CLICS/CLICS2021A/commsumm.nsf
PUBLIC
BILL SUMMARY For TAX EXPENDITURES IN COLORADO'S STATE BUDGET
INTERIM COMMITTEE LEGISLATIVE OVERSIGHT COMMITTEE CONCERNING TAX POLICY & TASK FORCE
Date Aug 24, 2021
Location HCR 0112
Tax Expenditures in Colorado's State Budget - Committee Discussion Only
|
|
|
10:33:07 AM |
Elizabeth Ramey, representing Legislative Council Staff, presented to the committee on tax expenditures in Colorado's state budget.
A copy of Dr. Ramey's presentation can be found here: https://leg.colorado.gov/sites/default/files/images/committees/2017/lcs_...
Dr. Ramey's presentation covered the following topics:
- how tax expenditures impact the state's General Fund revenue and how these impacts depend on the state's TABOR situation; and
- estimates of the amount of revenue that is lost in the state due to various types of tax expenditures.
Throughout her presentation, Dr. Ramey responded to questions from the committee regarding the data available on individual income tax forms.
|
|
10:51:36 AM |
Dr. Ramey concluded her presentation.
Greg Sobetski, representing Legislative Council Staff, responded to questions from the committee regarding the pension and annuity deduction and the insurance premium tax.
|