DENVER (KDVR) — Coloradans who count on the boost received from the Taxpayer Bill of Rights payments each spring will be out of luck for the upcoming tax season, according to two state senators.
State Senators Jeff Bridges, a Democrat, and Barbara Kirkmeyer, a Republican, sat down with FOX31's Matt Mauro on this week's "Colorado Point of View." Both seemed firm in their opinion that Coloradans will not see any TABOR refunds this coming spring.
"HR1 brought us below the TABOR refund limit, which means that there will be no TABOR refund next year because of HR1," Bridges said.
HR1, or the "Big, Beautiful Bill," was a congressional spending bill passed and signed into law earlier this year. On Wednesday, Colorado Gov. Jared Polis called a special session of Colorado's General Assembly and