Second Regular Session | 72nd General Assembly
Colorado General AssemblyA dynamic model attempts to quantify the downstream effects of a policy change throughout the economy. Legislative Council Staff (LCS) does not conduct dynamic modeling, which means that fiscal notes and other analyses are limited to the scope of legislation’s direct impacts and, in...
When Colorado taxpayers file their 2019 income taxes, they will pay tax at a rate of 4.50 percent, rather than the state’s usual 4.63 percent rate. The rate reduction affects state income tax payments by all taxpayers, including individuals, corporations, non-corporate businesses, and other...
Final Report to the Colorado General Assembly by the Tax Expenditure Evaluation Interim Study Committee.
In place of property taxes, Colorado citizens pay the specific ownership tax (SOT) on their vehicles. This issue brief provides an overview of the SOT, describes how the SOT is calculated, lists the SOT exemptions, and describes its collection and distribution.
Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law,...
Final Report to the Colorado General Assembly by the Energy Legislation Review Interim Study Committee.
Final Report to the Colorado General Assembly by the Investor-owned Utility Review Interim Study Committee.
This memorandum answers common questions about how revenue from the marijuana industry fits into Colorado’s state budget.
Procedures for Greenhouse Gas Emissions Reports Form
This memorandum memorializes the process for requesting and preparing greenhouse gas emissions reports (reports) pursuant to Section 2-2-322.3, C.R.S. It outlines the number of reports per session, the process for requesting reports, the preparation and timing of reports, and the preparation of...
Summary report for the Energy Legislation Review Interim Study Committee.
Tax Expenditure Evaluation Interim Study Committee Summary Report.
Summary report for the Investor-owned Utility Review Interim Study Committee.
Final Report to the Colorado General Assembly by the Sales and Use Tax Task Force.
In 1990, Colorado voters passed a constitutional amendment allowing limited gaming only in the cities of Central City, Black Hawk, and Cripple Creek. Limited gaming is defined as “the use of slot machines and the card games of blackjack and poker, each game having a maximum single bet of five...
Greenhouse gas emissions have been identified by the global scientific community as the major driver of climate change. Globally, countries are committing to reduce greenhouse gas emissions to combat the effects of climate change. This memorandum provides background on the policies and...
This report contains the final audited figures for state revenue retained under Referendum C in the 2005‑06 through 2017‑18 state fiscal years and preliminary numbers for the 2018‑19 and 2019‑20 state fiscal years. It also reflects the actions of the General Assembly and Governor in spending...
Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law,...
Report No. 2019-TE27
Report No. 2019-TE28
Report No. 2019-TE29
Report No. 2019-TE
This memorandum provides information intended to aid in the evaluation of legislation that would create a new or alter an existing tax expenditure. State law defines a tax expenditure as a “tax provision that provides a gross or taxable income definition, deduction, exemption, credit, or rate...
During the 2019 legislative session, the General Assembly considered a number of bills regarding fiscal policy, taxes, and financial services.
Report No. 2019-TE15