SB 25-173 CO

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Became Law

Section 20 of article X of the state constitution (TABOR) defines "fiscal year spending" as not including either "damage awards" or "property sales". Although TABOR does not define either "damage award" or "property sale", the TABOR implementing statutes do. The act clarifies both of these definitions for state fiscal years commencing on or after July 1, 2024. The act 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 certain fines and monetary penalties imposed by the state. The act also clarifies that "property sale", 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 certain specified types of sales by the state. (Note: This summary applies to this bill as enacted.)

• Mike Weissman Democratic · primary
• Lorena García Democratic · primary
• Yara Zokaie Democratic · primary

1. Jun 4, 2025 Governor Signed · executive
2. May 2, 2025 Sent to the Governor · executive
3. May 2, 2025 Signed by the Speaker of the House · lower
4. May 1, 2025 Signed by the President of the Senate · upper
5. Apr 29, 2025 Senate Considered House Amendments - Result was to Concur - Repass · upper
6. Apr 28, 2025 House Third Reading Passed - No Amendments · lower
7. Apr 25, 2025 House Second Reading Special Order - Passed with Amendments - Committee · lower
8. Apr 15, 2025 House Second Reading Laid Over Daily - No Amendments · lower
9. Apr 11, 2025 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
10. Apr 3, 2025 House Committee on Finance Refer Unamended to Appropriations · lower
11. Mar 19, 2025 Introduced In House - Assigned to Finance · lower
12. Mar 19, 2025 Senate Third Reading Passed - No Amendments · upper
13. Mar 18, 2025 Senate Second Reading Passed with Amendments - Floor · upper
14. Mar 14, 2025 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
15. Mar 6, 2025 Senate Committee on Finance Refer Unamended to Appropriations · upper
16. Feb 20, 2025 Introduced In Senate - Assigned to Finance · upper