Colorado House gives initial approval to a bill that would let the state keep more revenue

AP_LOGO_02

A Republican-sponsored bill to allow Colorado to keep more revenue it already receives has passed a test in the state House of Representatives — but not without challenges from fellow Republicans.

Rep. Dan Thurlow and GOP Sen. Larry Crowder want to change the way annual revenue limits set by the 1992 Taxpayer’s Bill of Rights are calculated.

Their bill would ask voters whether the state can keep millions of extra dollars for roads, education and schools, starting with $175 million in the 2018-2019 fiscal year.

We looked at the bill in more detail when it was at the committee level.

The Democratic-led House gave the bill initial approval Tuesday after rejecting a proposal by GOP Rep. Polly Lawrence to tie any extra revenue to funding transportation needs.

The House must formally approve the bill before it’s considered in the Republican-led Senate.

Hi! You’re like us!

Looks like you’re the type of person who reads to the ends of articles! Well, true believer, you might really like our morning newsletter. It’s quick, free and gets you up to speed on the important and delightful things happening right here in Denver.

Thanks for reading another Denverite story

Does Denverite help you feel more connected to what’s up in your area? Do you want to be a part of it?

Member donations are critical to our continued existence and growth.

You’re our superpower

Denverite supporters have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.

You’re our superpower

Denverite members have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.