Economy

Sens. Rankin and Hansen

Legislature approves property tax cuts for 2023 and 2024, sending bill to governor

BY: - May 10, 2022

Colorado state representatives approved legislation to temporarily cut property taxes, voting unanimously Friday to send the bill to the governor’s desk. Senate Bill 22-238 would temporarily reduce residential and commercial property tax assessment rates, providing $700 million in savings over two years for Colorado homeowners and businesses. Lawmakers and Gov. Jared Polis, who first announced […]

Is Colorado’s housing market ready for crypto transactions?

BY: - May 9, 2022

The owners of a pair of homes listed for sale in Colorado are asking for cryptocurrency in exchange for the properties, which raises the question about whether Colorado’s housing market is ready to embrace such transactions. One of the properties is a nearly 7,000-square-foot penthouse located at 2245 Blake St. in downtown Denver that is […]

Bernie Sanders at U.S. Senate hearing rips Amazon over union opposition

BY: - May 5, 2022

WASHINGTON — Vermont Sen. Bernie Sanders took Amazon to task Thursday at a congressional hearing, bashing the online giant’s leadership for fighting union drives and questioning whether the federal government should continue contracting with the multibillion-dollar company.  Amazon executives didn’t attend the hearing but U.S. senators did hear from labor unions and the U.S. Government […]

Jared Polis

$700M property tax relief package unveiled by Gov. Polis, state lawmakers

BY: - May 3, 2022

Gov. Jared Polis joined a group of state lawmakers to unveil a much-anticipated, last-minute proposal to provide temporary property tax relief for Colorado homeowners. The legislation announced Monday would provide $700 million of relief over two years as Colorado homeowners prepare to see their property tax bills grow significantly. According to a recent analysis by […]

As coal burning goes away in Colorado, money for coal workers goes up

BY: - April 30, 2022

Lawmakers in the Colorado General Assembly are poised to pass another round of funding for the state’s efforts to ensure a “just transition” for coal workers impacted by the shift to clean energy — and are again winning bipartisan support for the workforce and community grant programs that Republicans once decried as “Orwellian,” “egregious” and “offensive.” […]

EPA issues waiver for sales of 15 percent ethanol blend during summer driving season

BY: - April 29, 2022

WASHINGTON — The EPA issued a fuel waiver Friday afternoon to allow for a heightened ethanol gasoline blend to be sold at service stations this summer, an attempt by the Biden administration to lower soaring fuel prices.  In a letter to Minnesota Gov. Tim Walz, EPA administrator Michael S. Regan wrote that the waiver will […]

Democratic leaders in Congress want more power for regulators over high gasoline prices

BY: - April 28, 2022

WASHINGTON — Democratic leaders in Congress critical of soaring gasoline prices say they will push legislation to allow the U.S. Federal Trade Commission and state attorneys general to go after oil companies that engage in price gouging in times of crisis.  “Big oil has profited in this (and) has exploited the market,” House Speaker Nancy […]

Jared Polis

$400 refunds to go to Colorado taxpayers this summer, state leaders announce

BY: - April 25, 2022

Democratic state lawmakers plan to send $400 checks to Colorado taxpayers this summer, Gov. Jared Polis announced at a Monday news conference. The refunds — which are required under the Colorado Constitution, but normally go out in different ways — will lighten the burden of crushing inflation, state leaders said. The Denver-Aurora-Lakewood consumer price index, which accounts […]

COMMENTARY
Colorado Capitol

Finally, Colorado makes historic investments in resolving homelessness

BY: - April 22, 2022

There’s excitement for advocates like me who are focused on resolving and preventing homelessness for the far too many Coloradans forced to experience it. First, the state House overwhelmingly passed on a bipartisan vote of 54-8 House Bill 22-1083, which provides an expansion to a tax credit program to nonprofit providers who create programs and […]

mobile preschool

Colorado child care proposal includes informal ‘family, friend and neighbor’ providers

BY: - April 21, 2022

In one of the most expensive states for child care, Colorado lawmakers want to invest about $100 million of the federal COVID-19 relief money they received last year into expanding available spots at care centers. Bipartisan legislation unveiled Wednesday would also include funding and training for the informal and unlicensed “family, friend and neighbor” providers […]

electric vehicle charging

EVs are coming to Colorado. This bill would require charging stations at new large buildings.

BY: - April 20, 2022

Over protests from Republicans, the Colorado House advanced a policy to require electric vehicle charging equipment at large residential and commercial buildings. The latest version of House Bill 22-1218, sponsored by Rep. Alex Valdez, a Denver Democrat, would require new commercial buildings above a certain size to have electric vehicle charging for at least 10% […]

COMMENTARY

Recreational marijuana sales would empower Colorado Springs residents to invest tax revenue at home

BY: - April 20, 2022

Municipalities across Colorado enjoy substantial tax revenues from the sale of recreational marijuana, monies that pay for critical services like public safety, mental health counseling and infrastructure construction. But residents of the state’s second-largest city, Colorado Springs, fail to benefit from recreational marijuana taxes because the city forbids recreational cannabis sales. The ban’s most consequential […]