Colorado lawmakers take up bills on oil and gas fees, housing, taxes

The Colorado legislature has expanded its floor calendars and plans fast agendas as it works to pass legislation on housing, gun regulation, transportation, taxes and other priorities ahead of the end of the 2024 session next week. Here are updates on major action and key developments. This story will be updated throughout the day. Updated … Read more

Property tax redux, crucial land-use votes at in Colorado legislature

There are now just 10 days left in the 2024 Colorado legislative session. With a number of hefty bills still in the legislative pipeline, that means 10 days of long nights, voting marathons and hectic scrambling lie ahead of us. Or, to paraphrase how one senator put it to The Denver Post last week: Go … Read more

Gun rules, state budget, passenger rail in the Colorado legislature

The Colorado legislature this week will take on one of its only mandated actions — and by far its costliest: The state’s budget. The budget package, known as the long bill, lays out how the state will spend some $18 billion in general fund dollars in the next year. It also reveals some of the … Read more

Colorado Democrats reject income tax cut, despite Gov. Polis’ support

Colorado Republicans repeatedly invoked Gov. Jared Polis’ support Monday in a legislative effort that was all but doomed from the start: a cut to the state income tax. Their bill, proposing to reduce the state income tax rate from 4.4% to 4%, received its first — and last — committee hearing in the House. The … Read more

Colorado TABOR refunds won’t be taxed in 2023 by the IRS, agency says

Colorado taxpayers won’t have to pay federal income taxes on their state refunds this filing season, according to two elected officials, after the IRS resolved uncertainty surrounding that issue — at least for now. U.S. Sen. Michael Bennet and Gov. Jared Polis confirmed the Internal Revenue Service’s decision during a Tuesday meeting with IRS representatives, … Read more

Colorado taxpayers will receive $800 TABOR refund on state income taxes

Coloradan taxpayers can each expect an extra $800 back when they file their state income tax returns early next year, state officials said Wednesday. The refund is based on revenue collected above the cap set by the Taxpayer’s Bill of Rights, or TABOR, the state constitutional amendment passed by voters in 1992 to limit the … Read more

Gov. Jared Polis gets few takers in call for more property tax relief

After a bruising, losing battle over Proposition HH, a breakneck special session and a public plea from Gov. Jared Polis for local governments to lower their property tax rates, further relief appears to be a trickle more than a torrent for Coloradans. Few local officials have taken up Polis’ request so far, including in metro … Read more