Colorado Democrats are gearing up for another battle over the Taxpayer's Bill of Rights (TABOR), a constitutional amendment that limits the state's ability to raise taxes. In a move that is likely to spark controversy, lawmakers are planning to propose a constitutional amendment that would allow the state to redirect taxpayer refunds to K-12 education spending. The proposal would effectively bypass the TABOR cap, which currently requires the state to return any revenue exceeding the limit to taxpayers in the form of refunds. If passed, the amendment could bring in an estimated $1 billion in additional funding for Colorado schools.
Another TABOR fight: Democrats plan to redirect residents’ refunds to K-12 spending Colorado Politics
