By Noah Festenstein | Colorado Politics
As a result of 101 bills passed by the Colorado legislature, over $2.8 billion in state TABOR refunds will not go to Colorado taxpayers between 2024 and 2026, according to a recent report from the Common Sense Institute.
The $2.8 billion loss is just less than half of the projected $6 billion in TABOR refunds for the next three years, CSI found in its report following the 2024 Colorado legislative session.
“Legislators focused intensely on TABOR refunds this session,” CSI Mike A. Leprino Fellow Lang Sias said in a statement.
“What started a few years ago,” he said, “has snowballed into what we saw play out during the 2024 session where more than 100 bills redirected TABOR refunds.”