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Summary of Major Legislation

Summary of 2024 Finance, State Budget, and Taxes Legislation

Subjects

Financial Services & Commerce

Fiscal Policy & Taxes

State Revenue & Budget

Agency

Legislative Council Staff

Published

12/31/2024

During the 2024 legislative session, the General Assembly passed several bills related to finance, the state budget, and taxes.

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Issue Briefs

Distribution of Marijuana Tax Revenue (2015)

Three state taxes apply to marijuana, but medical and retail marijuana are taxed differently. Both medical and retail marijuana are subject to the 2.9 percent state sales tax, which is applied to most purchases in the state. Additionally, retail marijuana is subject to a 10 percent sales tax,...

Publishing Agency:

Legislative Council Staff

Date:

07/22/2015

Subjects:

Liquor, Tobacco, & Marijuana

Fiscal Policy & Taxes

Budget Related Publications

FY 2015-16 Appropriations Report

Publishing Agency:

Joint Budget Committee Staff

Date:

07/01/2015

Subject:

State Revenue & Budget

Budget Related Publications

FY 2015-16 Budget In Brief

Publishing Agency:

Joint Budget Committee Staff

Date:

07/01/2015

Subject:

State Revenue & Budget

Budget Related Publications

Forecast June 2015

Focus Colorado presents forecasts for the economy and state government revenue through FY 2016-17. 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,...

Publishing Agency:

Legislative Council Staff

Date:

06/19/2015

Subjects:

Fiscal Policy & Taxes

State Revenue & Budget

Issue Briefs

Colorado's Constitutional Spending Limit (2015)

In 1992, voters approved an amendment to the Colorado Constitution — Article X, Section 20 — known as the Taxpayer's Bill of Rights (TABOR). TABOR limits annual growth in state spending.

Publishing Agency:

Legislative Council Staff

Date:

04/08/2015

Subjects:

Fiscal Policy & Taxes

State Revenue & Budget

Budget Related Publications

FY2015-16 Budget Package and Long Bill Narrative

Publishing Agency:

Joint Budget Committee Staff

Date:

03/30/2015

Subject:

State Revenue & Budget

Issue Briefs

Marijuana TABOR Refund (2015)

Colorado's Taxpayer's Bill of Rights (TABOR) requires voter approval of any new taxes. Prior to voter approval, it also requires that voters receive estimates of state spending without new taxes and the new tax revenue. Proposition AA, which authorized the 10 percent sales tax and the 15 percent...

Publishing Agency:

Legislative Council Staff

Date:

03/19/2015

Subjects:

Liquor, Tobacco, & Marijuana

Fiscal Policy & Taxes

Budget Related Publications

Forecast March 2015

Publishing Agency:

Legislative Council Staff

Date:

03/18/2015

Subjects:

Fiscal Policy & Taxes

State Revenue & Budget

Budget Related Publications

CY 2015 FY 2014-15 Supplemental Package Narrative

Publishing Agency:

Joint Budget Committee Staff

Date:

02/02/2015

Subject:

State Revenue & Budget

Issue Briefs

Colorado's K-12 Education Funding Rankings (2015)

K-12 funding rankings are of perpetual interest to legislators, educators, parents, and the general public because they provide a measure to evaluate where Colorado stands nationally on education funding. However, rankings can also result in confusion because of data differences and metrics used...

Publishing Agency:

Legislative Council Staff

Date:

01/22/2015

Subjects:

Education & School Finance (Pre & K-12)

State Revenue & Budget

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