federal mineral lease revenues
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December revenue forecasts begin to look at impact of federal tax law on Colorado
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While Colorado’s economy is still on the upswing, state economists are waiting to see what comes out of Washington, D.C., in the weeks and months ahead, and how federal tax reform legislation will affect Colorado’s coffers. But the news looks good for possible funding bumps for transportation, one of the major issues left behind in…
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Colorado could lose millions in mineral lease revenues under tax bill
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Hundreds of Colorado cities, counties and school districts could lose as much as $21 million in mining payments if the Republican Tax Cuts and Jobs Act working its way through Congress passes in its current form. That’s the claim by the left-leaning Center for American Progress, which last week reported the tax bill would balloon…