Feb 14, 2012 7:47 PM by Matt Stafford
DENVER (AP) - Senate Democrats approved legislation to provide bidding preferences to companies that employ mostly Colorado workers despite strong opposition from business groups.
Democrats say the bill is meant to bring more jobs to the state by providing an incentive for companies to hire Colorado workers. But businesses told lawmakers that it will create regulatory burdens and potentially increase costs because companies with lower-priced bids could lose.
The bill got its first approval Tuesday with Republicans voting no. The GOP-controlled House is likely to kill the proposal if it gets there.
The proposal is one that Senate Democrats have heralded as one of the main features of their agenda to spur job growth this session. Similar legislation sponsored by Democrats failed in the previous session.