Summary of 2024 Finance, State Budget, and Taxes Legislation
During the 2024 legislative session, the General Assembly passed several bills related to finance, the state budget, and taxes.
First Regular Session | 75th General Assembly
Colorado General AssemblyDuring the 2024 legislative session, the General Assembly passed several bills related to finance, the state budget, and taxes.
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.
The Office of Research and Analysis at Colorado Department of Revenue prepares, every odd-numbered year, a tax profile and expenditure report for the state as required by §39-21-303, C.R.S. This report is to include information identifying and describing tax expenditures administered by the...
Pursuant to Section 2-2-1404, Colorado Revised Statutes. The primary purpose of this task force is to assess current state policies and practices that promote economic opportunity and poverty reduction and, by 2019, reduce by at least 50 percent the number of Coloradans, including children and...
Like other states, Colorado offers retirement benefits to its employees through a variety of pension plans. The state's pension plans are established in law and include both employee and employer contributions, which are made in lieu of contributions to the federal Social Security program. The...
The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details
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