Representatives Daugherty and Exum, co-prime sponsors, presented Senate Bill 22-233. The bill creates a new TABOR refund mechanism to refund a portion of excess state revenues collected for FY 2021-22. The sponsors responded to questions from the committee.

Director Mark Ferrandino, representing the Colorado Department of Revenue, testified in support of the bill. Ms. Kathy White, representing the Colorado Fiscal Institute, testified in support of the bill. Dianna Orf, representing Associated Governments of Northwest Colorado, testified in support of the bill. The witnesses responded to questions from the committee.

Ms. Paula Schriefer, representing the Spring Institute for Intercultural Learning, testified in support of the bill. Kayla Frawley, representing Clayton Early Learning Center, testified in support of the bill.