The Legislative Oversight Committee Concerning Tax Policy (committee) is charged with reviewing the state’s current tax policy and the evaluations of tax expenditures that are statutorily completed by the Office of the State Auditor. The committee is also charged with oversight of the Task...
This memorandum describes the programs authorized by the Infrastructure Investment and Jobs Act and the Inflation Reduction Act that may provide formula or competitive grants to Colorado.
The state legislature established the Colorado Public Employees’ Retirement Association (PERA) in 1931 to provide a pension benefit to state and local government employees, predating the federal Social Security Act of 1935 by four years. PERA is administered under Article 51 of Title 24 of the...
This memorandum summarizes the primary funding changes for school finance that were enacted during the 2022 legislative session. Several bills enacted substantively impacted the financing of public schools in Colorado.
The Colorado Constitution limits the amount of revenue, from most sources, that the state government and local governments are permitted to retain and spend or save. Revenue collected in excess of the constitutional revenue limit, or TABOR limit, must be refunded to taxpayers unless voters...
This report contains the final audited figures for state revenue retained under Referendum C in the 2005‑06 through 2020-21 state fiscal years and preliminary numbers for the 2021‑22 and 2022-23 state fiscal years. It also reflects the actions of the General Assembly and Governor in spending...
This memorandum highlights regional and sectoral differences in Colorado’s labor market and employment recovery from the pandemic‑induced recession, including in labor force, job openings, and employment.
The Legislative Oversight Committee Concerning Tax Policy (committee) is charged with reviewing the state’s current tax policy and the evaluations of tax expenditures that are statutorily completed by the Office of the State Auditor.
Legislative Council Staff economic outlook presentation to the Joint Budget Committee.
Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. 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,...
Report No. 2022-TE
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Report No. 2022-TE35
During the 2022 legislative session, the Colorado General Assembly considered several measures concerning professions and occupations including health care professionals, sunrise and sunset reviews, and employment and licensure.
This memorandum provides information on state government enterprises under Article X, Section 20 of the Colorado Constitution, also known as the Taxpayer’s Bill of Rights (TABOR). From FY 1993-94 through FY 2022-23, 33 state government entities had received enterprise status for at least one...
During the 2022 legislative session, the General Assembly considered several bills affecting funding for capital construction and the duties of the Capital Development Committee (CDC).
About this report: This spreadsheet provides several reports on fiscal data from Legislative Council Staff Fiscal Notes.
During the 2022 legislative session, the Colorado General Assembly considered several measures related to information technology (IT), including: privacy protections, IT-related state services; and Joint Technology Committee-sponsored bills.
The senior homestead property tax exemption became available beginning in property tax year 2002, following voter approval of Referendum A in the 2000 General Election. The number of seniors claiming the exemption has grown over time, from 123,326 qualifying seniors in tax year 2002, to 266,538...
Article V, Section 1 (7.5), Colorado Constitution, and Section 1-40-124.5, Colorado Revised Statutes, require the Legislative Council Staff to prepare a ballot information booklet prior to each election in which a statewide issue appears on the ballot. The booklet's purpose is to provide voters...
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