Bill > SB052

This bill establishes a hiring preference for "coal transition workers," defined as individuals who work or have worked in Colorado's coal transition facilities or their supply chains, within "coal transition communities," which are municipalities, counties, or regions where such facilities were or are located. Starting January 1, 2027, "covered businesses" – entities in these communities involved in constructing or operating railroads, utilities, energy generation facilities, or advanced manufacturing facilities (excluding government entities) – must give preference to "qualified coal transition workers," meaning those who meet the job's requirements. This preference applies unless no qualified worker applies, all offered positions are declined, or a qualified worker's qualifications are not as strong as other candidates. Covered businesses are required to consult with the Just Transition Office and relevant organizations to identify these workers and report annually on hiring efforts. Additionally, the bill expands the allowable ways public entities can deposit or invest "just transition money," which refers to funds received to offset the socioeconomic impacts of coal mine or power plant closures, allowing these funds and their earnings to be invested in any manner permitted by the entity's investment policy, regardless of other laws.

Agriculture and Natural Resources

https://leg.colorado.gov/bills/SB26-052