TABOR

A bill that would ask Colorado voters to put billions more toward school funding passed its first committee hearing.

Advocates say Colorado schools are at 1989 spending levels and Census data consistently puts the state in the bottom 20 for per-student spending.

Sponsors of industry-backed data center bill say they are amending it in ways that will change the fiscal projections.

If the legislature and then voters sign off on the plan, every dollar of the surplus used for a tax credit over the next decade or more would be a dollar that could have otherwise been used for the general fund.