Legislative Council staff and Office of Legislative Legal Services held a review and comment hearing on three proposed 2025–2026 ballot initiatives — #315, #316, and #317 — all concerning the conversion of Pinnacle Assurance from a political subdivision of the state to an independent mutual insurance company and the creation of a Skilled Workers and Trades Fund. No votes were taken; the hearing identified an unresolved enforcement question and a technical drafting correction for proponents to address.
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Aaron Reynolds asked how the standards and obligations from Article 45 of Title 8 (as of December 31, 2026) would be enforced against Pinnacle Assurance once Part 1 is repealed on July 1, 2027, specifically whether the division of workers compensation would retain enforcement authority and whether the measure language should be clarified. Nate Bruggeman responded only that proponents appreciate the comment and are still considering it, leaving the issue unresolved.
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“The purpose of the statutory requirement of the directors of LCs and OLLs is to provide comments and questions intended to aid designated representatives and the proponents they represent in determining the language at their proposal and to avail the public of the contents of the proposal.”
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Sign in to subscribeAll right, I'll call our meeting to order if everyone's ready. We're two minutes early, but that's okay. It is? Yes. March 27th, but it's April 2nd. I was like, that date is wrong. It's April 2nd. We're in House Room 109. It's just about 2:00pm and we're here to discuss the proposed initiative measures 205, 206, 315, 316, and 317 concerning the separation of Pinnacle Assurance from the state to fund workforce development. And if we could just go around the room and introduce ourselves. I'm Aaron Reynolds from Legislative Council staff. I'm Josh Schultz with the Office of Legislative Legal Services. I'm John Matthews, proponent. I'm Larry Blackshear, also a proponent. Nate Bruggeman from Rec. Kornfeld, Council for the Designated Representatives. All right, I'm going to go ahead and read the introduction of this memorandum, and then I'll hand it over to my colleague, Mr. Schultz. Section 1401051 CRS requires the directors of Legislative Council staff and the Office of Legislative Legal Services to review and comment on initiative petitions for proposed laws and amendments to the Colorado Constitution. We hereby submit our comments and questions to you regarding the appended proposed initiatives. The purpose of the statutory…
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