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In two months, Colorado will start to roll out another round of TABOR checks for 2025. However, not everyone will get their checks at the same time.
Colorado Gov. Jared Polis signed a new bill into law on May 23, 2022, sending eligible tax filers $750 checks -- $1,500 for married couples -- via the Colorado Cash Back program. See: Do You Have a...
Organizations dedicated to shrinking government are pushing for the adoption of TABORs in other states. Currently, Colorado is the only state with TABOR. In 2005, TABOR proposals were introduced in about half of the states. [21] A TABOR referendum on the ballot in Maine as an initiative effort led by Mary Adams was defeated in November 2006 ...
Watch your mailboxes, Colorado, because the state has already started the process of printing and mailing out 2.4 million checks to Colorado residents as part of TABOR refund program.
It set forth the guidelines in the Colorado Constitution for determining the actual value of property and the valuation for assessment of such property. [1] The Gallagher Amendment was a legislative referendum [2] drafted by Dennis J. Gallagher, then a state legislator. [3] [4] It was repealed in 2020. [5]
Every state other than Vermont has a balanced budget amendment, providing some form of ban on deficits, while the Oregon kicker bans surpluses of greater than 2% of revenue. The Colorado Taxpayer Bill of Rights (the TABOR amendment) also bans surpluses and requires the state to refund taxpayers in event of a budget surplus.
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