the same protections the government has given itself in regards to unfunded mandates. The Senate approved an amendment to Senate Bill 11-055 to protect local governments from being forced to pay for additional costs if the General Assembly cannot allocate money for the program.

Senator Renfroe encouraged this amendment to be added to every bill the General Assembly passes this session. “We shouldn’t be passing legislation at the Capitol that poses unfunded mandates on local governments,” said Renfroe. “But let’s not pick and choose which bills we do this to, and instead, adhere to this policy.”

Renfroe was referring to an amendment that stated “The General Assembly recognizes the need in this challenging economic time to not burden other levels of government with additional requirements without providing the funding to meet those requirements.”

Immediately after, Senate Bill 11-015 was presented which added additional requirements on insurance companies with no regard to the financial impact it would have on the industry.

Arguing against this bill, Renfroe stated, “Look at us now requiring a burden on business.” He went on to say, “Why don’t we stick to what we passed on the last bill and extend it to the private sector.”

Senator Renfroe then proposed a Committee of the Whole amendment that protects the private sector companies from paying additional costs due to Senate Bill 11-015.

Renfroe’s remarks on the Senate floor are available here.

 

Dems push through bill favored by trial lawyers, rebuff bid to level playing field

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Colorado Senate News
4 February 2008

A measure that has been dubbed the “Leave No Trial Lawyer Behind” bill passed the Senate this morning with majority Democrat support--over objections it would stoke litigation at the expense of business.

House Bill 1020, sponsored by Democrats Alice Madden in the House and Jennifer Veiga in the Senate, would make sweeping changes to the litigation system in Colorado to favor plaintiffs in lawsuits. While some legal observers say the bill upends a level playing field, the Colorado Trial Lawyers Association lobbied for the bill and testified in support of it in committee. 

In an attempt to level the playing field once more, Sen. Josh Penry, R-Grand Junction, offered an amendment to give defendants a chance to provide a more accurate settlement offer by requiring of plaintiffs a full accounting of the costs they incurred.  However, the amendment failed when the majority Democrats voted it down.

“Why are we skewing the system on behalf of the plaintiffs?” said Penry. “My amendment would have balanced the legal system by giving defendants the information necessary to make a reasonable settlement offer. What are plaintiff lawyers trying to hide?”

Under the current system, plaintiffs who reject a reasonable settlement offer must pay the costs defendants accrued after an offer was made.  The aim of the current law is to encourage litigants to settle their lawsuit before the case goes to trial. 

The pending legislation would allow plaintiffs to recover their costs when they win even if the injury was negligible and judgment was for $1.

Business groups opposed the bill, saying it discourages plaintiffs from settling cases.  The Colorado Association of Commerce and Industry, the Colorado Civil Justice League, the Northern Colorado Legislative Alliance, which represents the Fort Collins, Greeley, and Loveland chambers of commerce, and the National Federation of Independent Businesses all have opposed the legislation. 

Given that Colorado legal climate for businesses declined from No. 8 among the states in 2006 to No. 21 in 2007--according to a study by the U.S. Chamber of Commerce --Republicans are saying the bill would have a chilling effect on businesses currently in Colorado and businesses that want to move here.

“I can’t understand why Democrats are willing to sacrifice businesses that create job growth in favor of trial lawyers,” said Republican Sen. Scott Renfroe of Eaton who sits on the Senate Judiciary Committee.

Republicans say Democrats are fast-tracking HB 1020 for the governor’s signature.  It may be scheduled for a final vote this week.

 

 

 



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