Colorado § 8-13.3-502 Purposes and findings

Colorado Statutes

§ 8-13.3-502 — Purposes and findings

Colorado § 8-13.3-502

Title 08Labor and

Art.Family and Medical Leave

This text of Colorado § 8-13.3-502 (Purposes and findings) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 8-13.3-502 (2026).

Text

The people of the state of Colorado hereby find and declare that:

(1)Workers in Colorado experience a variety of personal and family caregiving obligations, but it can be difficult or impossible to adequately respond to those needs without access to paid leave.

(2)Access to paid family and medical leave insurance helps employers in Colorado by reducing turnover, recruiting workers, and promoting a healthy business climate, while also ensuring that smaller employers can compete with larger employers by providing paid leave benefits to their workers through an affordable insurance program.

(3)Paid family and medical leave insurance will also provide a necessary safety net for all Colorado workers when they have personal or family caregiving needs, including low-income workers

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The people of the state of Colorado
hereby find and declare that:

(1) Workers in Colorado experience a variety of personal and family
caregiving obligations, but it can be difficult or impossible to adequately respond to
those needs without access to paid leave.

(2) Access to paid family and medical leave insurance helps employers in
Colorado by reducing turnover, recruiting workers, and promoting a healthy
business climate, while also ensuring that smaller employers can compete with
larger employers by providing paid leave benefits to their workers through an
affordable insurance program.

(3) Paid family and medical leave insurance will also provide a necessary
safety net for all Colorado workers when they have personal or family caregiving
needs, including low-income workers living paycheck to paycheck who are
disproportionately more likely to lack access to paid leave and least able to afford
unpaid leave.

(4) Due to the need to provide paid time off to Colorado workers to address
family and medical needs, such as the arrival of a new child, military family needs,
and a personal or a family member's serious health condition, including the effects
of domestic violence and sexual assault, it is necessary to create a statewide paid
family and medical leave insurance enterprise and to authorize the enterprise to:

(a) Collect insurance premiums from employers and employees at rates
reasonably calculated to defray the costs of providing the program's leave benefits
to workers; and

(b) Receive and expend revenues generated by the premiums and other
moneys, issue revenue bonds and other obligations, expend revenues generated by
the premiums to pay family and medical leave insurance benefits and associated
administrative and program costs, and exercise other powers necessary and
appropriate to carry out its purposes.

(5) The fiscal approach of this part 5 has been informed by the experience of
other state family and medical leave insurance programs, modeling based on the
Colorado workforce, and input from a variety of stakeholders in Colorado.

(6) The creation of a statewide paid family and medical leave insurance
enterprise is in the public interest and will promote the health, safety, and welfare
of all Coloradans, while also encouraging an entrepreneurial atmosphere and
economic growth.