HB 1419: Over-Refund of Excess State Revenues
HB 1419 status: Enacted — Governor Signed (updated Jun 3, 2026).
What this bill does
Overall score
Bill summary
OfficialSection 20 of article X of the state constitution (TABOR) imposes a limitation on the amount of state fiscal year spending. If state fiscal year spending exceeds that limitation, the state is required to refund the amount of state fiscal year spending in excess of that limitation (TABOR refund). Under current law, if t...
Key analysis
Impact analysis
Environment
Benefits
- No identified material effect on environmental policy.
Risks
- No identified material effect on environmental policy.
Economy
Benefits
- Improves state fiscal accuracy and accounting alignment.
- Prevents abrupt fiscal shocks by capping repayment at 50% per year.
Risks
- Reduces the total amount of future TABOR refunds for taxpayers.
- Introduces complexity into state refund calculations.
Society
Benefits
- Maintains fiscal responsibility through structural adjustment.
Risks
- Reduces expected direct cash disbursements to citizens.
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Taxpayers may see smaller-than-expected future TABOR refunds due to the recoupment process.
Analysis based on summary; full bill text was not provided.
Where it stands
Introduced
CompleteCommittee
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