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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. As part of Colorado’s Taxpayer’s Bill of Rights (TABOR), the state is set to send out more stimulus checks in 2025, thanks to Colorado’s current $1.5 billion fiscal surplus ...
In 1992, the voters of the state approved a measure which amended Article X of the Colorado Constitution that restricts revenues for all levels of government (state, local, and schools). [2] Under TABOR, state and local governments cannot raise tax rates without voter approval and cannot spend revenues collected under existing tax rates without ...
The "Taxpayers Bill of Rights" requires that the state return excess revenue to taxpayers. A ballot question could change that. In Colorado, Voters Could Undo Key Component of TABOR Law
[18] [19] In 1997, TABOR's restrictions on state spending were triggered for the first time, resulting in refunds to taxpayers. [20] During these campaigns, Bruce was the primary spokesperson for TABOR, often trading barbs with TABOR opponent and Colorado governor Roy Romer.
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. The last time that the budget was balanced or had a surplus was the 2001 United States federal budget .
The Colorado Cash Back program is a refund of state revenues collected above the Taxpayer Bill of Rights (TABOR) limit. This refund will be paid back based on the tax return or property tax, rent ...
2023 Colorado Proposition HH is a ballot measure that appeared on the Colorado ballot on November 7, 2023. The ballot measure would have made various changes to the state's property tax law. It was rejected by nearly three-fifths of the electorate.
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