Section 24-46.3-201 - Legislative declaration(1) The general assembly hereby finds and declares that the hospitality industry: (a) Plays a vital role in Colorado's economy;(b) Is diverse, with employers throughout the state;(c) Employs more than two hundred forty thousand people in Colorado;(d) Produces more than ten billion dollars in annual sales in Colorado;(e) Creates sales that generate more than six hundred million dollars in state and local taxes annually; and(f) Is an essential element of Colorado's economy.(2) Therefore, the general assembly finds and declares that developing a hospitality career secondary education grant program for Colorado citizens will:(a) Increase the number of Colorado citizens accessing postsecondary education;(b) Increase the number of Colorado citizens completing degrees and other credentials;(c) Decrease the need for remediation at the postsecondary level;(d) Increase entry into employment and increase wages over time; and(e) Create better transitions in educational programs for students in the hospitality career pathway from high school to college.Added by 2014 Ch. 329, § 1, eff. 6/5/2014.L. 2014: Entire part added, (SB 14-015), ch. 329, p. 1457, § 1, effective June 5.