Forecasts: Colorado Economy To Grow At Moderate Pace
DENVER (AP) — For the first time in recent memory, Colorado lawmakers may not have to balance state budgets while keeping an eye on revenue limits.
That’s according to forecasts presented Tuesday by legislative and executive branch economists.
A new law exempts payments made by hospitals from revenue caps set by the Taxpayer’s Bill of Rights, the 1992 constitutional amendment that limits what the state can receive in taxes.
Hospitals get federal matching grants for those paymen
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