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COBRT - Your Pro-Business Advocate - Weekly News - September 19, 2019

Thank you to everyone who supported and attended the View From the Top event this past Monday. We appreciate of all your support. We are very thankful to our panelists Audrey Robertson, Phil Kalin and Adam Contos. We would also like to thank our partner and sponsors Denver Business Journal, Coan, Payton & Payne, Boeing, FirstBank, CAP Logistics, Colorado PERA and Canadian Consulate. We could have not done it without you. 
Thank You to our Newest Partners! 

Colorado Business Roundtable is honored to have two new partners American Council of Engineering Companies of Colorado and AAA Colorado. Thank you for your support and we look forward to collaborating with you. 


The new United States-Mexico-Canada Agreement is the largest trade-deal in American history and is a big win for companies, farmers, shippers and workers throughout the country. This trade agreement directly attacks the colossal $81.5 billion trade-deficit in goods this United States has with Mexico, and the $19.7 billion trade deficit in goods with Canada. While many Americans are unaware of the specifics of the deal, the details - and their implications for American companies - are stunning. USMCA eliminates many practices and trade barriers that have long hindered U.S. companies' across to the Mexican and Canadian markets. 

Denver leaders plan on proposing a citywide minimum wage increase to $15 by 2021. Mayor Michael Hancock and Councilwoman Robin Kniech said in a release Wednesday that they will be making a minimum wage announcement Thursday. Spokeswoman Theresa Marchetta confirmed that the proposal is for approximately $15 a hour by 2021, though the final number could be more or less. She added there will be incremental changes in the wage up to that point. 

An ongoing effort to develop a public-option health-insurance plan for Colorado could imperil thousands of jobs in the health-care industry or take hundreds of millions of dollars out of the state's economy if it relies on capping reimbursements for providers in a significant way, according to a study released. 




Thank you OEDIT for the roundtable on your newest initiative Location Neutral Employment Program. You can find more information about the program here.
In a letter to congressional leaders on Tuesday, 51 Business Roundtable CEOs called for passage of a national data privacy law to protect U.S. consumers and encourage innovation and economic growth. "We urgently need a comprehensive federal consumer data privacy law to strengthen consumer trust and establish a stable policy environment where new services and technologies can flourish within a well-understood legal and regulatory framework," states the letter, signed by CEOs representing key sectors of the economy. The letter reaffirms the principles Business Roundtable detailed in itsFramework for Consumer Privacy Legislation.

NASA will test a Boulder company's in-orbit navigation technology using a small satellite experiment meant to help return U.S. astronauts to the moon in 2024. Advanced Space won a $13.7 million NASA contract to develop a satellite the size of small microwave oven that will be used to try out the company's automated spacecraft positioning software. The satellite also will test the unusual, highly elliptical orbit in which NASA plans to place a lunar outpost where spacecraft will dock before astronauts descend to the moon. 



Colorado Business Roundtable was excited to attend AT&T's Believe Denver event on Tuesday. Thank you AT&T for hosting a great event. 
JPMorgan Chase invested $630,000 to three Colorado nonprofit organizations that are supporting Denver's undeserved entrepreneurs and small business community. The investment was part of this week's Denver Startup Week, of which JP Morgan Chase is a title sponsor. 

After spending the past two years working on a soon-to-launch state portal for e-commerce businesses to determine the amount of taxes they owe based upon shipping addresses and remit those payments to the state, a committee designed to simplify Colorado's byzantine sales-tax system is hoping to expand its efforts in the coming years to focus on a wider range of problems. 

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