Senate Democrats Advance Plan To Redirect Millions In TABOR Refunds

By Marianne Goodland | Colorado Politics

Despite objections from legislative staff and Republican opposition, Senate Democrats on Friday moved forward with a proposal to reroute $306 million in taxpayer refunds.

Already, critics are preparing to sue over the proposal that seeks to take $300 million in Taxpayer’s Bill of Rights refunds over the next two years to cover what Democratic lawmakers believe is an overpayment from a previous fiscal year.

House Bill 1419 won preliminary approval from the state Senate on Friday. It now awaits a final vote in the chamber and will then go back to the House, which must concur with any amendments adopted.

The alleged overpayments in 2024–25 TABOR refunds were never reflected in the state’s 2024–25 budget because they stemmed from H.R. 1, the Trump administration tax package that significantly altered federal deductions.

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