Bill phasing out Colorado biz tax could be in trouble
DENVER, Colorado ” A proposal to phase out Colorado’s business personal tax could be in trouble.
The Senate voted Monday to send the bill back to the Appropriations Committee, where it will face a vote on Tuesday. The bill narrowly survived a vote during its last visit there.
Bill opponent Sen. Al White was absent that time. The bill has now been amended to exclude eight counties that rely on the tax the most, including ones White represents in northwestern Colorado.
Senate Majority Leader Brandon Shaffer asked senators to send the bill back to appropriations because a $31,000 study has been added to it. He had also tried to do that last week but relented after Republicans and some Democrats objected.
On Monday he tried again and all but two Democrats backed the move.