Revenue Classification Taxpayers Bill of Rights
| Type | Bill |
|---|---|
| Session | 2025 Regular Session |
| Subjects |
Concerning the classification of certain state revenue for purposes of calculating state fiscal year spending pursuant to section 20 of article X of the state constitution, and, in connection therewith, clarifying the statutory definitions of damage awards and property sale for purposes of calculating state fiscal year spending.
Bill Summary:
Section 20 of article X of the state constitution (TABOR) defines "fiscal year spending" as not including either "damage awards" or "property sales". Although TABOR does not define either "damage award" or "property sale", the TABOR implementing statutes do. The act clarifies both of these definitions for state fiscal years commencing on or after July 1, 2024.
The act clarifies that "damage award", as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes certain fines and monetary penalties imposed by the state.
The act also clarifies that "property sale", as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes certain specified types of sales by the state.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 25-173, as amended, to the Committee of the Whole. | The motion passed on a vote of 7-4. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-173 to the Committee on Appropriations. | The motion passed on a vote of 8-5. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-173 to the Committee of the Whole. | The motion passed on a vote of 4-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-173 to the Committee on Appropriations. | The motion passed on a vote of 6-3. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/29/2025 | House Amendments | REPASS |
20
AYE
12
NO
3
OTHER
|
Vote record |
| 04/29/2025 | House Amendments | CONCUR |
32
AYE
0
NO
3
OTHER
|
Vote record |
| 03/19/2025 | Third Reading | BILL |
22
AYE
12
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/28/2025 | Third Reading | BILL |
40
AYE
24
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/04/2025 | Governor | Governor Signed |
| 05/02/2025 | Governor | Sent to the Governor |
| 05/02/2025 | House | Signed by the Speaker of the House |
| 05/01/2025 | Senate | Signed by the President of the Senate |
| 04/29/2025 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 04/28/2025 | House | House Third Reading Passed - No Amendments |
| 04/25/2025 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 04/15/2025 | House | House Second Reading Laid Over Daily - No Amendments |
| 04/11/2025 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 04/03/2025 | House | House Committee on Finance Refer Unamended to Appropriations |
| 03/19/2025 | House | Introduced In House - Assigned to Finance |
| 03/19/2025 | Senate | Senate Third Reading Passed - No Amendments |
| 03/18/2025 | Senate | Senate Second Reading Passed with Amendments - Floor |
| 03/14/2025 | Senate | Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole |
| 03/06/2025 | Senate | Senate Committee on Finance Refer Unamended to Appropriations |
| 02/20/2025 | Senate | Introduced In Senate - Assigned to Finance |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 06/04/2025 | 422 | Revenue Classification Taxpayers Bill of Rights |