Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

General Fund Surplus Rebates To Taxpayers

Concerning a rebate to taxpayers of the general fund surplus.
2022 Regular Session
Fiscal Policy & Taxes
Bill Summary

The bill requires the executive director to rebate $1,846,400,000 from the general fund to qualified individuals through income tax returns for the 2022 income tax year, which rebate amount is an estimate of the general fund surplus for the state fiscal year 2021-22. The rebates will be made to qualified individuals in the same manner as if the general fund surplus was excess state revenues under the Taxpayer's Bill of Rights being refunded through the 6-tiered sales tax refund mechanism.
(Note: This summary applies to this bill as introduced.)




Bill Text

Colorado legislature email addresses ending in are no longer active. Please replace with for Colorado legislature email addresses. Details

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details