SB 42: Revenue Classification Taxpayers Bill of Rights

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Section 20 of article X of the state constitution (the Taxpayer's Bill of Rights or TABOR) defines 'fiscal year spending' as excluding 'collections for another government' and 'damage awards'. Although TABOR does not define either 'collections for another government' or 'damage awards', the TABOR implementing statutes define both terms. The act clarifies both of these definitions for state fiscal years commencing on or after July 1, 2025.     The act clarifies that 'collections for another government', as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes:Revenue from the excise tax and sales and use tax on gasoline used as fuel for the propulsion of specified aircraft that is collected by the state and distributed to governmental or airport entities operating a federal aviation administration-designated public use airport; andRevenue from fees that are collected by the department of public safety for the purpose of criminal history record checks and that is transmitted to the federal bureau of investigation for a required federal component of such criminal history record checks.     The act also clarifies that 'damage award', as used for the purpose of determining whether specific money received by the state is subject to the TABOR limitation on state fiscal year spending, includes money from certain sources that is deposited in the crime victim compensation fund of each judicial district.     The act specifies that for fiscal years commencing on or after July 1, 2026, the general assembly shall appropriate money to the district attorney in each judicial district in an amount equal to 20% of the total amount of money in the fund in that judicial district for administrative costs and to the court executive in each judicial district in an amount equal to 2.5% of the total amount of money in the fund in that judicial district for administrative costs.     For the 2026-27 state fiscal year, the act appropriates $2,250,000 from the general fund to the judicial department for use by state courts administration for victim's compensation administration.(Note: This summary applies to this bill as enacted.)

Sponsors

Sponsors by party (alphabetical): Democratic 20

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. May 29, 2026Governor Signed
2. May 22, 2026Signed by the President of the Senate
3. May 22, 2026Signed by the Speaker of the House
4. May 22, 2026Sent to the Governor
5. May 13, 2026Senate Considered House Amendments - Result was to Concur - Repass
6. May 9, 2026House Third Reading Passed - No Amendments
7. May 8, 2026House Committee on Appropriations Refer Amended to House Committee of the Whole
8. May 8, 2026House Second Reading Special Order - Passed with Amendments - Committee
9. April 27, 2026House Committee on Finance Refer Amended to Appropriations
10. April 22, 2026Senate Third Reading Passed - No Amendments
11. April 22, 2026Introduced In House - Assigned to Finance
12. April 21, 2026Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole

Showing 12 most recent of 15 actions. Full history