What the bill does: Creates a credit for distributors who sell cigarettes to out-of-state-consumers.
The Legislature’s budget committee wants to hold on to $20 million worth of severance taxes next year to help cover taxpayer refunds.
The spending package worked out by lawmakers generally mirrors what the governor proposed to them last fall.
- Colorado is bringing in more tax revenue, but that doesn’t mean lawmakers will be able to use much of that new money for public programs.Read more
- A bipartisan bill to evaluate the effectiveness of Colorado’s tax breaks won unanimous support in its first committee Wednesday.Read more
What the bill would have done: Create a tax credit for those who bought conservation easement tax credits before 2014, if their credit was later revoked.
What the bill would have done: Change Colorado's wildfire mitigation tax deduction to a tax credit. Landlords could be credited up to $2,500.
What the bill would have done: Give specialized, unpaid health care professionals working in healthcare deserts a state income tax credit in exchange for mentoring.