Post by Logan on May 7, 2017 5:49:54 GMT -6
New funding plan unfurled for critical state services with only days left in Colorado legislative session
Despite a dramatic back-and-forth Monday over a plan to free money for critical state services, legislative leaders said Monday they are close to a compromise.
The proposal would create a 20-year bond program to direct $1.8 billion towards critical infrastructure, including roads and such highway projects as improvements to Interstate 25. The first iteration of the legislation started with a $1.35 billion bond program.
Lawmakers have just days left in the legislative session to strike a deal and advance a bill to the governor.
An agreement has been reached on the state spending limit portion of the bill, which would be lowered by $200 million, thereby triggering taxpayer rebates faster. It had been the largest sticking point in the debate.
Read more: gazette.com/new-funding-plan-unfurled-for-critical-state-services-with-only-days-left-in-colorado-legislative-session/article/1602190
Despite a dramatic back-and-forth Monday over a plan to free money for critical state services, legislative leaders said Monday they are close to a compromise.
The proposal would create a 20-year bond program to direct $1.8 billion towards critical infrastructure, including roads and such highway projects as improvements to Interstate 25. The first iteration of the legislation started with a $1.35 billion bond program.
Lawmakers have just days left in the legislative session to strike a deal and advance a bill to the governor.
An agreement has been reached on the state spending limit portion of the bill, which would be lowered by $200 million, thereby triggering taxpayer rebates faster. It had been the largest sticking point in the debate.
Read more: gazette.com/new-funding-plan-unfurled-for-critical-state-services-with-only-days-left-in-colorado-legislative-session/article/1602190