Tag: Senate Bill 42

By Nash Herman | Complete Colorado Similar to last year’s Senate Bill 173, legislative Democrats are returning this year with another effort to bypass Colorado’s Taxpayer’s Bill of Rights (TABOR) by reclassifying certain state revenue streams.  While Senate Bill 26-042 may have some plausibility under specific TABOR terms, it raises broader concerns about the runaway growth of Colorado’s state government, and the mechanisms legislators pursue to evade voter consent over taxation.  What the bill does  While TABOR generally limits the growth of a portion of state revenue to a modest formula of population growth plus inflation, it allows for certain carve outs such as “damage awards” and “collections for another government.”  ...