ColoradoRevenue Classification Taxpayers Bill of Rights
What it does
Section 20 of article X of the state constitution (TABOR) defines "fiscal year spending" as not including either "damage awards" or "property sales". Although TABOR does not define either "damage award" or "property sale", the TABOR implementing statutes do. The act clarifies both of these definitions for state fiscal years commencing on or after July 1, 2024.
More detail
The act clarifies that "damage award", as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes certain fines and monetary penalties imposed by the state.
The act also clarifies that "property sale", as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes certain specified types of sales by the state. (Note: This summary applies to this bill as enacted.)
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 4Governor Jared Polis SignedBecame Law
- May 2Signed by the Speaker of the House
- May 2Sent to the GovernorTo Governor
- May 1Signed by the President of the Senate
- Apr 29Senate Considered House Amendments - Result was to Concur - Repass
- Vote recorded CONCUR. Result: pass.Upper
- Vote recorded REPASS. Result: pass.Upper
- Apr 28House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Apr 25House Second Reading Special Order - Passed with Amendments - Committee
- Apr 15House Second Reading Laid Over Daily - No Amendments
- Apr 11House Committee on Appropriations Refer Amended to House Committee of the WholeMinor
- Apr 3House Committee on Finance Refer Unamended to AppropriationsMinor
- Mar 19Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Mar 19Introduced In House - Assigned to FinanceMinor
- Mar 18Senate Second Reading Passed with Amendments - FloorMinor
- Mar 14Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- Mar 6Senate Committee on Finance Refer Unamended to AppropriationsMinor
- Feb 20Introduced In Senate - Assigned to FinanceIntroduced