Tag: Tax Revenue Bills

By Nate Belt | KDVR Fox 31 DENVER (KDVR) — On Saturday, the Colorado House of Representatives passed six bills to address the state’s budget shortfall. The special session was called after a $1.2 billion loss of revenue from changes in tax laws in the “One Big Beautiful Bill Act,” which Democrats say the bills passed are a fix for what they call an unnecessary gap in the budget, while Republicans feel they weren’t given enough room to debate. “We passed a revenue package that closes corporate tax loopholes, which I think is the most responsible way to address the shortfall that we are experiencing,” said Rep. Yara Zokaie. Rep. Jarvis Caldwell tells FOX31 that the bills passed on Saturday hurt the average person. “Every single bill we’ve seen here come through during the spec...