House Bill 1335: Colorado's sweetheart tax credits breaking the bank - Complete Colorado

House Bill 1335: Colorado's sweetheart tax credits breaking the bank - Complete Colorado

Governor Polis recently signed into law a Joint Budget Committee (JBC) sponsored bill that changes the availability of two of the state’s most significant tax credits.  House Bill 25-1335 was prompted by a pair of cautious forecasts conducted by the Legislative Council Staff (LCS) and the Governor’s Office of State Planning and Budgeting (OSPB) in March.  Despite its best intentions, the bill could end up exacerbating future budget shortfalls, w…