Tag: Tabor
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Colorado title board rejects graduated income tax ballot measures
Colorado’s title board on Wednesday unanimously rejected two ballot measure proposals submitted by a policy think tank that would change the state’s flat income tax rate — in which everyone currently pays the same rate of 4.41% — to a graduated income tax, where people with incomes of up to $500,000 would get a small…
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Colorado Orphan Wells Mitigation Enterprise Board adds new $115 annual fee
Colorado levied another fee on oil and gas operators in Colorado to pay for closing and cleaning up another category of wells called marginal wells, defined in the statute as “an oil and gas well that presents a high risk of becoming orphaned.” The new $115-per-year fee, which is expected to raise about $5 million…
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RTD Board of Directors seeks to extend TABOR exemptions
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Bypassing TABOR is on the agenda for the Regional Transportation District via a resolution adopted by the transit system’s board of directors. The board submitted a ballot question that would free RTD from future revenue limitations of the Taxpayer’s Bill of Rights — again. If voters…
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Affordable housing initiative makes Colorado’s November ballot
A ballot measure that would generate $270 million annually for affordable housing is headed for voter review after qualifying for the ballot. Proponents for Initiative #108 turned in 149,072 valid signatures to the Colorado Secretary of State’s Office and of those signatures, clearing the 124,632-vote threshold required to qualify for the election. “We’re thrilled that this…
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Colorado launches free tax clinics to help residents qualify for $750 refund checks
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Though distribution of the $750 Taxpayer’s Bill of Rights refund checks began this month, it’s not too late for Coloradans to file their taxes and qualify. The state is providing free tax clinics over the next two months to help residents file state taxes by the extended Oct. 17 deadline, Gov. Jared Polis announced Friday.…
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More than 75% of TABOR refund checks sent, but not every taxpayer will get one
Since distribution began at the beginning of the month, more than three-quarters of the $750 refund checks from the Taxpayer’s Bill of Rights have been sent to Colorado taxpayers. As of Wednesday, 2.4 million checks have been mailed to individual and joint tax filers, of the approximately 3.1 million residents who are eligible to receive…
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Colorado GOP files complaint against Polis over governor’s letter touting TABOR refund
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Colorado Republican Party on Thursday filed a complaint against Gov. Jared Polis, alleging the Democrat violated campaign finance law by enclosing a letter with tax refund checks going in the mail this week to 3.1 million state residents. Calling the move a “political stunt,”…
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Coloradans to get at least $750 in summer rebate checks, governor says
Colorado taxpayers can expect to receive at least $750 in the mail this summer through the Colorado Cashback Rebate — up from the previous $500 estimate. Residents who file state taxes by June 30 are now expected to get $750 for individual tax filers and $1,500 for joint filers, Gov. Jared Polis announced on Tuesday.…
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Gov. Polis signs bill to send $500 to Colorado taxpayers by September
Facebook Twitter WhatsApp SMS Email Print Copy article link Save It’s official: Colorado taxpayers can expect to receive at least $500 in the mail by September, thanks to legislation signed by Gov. Jared Polis on Monday. The new law, Senate Bill 233, will refund up to 85% of excess state revenue collected last year. This…