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Legislature to consider cutting Pinnacol’s tax exempt status

The General Assembly is considering a bill that will remove the tax-exempt status of Pinnacol Assurance, the state’s quasi-governmental workers’ compensation insurance fund. The Joint Committee, which decides all budget issues for the legislature, unanimously approved the idea as part of its budget recommendations to Gov. John Hickenlooper. The move follows reports that detail lavish… Continue Reading Legislature to consider cutting Pinnacol’s tax exempt status