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Senate debate centers on bill that would alter TABOR refunds tied to federal HR1 tax changes
Summary
Lawmakers debated House Bill 14-19 for more than an hour over whether the measure would legally allow the state to reduce future TABOR refunds by treating last year’s certified refund as an "overrefund" after federal tax changes. Sponsors say it corrects revenue; opponents cite nonpartisan staff warnings of legal risk.
House Bill 14-19, a proposal to revise the state’s handling of a 2024–25 TABOR refund, drew extended floor debate in the Colorado Senate on May 8.
Senator Phil Kirkmayer, speaking in opposition, said the bill would require the Office of the State Controller to “correct” accounting that nonpartisan staff and the auditor had certified as accurate, and warned that the Legislature would be asking staff to reverse a clean audit. “There is no error to correct,” Kirkmayer said, urging colleagues to reject a measure that, in his view, would expose the state to legal challenges and damage the…
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