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Bill Detail: HB17-1187

 

Title Change Excess State Revenues Cap Growth Factor
Status Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely (03/20/2017)
Bill Subjects
  • Fiscal Policy & Taxes
House Sponsors D. Thurlow (R)
Senate Sponsors L. Crowder (R)
House Committee Finance
Senate Committee State, Veterans, and Military Affairs
Date Introduced 02/14/2017
Description

In 2005, voters approved Referendum C, which is a
voter-approved revenue change to the TABOR fiscal year spending limit.
Under the referendum, the state is permitted to retain and spend all state
revenues up to the excess state revenues cap. The excess state revenues
cap is adjusted annually for inflation and population changes, among
other things.
The bill ...
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