Fiscal Policy & Taxes

Colorado Tax Profile and Expenditure Report (2014)

Subject

Fiscal Policy & Taxes

Agency

Published

02/03/2014

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 Department, estimates of the identified tax expenditures, the Colorado Tax Profile Study (CTPS), and the Colorado Statistics of Income (SOI) reports.

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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

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

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

Issue Briefs

Income Tax Checkoffs (2015)

Colorado's individual income tax form allows a taxpayer to make a voluntary contribution to any one of 15 funds, each of which benefits a program or charitable organization (organization). This issue brief provides information on the income tax "checkoff" program and the selection of...

Publishing Agency:

Legislative Council Staff

Date:

01/08/2015

Subject:

Fiscal Policy & Taxes

Final/Annual Reports

2014 Use of Marijuana Sales Tax Revenues Interim Study Committee Final Report

Pursuant to Interim Committee Letter 2014-6. The purpose of this committee is to evaluate and make recommendations regarding appropriate uses of sales tax revenue generated by recreational marijuana sales in Colorado.

Publishing Agency:

Legislative Council Staff

Date:

12/12/2014

Subjects:

Fiscal Policy & Taxes

General Assembly

Issue Briefs

Individual Income Tax (2014)

The individual income tax is the largest source of General Fund revenue, accounting for 60 percent of General Fund collections in FY 2013-14. This issue brief provides a brief history of Colorado income tax rates, discusses the general process for determining Colorado’s individual income tax,...

Publishing Agency:

Legislative Council Staff

Date:

12/11/2014

Subject:

Fiscal Policy & Taxes

Issue Briefs

Disaster Mitigation and Relief Tax Breaks (2014)

In response to natural disasters that have hit Colorado in recent years, the General Assembly has enacted a number of tax breaks aimed at mitigating or relieving the impact of these disasters on taxpayers. Tax breaks can take a number of different forms, such as an income tax deduction,...

Publishing Agency:

Legislative Council Staff

Date:

11/18/2014

Subject:

Fiscal Policy & Taxes

Issue Briefs

State Taxes on Marijuana (2014)

In 2000, voters approved Amendment 20, allowing the possession and use of medical marijuana in Colorado. In 2012, voters approved Amendment 64, legalizing marijuana for use by adults aged 21 and older. Sales of retail marijuana for adult use began on January 1, 2014.

Publishing Agency:

Legislative Council Staff

Date:

10/31/2014

Subjects:

Fiscal Policy & Taxes

Liquor, Tobacco, & Marijuana

Related Publications

Pages

Colorado General Assembly