Bennet Bill would Provide Tax Cuts for Small Businesses

Would Allow Increase Amount Small Businesses Can Expense, Free Up Capital for New Investments

Colorado U.S. Senator Michael Bennet today introduced a bill to provide tax relief to small businesses by increasing the amount of costs for capital equipment they can expense, or write off, in a given year. The higher cap would help small businesses free up capital quicker to invest in new purchases and help grow their businesses and the economy.
Colorado U.S. Senator Michael Bennet issued the following statement on the lack of progress in the discussions to continue construction of the VA hospital in Aurora.
Colorado U.S. Senator Michael Bennet released the following statement in recognition of efforts in Denver and across the country in support of Deferred Action for Parental Accountability (DAPA).
Colorado U.S. Senator Michael Bennet released the following statement on the Department of Veterans Affairs (VA) proposal to continue construction of the VA hospital in Aurora.

Bennet: USDA Invests $6.5 million in Ogallala Aquifer Region

Money will be Used to Conserve Water and Improve Water Quality

Colorado U.S. Senator Michael Bennet applauded U.S. Department of Agriculture (USDA) Secretary Tom Vilsack's announcement of $6.5 million in funding for the Ogallala Aquifer region to help conserve billions of gallons water and improve quality.
The Senate today passed a bill backed by Colorado U.S. Senator Michael Bennet to strengthen our country's enforcement of trade agreements. The bill includes several provisions authored by Bennet, including tools to strengthen environmental and labor protections and to crack down on countries like China that unfairly weaken their currency.

USDA Designates 3 Colorado Counties as Contiguous Disaster Areas Due to Drought

Producers Eligible for Assistance from Farm Service Agency

Senator Michael Bennet announced today that the United States Department of Agriculture (USDA) has designated Garfield County, Moffat County, and Rio Blanco County as contiguous disaster areas due to drought. The designation makes farm operators in these counties eligible to be considered for federal assistance, including Farm Service Agency (FSA) emergency loans.
Senators Michael Bennet (D-CO), Cory Gardner (R-CO) and Ron Wyden (D-OR), along with Senate co-sponsors Johnny Isakson (R-GA), Jeff Merkley (D-OR), and Orrin Hatch (R-UT), announced today they are introducing the Therapeutic Hemp Medical Access Act of 2015 in the United States Senate to exempt from the Controlled Substances Act strains of therapeutic hemp used to fight seizures in children and adults suffering from intractable epilepsy.

Bennet Statement on Vote on Trade Package

Trade Package Must Strengthen Enforcement Tools to Protect Workers, Environment and Fight Currency Manipulation

Colorado U.S. Senator Michael Bennet released the following statement after the Senate blocked a procedural motion to proceed to a partial Trade Promotion Authority (TPA) legislative package. Last month, in the Senate Finance Committee, Bennet voted for a bipartisan TPA package that passed 20 -6. That package included several enforcement measures and protections for workers and the environment, as well as his amendment to provide the U.S. with tools to fight currency manipulation by countries like China. Today, he voted against moving forward on a partial package that excludes stronger environmental and enforcement rules and his currency provision.