Current law states that a common paymaster is not a single employing unit for purposes of considering the services performed by another employing unit subject to a single or common payroll. The act creates an exception for an employee leasing company or other employing entity that is owned by one or more persons who have a medical or retail marijuana license and who own at least 50% of an entity that shares the employee leasing company's or other employing entity's services. The employee leasing company or other employing entity is not considered a common paymaster for the purposes of the "Colorado Employment Security Act".(Note: This summary applies to this bill as enacted.)

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Statutes affected:
Introduced (03/04/2021): 8-70-114
Engrossed (03/19/2021): 8-70-114
Reengrossed (03/22/2021): 8-70-114
Revised (04/15/2021): 8-70-114
Rerevised (04/16/2021): 8-70-114
Final Act (04/20/2021): 8-70-114
Signed Act (04/29/2021): 8-70-114