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Senate committee rejects 3% cap on political subdivision budgets, 4-2
Summary
The Senate Finance and Taxation Committee voted 4-2 for a "do not pass" recommendation on Senate Bill 23-78, which would have limited political subdivision budgets to the consumer price index, citing concerns about restricting fee-for-service revenues and essential services.
The Senate Finance and Taxation Committee voted 4-2 on a do-not-pass recommendation for Senate Bill 23-78, a proposal to cap the budgets of political subdivisions at the consumer price index.
Senator Jason Rummel, a sponsor of the do-not-pass motion, warned the cap could force cities and other local authorities to reduce or eliminate essential services. "You would cause a very severe look at their entire budget, and they would have to, start…
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