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The HIRE Act (S.A. 3310) - Strengthening Colorado Businesses and Creating Jobs

Posted: Friday, March 19, 2010

I supported the HIRE Act, which President Obama signed into law on March 18. The bill, which passed the Senate 68-29, with strong bipartisan support, will spur job growth and strengthen the private sector by encouraging businesses to hire new workers and invest in their companies and communities. The HIRE Act provides tax incentives for businesses to hire unemployed workers, encourages small businesses to invest in their future by permitting them to write off up to $250,000 in new equipment investments, jumpstarts highway infrastructure projects, and frees up investment capital for cities and states to create jobs and improve their communities with further infrastructure projects. These measures will grow our economy, strengthen Colorado businesses and create jobs for hardworking Coloradans.

If you have further questions about this or any other issue, please contact me with your concerns.

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