Second Regular Session | 74th General Assembly
Colorado General AssemblyReport No. 2020-TE3
Pursuant to Senate Bill 13-082. The purpose of this committee is to review and propose legislation or other policy changes related to wildfire prevention, mitigation, and related matters, including public safety and forest health issues.
The individual income tax is the largest source of General Fund revenue, accounting for 60 percent of General Fund collections in FY 2013-14. This issue brief provides a brief history of Colorado income tax rates, discusses the general process for determining Colorado’s individual income tax,...
In response to natural disasters that have hit Colorado in recent years, the General Assembly has enacted a number of tax breaks aimed at mitigating or relieving the impact of these disasters on taxpayers. Tax breaks can take a number of different forms, such as an income tax deduction,...
In 2000, voters approved Amendment 20, allowing the possession and use of medical marijuana in Colorado. In 2012, voters approved Amendment 64, legalizing marijuana for use by adults aged 21 and older. Sales of retail marijuana for adult use began on January 1, 2014.
The attached document provides a summary of major legislation considered by the General Assembly pertaining to taxes and fiscal policy.
The Colorado legislature considered several important bills related to labor and employment, consumer protection, licensing and professional occupations, liquor law, procurement, and telecommunications and technology during the second session of the 69th General Assembly. This document...
The General Assembly considered a variety of energy-related legislation during the 2014 session. The bills focused on changes to the renewable electricity standard, the Colorado Energy Research Authority, and enterprise zone investment tax credits.
The General Assembly considered several bills related to economic development during the 2014 session. Bills relating to workforce development, a statewide brand marketing plan, and a study of Colorado's employee talent base were all postponed indefinitely. A bill creating an app for Colorado...
Focus Colorado presents forecasts for the economy and state government revenue through FY 2015-16. 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,...
The state innovative motor vehicle income tax credit is intended to reduce the cost of alternative fuel vehicles and incentivize their purchase. This issue brief describes the tax credit, most recently addressed in House Bill 13-1247, and provides information on how its value is calculated.