My Fellow Coloradans,
We are faced with an unprecedented global health crisis and a challenging economic landscape. I hope you and your families are safe and are maintaining a positive outlook as much as possible.
In the Colorado Department of the Treasury we have quickly adapted to the new realities of the market and daily operations. The investment team does not invest state dollars in the stock market and the state's dollars remain safe. We are working diligently to maintain our daily operations, including safely investing state dollars, administering programs like the Senior and Veteran Property Tax Deferrals and returning unclaimed property.
If you are looking for some extra cash you may have some waiting for you in the Great Colorado Payback. Our unclaimed property continues to process claims on a daily basis - check yours at colorado.findyourunclaimedproperty.com.
When Governor Polis declared a state of emergency, I joined several groups devoted to ensuring stability in the state’s economy. I have joined the Governor’s Emergency Council for Economic Stabilization and Growth Council (GECESG) and worked with the Financial Services and Workforce and Educations subcommittees over the course of several months. As a result of this work, I now chair the CLIMBER Small Business Loan Fund. You can learn more about this fund here.
Please continue to check here for regularly updated information regarding Treasury operations, financial resources, and relevant information.
As always, please reach out if you have any questions.
The COVID-19 crisis has affected many businesses and individuals.
If you are looking for loans, grants, unemployment information, and other resources you will find some helpful information below. This list will be updated regularly.
Resources for small businesses:
CLIMBER Loan Fund Program - Colorado small business loans. Find more information here.
The Federal Government recently passed the CARES Act. This multi-trillion dollar bill included the "Payroll Protection Program," a loan program that businesses can utilize in order to continue to pay their employees. Read more on the Payroll Protection Program Fact Sheet for Small Business Loans.
CO Office of Economic Development and International Trade has some good resources for businesses.
Resources for employees:
- If you were laid off due to COVID-19, you are most likely eligible to receive Unemployment Insurance.
- The Federal and State Government have relaxed some late payment penalties and pushed the deadlines for some tax payments. You can find more information here: IRS Coronavirus Policies.
- The CARES Act includes one-time payments called "Economic Impact Payments" to individuals or couples filing jointly. If you didn't file taxes in 2018 or 2019 you can enter your contact information here so you can receive your payment. If you did file taxes you can track the status of your payment here. IRS Stimulus Checks.
Resources for local governments:
- The CARES Act includes payments to eligible states, local municipalities, and eligible units of local government. You can find more information here.