Mike Weissman
- Democratic
- Senator
- District 28
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.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Unamended to Appropriations
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Floor
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Finance Refer Unamended to Appropriations
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/04/2025) | |
| Final Act (05/02/2025) | |
| Rerevised (04/28/2025) | |
| Revised (04/25/2025) | |
| Reengrossed (03/19/2025) | |
| Engrossed (03/18/2025) | |
| Introduced (02/20/2025) | |
| PA1 (04/11/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (03/12/2025) | |
| Fiscal Note SA2 (04/09/2025) | |
| Fiscal Note FN1 (03/04/2025) | |
| Fiscal Note FN2 (04/01/2025) | |
| Fiscal Note FN3 (07/02/2025) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.