What the bill does: Makes the job growth incentive tax credit refundable under certain conditions and relaxes the requirements to qualify for the credit.
Taxpayer's Bill Of Rights (TABOR)
In a letter to lawmakers, he proposes changes to what qualifies for TABOR rebates, which he says would all the state to spend more on schools, roads.
What the bill would have done: Create a tax credit for consumers who install qualified wind, biomass and hydroelectric generators between January 2015 and January 2018.
What the bill does: Increases the value of the state conservation easement tax credit.
What the bill would have done: Create a tax credit for 25 percent of eligible contributions made to certain Colorado charitable organization.
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