HB 24-1026

  • Colorado House Bill
  • 2024 Regular Session
  • Introduced in House Jan 10, 2024
  • House
  • Senate
  • Governor

Local Government Tax Payers' Bill of Rights Prior Voter Approval Requirement

Abstract

Since section 20 of article X of the state constitution (TABOR) was approved by the registered electors of this state in 1992, local governments have successfully sought voter approval of revenue changes allowing the local governments to permanently retain revenue in excess of their TABOR fiscal year spending and property tax revenue limits. Current law does not limit the effective period of such voter-approved revenue changes, commonly referred to as waiver elections. The bill requires that, no later than the local elections to be held in November 2029, a local government that retains revenue in excess of either its fiscal year spending limit or property tax revenue limit pursuant to a waiver election held prior to November 9, 2020, must resubmit the ballot issue from the historic waiver election to the registered electors of the local government for re-approval.(Note: This summary applies to this bill as introduced.)

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Feb 05, 2024

House

House Committee on State, Civic, Military, & Veterans Affairs Postpone Indefinitely

Jan 10, 2024

House

Introduced In House - Assigned to State, Civic, Military, & Veterans Affairs

  • Introduction
State, Civic, Military, & Veterans Affairs

Bill Text

Bill Text Versions Format
Introduced (01/10/2024) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (01/17/2024) PDF
Fiscal Note FN2 (07/30/2024) PDF

Sources

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