Worst Colorado Bills for Employers

Kim and Producer Steve begin with a discussion on reassessment notices on home values hitting mail boxes and the hidden tax increase in the notices.  The Salon Series is back with a webinar on May 20^th at 6pm for a Candid COVID Conversation.  Dr. Jill Vecchio, Matt Durkin, Priscilla Rahn and Sue Kenfield will be panelists as Kim and Lakewood Councilwoman Ramey Johnson serve as moderators.  HB21-1162

Management Of Plastic Products calls for the ban on plastic bags and styro-foam containers.  North Carolina looks to implement their own Taxpayer’s Bill of Rights (TABOR).  It is met with dishonest claims regarding Colorado’s TABOR history.

Jason McBride, Senior Vice President with Presidential Wealth Management, talks about the advantages to perform an annuity analysis for your financial portfolio.  Many people believe that annuities are complex and leave them out of financial strategies.  Jason highly recommends a no-cost meeting with him to schedule an annuity review of your annuity.  Give Jason a call at 303-694-1600.

Guest Roger Hays, CEO/Founder of Premier Employer Services (premieremployerservices.com/), a consulting, compliance, payroll service and other HR functions for businesses, dissects what he considers the three worst state bills for employers.  First on his list is HB21-1232 Standardized Health Benefit Plan Colorado Option.  Costs will go up for healthcare.  The Insurance Commissioner, an appointment by the governor, will be able to “dictate” policy with immense power and control.   Second on the list is SB21-176 Protecting Opportunities and Workers’ Rights Act.  This bill includes many different ways to define harassment which does not have to be pervasive but only a one off.  Costs to an employer can easily start between $40,000-$50,000 for defense.  Legislators are attacking small businesses that have been crippled the most due to COVID-19.  Roger finishes with SB21-197 Workers’ Compensation Physician, a bill that will allow an injured worker to select their own doctor and can change at any time.  Colorado has a great worker compensation system and this will allow employees to “shop” for a doctor.  Unfortunately, many state legislators believe business owners are rich, greedy and evil instead of job creators, service and merchandise providers and individuals who care about their employees and their customers.