By Brett Forrest | KOAA-TV NBC 5
The Colorado Chamber of Commerce is calling for regulatory reform as their latest Colorado Scorecard showed the state declining in several key business metrics.
Loren Furman, the president and CEO of the Colorado Chamber, said they hired a group of economists from outside the state to examine the data.
“The data that they came back with was pretty shocking. What they found is that Colorado is the sixth most regulated state in the nation,” said Furman. “We have over 165,000 regulations implemented through law. And 45% of those regulations are deemed excessive or duplicative.”