HOUSE FINANCE COMMITTEE members need to hear your thoughts about how to handle TANF Reserve funds. Please contact any or all of them and let them know when money is to be reserved or when it is supposed to be spent. If you can join us next week, following are the details:
Bill SB11-124 - HODGE / GEROU Transfers Of County TANF Reserves
Wednesday, April 6 2011 Finance
1:30 p.m. Room LSB-A (1) in house calendar.
House Committee Members: Representative DelGrosso, Chairman; Representative Swerdfeger, Vice-Chairman; Acree, Beezley, Conti, Duran, Hullinghorst, Joshi, Kagan, Kefalas, Labuda, Pabon, Swalm
Wednesday, March 30, 2011
Wednesday, March 23, 2011
Free webinar-Supplemental Poverty Measure
You are invited to a groundbreaking event on measuring poverty reduction sponsored by the Center for American Progress. In partnership with the Half in Ten Campaign, the Network is hosting an event addressing the impact of the new Supplemental Poverty Measure (SPM) and how to measure the effectiveness of poverty reduction programs.
Representative McDermott (D-WA) will open the program with a keynote address and the following discussion will focus on how we can work together to develop shared anti-poverty goals that are inclusive of the most vulnerable sectors of society.
View a live webstreaming of the event by clicking here Tuesday, March 29, 2011 at 8:00 am MST.
Representative McDermott (D-WA) will open the program with a keynote address and the following discussion will focus on how we can work together to develop shared anti-poverty goals that are inclusive of the most vulnerable sectors of society.
View a live webstreaming of the event by clicking here Tuesday, March 29, 2011 at 8:00 am MST.
Tuesday, March 8, 2011
Counties bear witness to Recession
Colorado counties, after living with years of historic funding reserves from the Temporary Aid to Needy Families (TANF) block grant, face increasing challenges from an unprecedented number of families seeking financial relief. In Fremont County this may mean the end of the program's community services and in Pitkin County it may mean an ask from taxpayers. Where do you side?
More on Fremont County “TANF” Community Grant Funds Cut
and from Aspen.
More on Fremont County “TANF” Community Grant Funds Cut
and from Aspen.
Monday, February 21, 2011
The Cliff Effect Webinar-Wednesday, February 23
Co-hosted by Housing Colorado and The Network
10:00 am-11:00 am Mountain Standard Time
The Cliff Effect occurs when low-income families in Colorado lose "work support" benefits (earned income tax credits, child care assistance, etc) as their earnings increase above benefit thresholds but before they've achieved self-sufficiency.
This paradox creates a disincentive for families to earn more, diminishes their economic security and creates a cycle of dependency on support benefits. Learn about the research and policy recommendations from the Colorado Women's Foundation and the Colorado Center on Law and Policy for improving family self-sufficiency in the state.
Jody Camp, Director of Programs, Colorado Women's Foundation
Tracey Stewart, Family Economic Security Program Manager, Colorado Center on Law and Policy
Reserve your Webinar seat here.
10:00 am-11:00 am Mountain Standard Time
The Cliff Effect occurs when low-income families in Colorado lose "work support" benefits (earned income tax credits, child care assistance, etc) as their earnings increase above benefit thresholds but before they've achieved self-sufficiency.
This paradox creates a disincentive for families to earn more, diminishes their economic security and creates a cycle of dependency on support benefits. Learn about the research and policy recommendations from the Colorado Women's Foundation and the Colorado Center on Law and Policy for improving family self-sufficiency in the state.
Jody Camp, Director of Programs, Colorado Women's Foundation
Tracey Stewart, Family Economic Security Program Manager, Colorado Center on Law and Policy
Reserve your Webinar seat here.
Sunday, January 23, 2011
Legislation 2011-Removing Barriers and Building Opportunity
We can spend time, money and energy creating new barriers for Colorado's struggling families or we can find ways to encourage movement towards economic security. From task force member Representative Kagan comes a bill to remove barriers.
BILL HB11-1127
Short Title: Fair Use Of Consumer Credit Information
Sponsors: KAGAN / CARROLL
The bill specifies the purposes for which consumer credit information (i.e., consumer credit reports and credit scores) can be used in certain situations. Section 1 of the bill restricts an employer's use of consumer credit information for employment purposes and requires an employer to disclose to an employee or applicant for employment when the employer uses the employee's or applicant's consumer credit information to take adverse action against the employee or applicant and the particular credit information upon which the employer relied. Section 2 amends the current law regarding the permissible use of credit information by an insurer offering personal lines of property and casualty insurance (insurer) as follows:
* Makes the filing of actuarial justification mandatory for insurers that use insurance scores to underwrite and rate risk; and
* Clarifies that "adverse action", with regard to insurance, includes denying a consumer a discount or placing a consumer in a higher tier. Section 3 removes a separate statutory section pertaining to the use of credit information in automobile underwriting or rating, and instead requires automobile insurers to comply with the same provisions governing use of credit information as property and casualty insurers. Current law requires a consumer reporting agency (agency) to notify a consumer when the agency receives information that would add negative information to the consumer's file. Section 4 adds to the notification requirement consumers who are cosigners to a debt. Section 5 allows landlords to use consumer credit information of a potential tenant (applicant) only to evaluate the applicant's payment history for prior tenancies. When an applicant's consumer credit information adversely impacts the landlord's decision, section 4 also requires landlords to disclose this fact to the applicant.
Status
01/21/2011 Introduced In House - Assigned to State, Veterans, & Military Affairs
BILL HB11-1127
Short Title: Fair Use Of Consumer Credit Information
Sponsors: KAGAN / CARROLL
The bill specifies the purposes for which consumer credit information (i.e., consumer credit reports and credit scores) can be used in certain situations. Section 1 of the bill restricts an employer's use of consumer credit information for employment purposes and requires an employer to disclose to an employee or applicant for employment when the employer uses the employee's or applicant's consumer credit information to take adverse action against the employee or applicant and the particular credit information upon which the employer relied. Section 2 amends the current law regarding the permissible use of credit information by an insurer offering personal lines of property and casualty insurance (insurer) as follows:
* Makes the filing of actuarial justification mandatory for insurers that use insurance scores to underwrite and rate risk; and
* Clarifies that "adverse action", with regard to insurance, includes denying a consumer a discount or placing a consumer in a higher tier. Section 3 removes a separate statutory section pertaining to the use of credit information in automobile underwriting or rating, and instead requires automobile insurers to comply with the same provisions governing use of credit information as property and casualty insurers. Current law requires a consumer reporting agency (agency) to notify a consumer when the agency receives information that would add negative information to the consumer's file. Section 4 adds to the notification requirement consumers who are cosigners to a debt. Section 5 allows landlords to use consumer credit information of a potential tenant (applicant) only to evaluate the applicant's payment history for prior tenancies. When an applicant's consumer credit information adversely impacts the landlord's decision, section 4 also requires landlords to disclose this fact to the applicant.
Status
01/21/2011 Introduced In House - Assigned to State, Veterans, & Military Affairs
Friday, January 7, 2011
Join us today for a live chat from the meeting of the Economic Opportunity and Poverty Reduction Task Force
Colorado Center on Law and Policy volunteer Andy Cohen will provide moment-by-moment updates throughout the meeting. To ask a question or make a comment to the group, type it into the chat window. Andy will relay the information and any response. The meeting is scheduled for 2 to 4 p.m.
Wednesday, January 5, 2011
Congress fails to approve critical support for seniors
Seniors across Colorado are facing greater hardship this year because Congress failed to approve a $250 one-time payment or a cost-of-living increase for Social Security beneficiaries. For many seniors, that means a loss of medication, a loss of food, a utility bill that can’t be paid and other erosion of economic security.
When President Franklin Roosevelt signed the measure creating Social Security 75 years ago, he promised the government would offer “some measure of protection to the average citizen and to his family against … poverty-stricken old age.” However in 2011 will be the second year in a row during which Social Security recipients will receive no increase in benefits to accommodate the rising cost of living. Congress also considered, and rejected, a one-time $250 payment to help cushion the blow.
Social Security provides a financial lifeline to elders, families and people with disabilities. Nationally, three in 10 adults age 65 and older rely on Social Security for more than 90 percent of their incomes, and most beneficiaries are women. In 2010, the average Social Security benefit for women amounted to just more than $12,500. In Colorado, there are 477,256 Social Security beneficiaries older than 65, according to the federal government.
Among Colorado’s Social Security beneficiaries older than 65, an average of 66,163 or 14 percent are living in poverty, an analysis of U.S. Census Bureau data by the Colorado Center on Law and Policy found.
Social security payments are an economic bridge for all households moving toward economic security. Not only would a one-time payment or cost-of-living adjustment have supported elders as they struggled to meet basic needs, but a one-time $250 payment would have injected significant cash into the economy. When Congress approved a similar payment in 2009, in combination with a payment to Supplemental Security Insurance beneficiaries, the effect was creation or saving of 125,000 jobs, according to the Economic Policy Institute.
The Colorado Center on Law and Policy will be examining elder economic security closely in 2011 as it publishes the Colorado Elder Index as a companion report to the 2011 Self-Sufficiency Standard. Watch for the release in summer 2011.
When President Franklin Roosevelt signed the measure creating Social Security 75 years ago, he promised the government would offer “some measure of protection to the average citizen and to his family against … poverty-stricken old age.” However in 2011 will be the second year in a row during which Social Security recipients will receive no increase in benefits to accommodate the rising cost of living. Congress also considered, and rejected, a one-time $250 payment to help cushion the blow.
Social Security provides a financial lifeline to elders, families and people with disabilities. Nationally, three in 10 adults age 65 and older rely on Social Security for more than 90 percent of their incomes, and most beneficiaries are women. In 2010, the average Social Security benefit for women amounted to just more than $12,500. In Colorado, there are 477,256 Social Security beneficiaries older than 65, according to the federal government.
Among Colorado’s Social Security beneficiaries older than 65, an average of 66,163 or 14 percent are living in poverty, an analysis of U.S. Census Bureau data by the Colorado Center on Law and Policy found.
Social security payments are an economic bridge for all households moving toward economic security. Not only would a one-time payment or cost-of-living adjustment have supported elders as they struggled to meet basic needs, but a one-time $250 payment would have injected significant cash into the economy. When Congress approved a similar payment in 2009, in combination with a payment to Supplemental Security Insurance beneficiaries, the effect was creation or saving of 125,000 jobs, according to the Economic Policy Institute.
The Colorado Center on Law and Policy will be examining elder economic security closely in 2011 as it publishes the Colorado Elder Index as a companion report to the 2011 Self-Sufficiency Standard. Watch for the release in summer 2011.
Subscribe to:
Posts (Atom)