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Joint Budget Committee [Feb 20, 2026 - Upon Adjournment]

Joint Budget Committee

The Joint Budget Committee heard a packet of legislative-branch requests and two major presentations: a staff briefing on the governor's "Statewide R2" TABOR refund correction proposal and a Budget Stress Test showing the state's structural gap and reserve risks. Staff recommended not sponsoring the R2 correction because of accounting and legal uncertainty and highlighted the need for structural changes to obligations or revenues.

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