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Sponsors of industry-backed data center bill say they are amending it in ways that will change the fiscal projections.
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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.
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The federal government shutdown delayed the release of key business and labor data, leaving forecasters in the dark about the true state of the economy.
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One reason is that the state is paying out more to lower income residents through targeted tax credits.
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Eliminate the cap? Use some of the excess to fund specific programs and services? Try to invalidate the 1992 constitutional amendment altogether?
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The big union bill, a resolution forcing a lawsuit aimed at dismantling the Taxpayer’s Bill of Rights and Gov. Jared Polis signature housing measure are all still pending with just five days left in Colorado’s 2025 legislative session.
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The suit would essentially force taxpayers to pay for an effort to dismantle the Taxpayer’s Bill of Rights, which was approved by voters in 1992
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The cuts will enable the state to absorb the rising costs of Medicaid and fully fund K-12 for another year. But they didn’t eliminate the state’s structural deficit, which will require ongoing cuts for years to come.
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Each week, KUNC collects and curates some of the more important stories of the week that have aired on our daily newscast. We know how busy life can be, and that it's not always possible to get your news on our airwaves (or from streaming us right here on our website). Fill in the gaps and catch up right here. No one enjoys the feeling of missing out!
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Each week KUNC collects and curates some of the more important stories of the week that have aired on our daily newscast. We know how busy life can be, and that it's not always possible to get your news on our airwaves (or from streaming us right here on our website). Fill in the gaps and catch up right here. No one enjoys the feeling of missing out!