Rocky Mountain Voice

Tag: Christopher Richardson

Polis Plan Relies On Keeping TABOR Refunds to Balance Budget
Complete Colorado, Approved, Commentary, State

Polis Plan Relies On Keeping TABOR Refunds to Balance Budget

By Nash Herman | Commentary, Complete Colorado Should voters have a say in whether Colorado’s state government can keep and spend $289.1 million in taxpayer money because of the One Big Beautiful Bill Act (OBBBA)?  House Bill 1419, titled “Refund of State Revenues,” fulfills one of Governor Polis’ primary budget requests to balance this year’s budget.  Background Polis’ office suggests that, due to immediate reductions in state tax collections upon passage of the federal OBBBA, the state is entitled to recoup Taxpayer’s Bill of Rights (TABOR) refunds accordingly.  However, as previously explained, Legislative Council Staff believed that the request was legally dubious and could exacerbate future fiscal challenges should the g...

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