Colorado Gov. Bill Ritter, a Democrat, signed the bill into law without fanfare, says state Senate President Brandon Shaffer, also a Democrat.
WSJ: Pension Cuts Face Test in Colorado, Minnesota
2.
The law was enacted in 2002 and Jay Ritter at the University of Florida has put together data that shows the number of U.S. IPOs was lower in every year afterwards than in every year of the decade from 1991 to 2000.