Skip to content

NFIB Colorado: ‘Vast Majority of Small Business Owners Abide by the Law’

NFIB Colorado: ‘Vast Majority of Small Business Owners Abide by the Law’

February 24, 2025

While testifying against HB 1001, NFIB State Director Michael Smith outlines how the majority of small business owners abide by the law, and go out of their way to pay their employees before themselves.

In a hearing before the House Finance Committee, NFIB State Director Michael Smith testified in opposition to HB 1001, which, as introduced, would significantly increase the regulatory burden on employers.

CLICK HERE to listen to Smith’s testimony (beginning at ~2:42:50).

During his testimony, Smith noted that most small business owners abide by the law and go out of their way to pay their employees before themselves.

“I’m here to express our opposition to the bill as introduced. Generally, I do recognize there are bad actors. But the vast majority of small business owners abide by the law and typically find a way to pay their employees before themselves. Administrative burdens are some of the biggest challenges for honest and hard-working small business owners, as they typically don’t have compliance departments and legal teams to keep up with compliance provisions that are brought down by the state.”

Smith went on to list specific objections to the bill, including the provision to publish the names of businesses with a violation.

“The provision to publish the names of businesses with a violation, as well as to notify other state agencies, is viewed by our members as an unfriendly business practice.”

CLICK HERE to listen to Smith’s testimony (beginning at ~2:42:50).

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

July 10, 2025
Small Businesses Get Key Wins During 2024-25 U.S. Supreme Court…
The NFIB Small Business Legal Center secured three much-needed wins on beha…
Read More
July 10, 2025
LISTEN: NFIB’s Josh McLeod Discusses Beneficial Ownership Rep…
NFIB is urging Congress to repeal the Beneficial Ownership Information (BOI…
Read More
July 10, 2025
NFIB Nebraska Reacts to New Optimism Report
NFIB Nebraska State Director Ryan McIntosh reacts to Small Business Optimis…
Read More
July 10, 2025
NFIB Minnesota Reacts to New Optimism Report
NFIB Minnesota State Director Jon Boesche reacts to Small Business Optimism…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility