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Colorado Voters To Decide Future Of TABOR Refunds In November
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Complete Colorado, Approved, State

Colorado Voters To Decide Future Of TABOR Refunds In November

By Sherrie Peif | Complete Colorado DENVER — For years, Democrats have been chipping away at Taxpayer’s Bill of Rights (TABOR) refunds while looking for ways to permanently disable the more than 30-year-old constitutional amendment that, among other things, limits growth of a portion of the state budge to a formula of population growth plus inflation.  Revenue collected over that limit must be refunded to taxpayers unless voters consent to forgoing refunds at the ballot box. This year, however, they may have found the way. The late session introduction and passage of Senate Bill 135 sends a question to the voters in November essentially ending TABOR rebates.  Proponents are using using school children and teachers to tug at the heart strings of Coloradans ...
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Polis-Backed Bill Redirects $300 Million In TABOR Refunds To Close Budget Gap
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Complete Colorado, Approved, State

Polis-Backed Bill Redirects $300 Million In TABOR Refunds To Close Budget Gap

By Nash Herman | Complete Colorado One of Governor Polis’ key requests to balance the state budget using Taxpayer’s Bill of Rights (TABOR) refunds passed out of the legislature and now awaits his signature.  House Bill 26-1419 will recoup almost $300 million in overcollected revenue that would otherwise be returned to Colorado taxpayers, if the measure can withstand legal challenges.  TABOR roulette As previously explained, from the first discussions of the governor’s TABOR refund recoupment proposal, legislative staff voiced their concerns to the Joint Budget Committee (JBC) about the measure’s legality.  While bill proponents remain adamant that the retroactive changes to tax collections caused by the passage of the federal One Big B...
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Senate Democrats Advance Plan To Redirect Millions In TABOR Refunds
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Colorado Politics, Approved, State

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 ...
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Polis Plan Relies On Keeping TABOR Refunds to Balance Budget
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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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Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap
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The Denver Gazette, Approved, State

Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap

By Marianne Goodland | The Denver Gazette Tucked deep within the hundreds of pages of the proposed $46.8 billion 2026–27 state budget is a line item showing $306.1 million in savings — achieved by canceling TABOR refunds. Gov. Jared Polis has recommended withholding TABOR refunds in both 2026–27 and 2027–28. His budget proposal says the state accidentally overpaid $306.1 million in refunds during the 2025–26 fiscal year. According to the governor’s office, the overpayment stemmed from federal budgetary changes that affected how the state calculated revenue for 2024–25. Those revised calculations led to higher-than-appropriate refunds being issued in 2025–26, according to the Polis administration. The request argued that if the federal budget’s impact on 2024–25 ...
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Colorado Senate Panel Advances Bill To Redirect TABOR Refunds
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Complete Colorado, Approved, State

Colorado Senate Panel Advances Bill To Redirect TABOR Refunds

By: Savana Kascak | Complete Colorado DENVER–Couched as a state education funding effort, legislation to siphon off overcollected revenue that would otherwise be refunded to Colorado taxpayers passed out of a Democrat-controlled Senate committee on Thursday. Senate Bill 26-135, “State Public K-12 Education Funding,” refers a question to Colorado’s November ballot to increase K-12 education funding by 2% annually for the next ten years. According to the bill, the money is intended to go towards teacher pay increases and retention, lowering class sizes, and technical career programs. Along with raising education appropriations, the bill allows the state to keep and spend excess revenue collected above the limitations in the Colorado Taxpayer’s Bill of Rights (TABOR). ...
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Democrats Push Plan to Eliminate TABOR Refunds For The Next 10 Years
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Colorado Politics, Approved, State

Democrats Push Plan to Eliminate TABOR Refunds For The Next 10 Years

By Marianne Goodland | Colorado Politics Colorado voters could decide this fall whether billions of dollars that would otherwise be returned as refunds under the Taxpayer’s Bill of Rights should instead go to public schools under a ballot measure unveiled Thursday by Democrats. Supporters say the proposal would address chronic underfunding in K-12 education, while critics argue it takes money away from taxpayers and amounts to sidestepping the state’s constitutional spending limits. Supporters have insisted that schools are underfunded to the tune of billions of dollars, while one study says revenue and spending by schools have significantly grown in the last few years, with a noticeable shift toward non-instructional spending. Under the proposed ballot measure, the am...
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