Colorado’s $19.2B budget becomes law
DENVER, Colorado ” Gov. Bill Ritter has signed Colorado’s new $19.2 billion budget into law.
Ritter said Friday the budget included some tough choices because of the recession. But he said it still protects priorities like health care, education and economic development.
The budget is for the new fiscal year that starts July 1.
The budget depends on a number of other bills that are still making their way through the Legislature, including a bill that would impose a sales tax on cigarettes. All of those bills have to be passed before lawmakers adjourn for the session next week in order to balance the budget.
Ritter praised lawmakers who worked on the budget. But he did veto several portions, including a provision allowing state colleges and universities to raise tuition above 9 percent.
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