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Top News In கொலராடோ செனட் நிதி குழு Today - Breaking & Trending Today

Colorado Senate advances legislative package that would overhaul state tax code


(The Center Square) – Colorado’s Senate Finance Committee advanced a pair of bills on Wednesday night that combine to overhaul the state’s tax code – bills that drew criticism from business and free market groups.
Both bills advanced by a 4-3 vote. Republican Sens. Paul Lundeen, R-Monument, Ray Scott, R-Grand Junction, and Dennis Hisey, R-Fountain voted against the package.
House Bill 21-1311 would expand the Child Tax Credit by limiting several common business tax deductions. Some deductions that would get the ax include food and beverage expenses at restaurants and limits on capital gains taxes.
According to
an analysis of the bill by the Legislative Council Staff, a nonpartisan arm of the General Assembly, the bill could raise as much as $57 million by fiscal year 2023. ....

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INSIGHTS | Colorado's wheels go round and round until highways fall off | Columnists


A funny thing happened at the Colorado Senate Finance Committee meeting last week. A transportation policy meeting broke out, carrying an environmental debate on its back.
And yet they we were talking about the Taxpayer’s Bill of Rights, climate change, carpool lanes, seed money for Front Range rail and kicking the can down the road into a pothole for nearly eight hours.
Welcome to the way Colorado handles a service every one of us depend on every day. That one hearing looked like a greatest hits collection of why we can’t have nice things.
Sen. Steve Fenberg is admirably pitching the most serious attempt I’ve seen in the 20 years I ve lived in this state to fill a deep hole in transportation needs, growth planning and collective cynicism. ....

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State Update: Colorado Senate Advances Amended Student Loan Ser...


State Update: Colorado Senate Advances Amended Student Loan Servicing Bill
Feedback from accounts receivable management industry stakeholders has influenced the bill’s progress. Nevada and Texas also recently advanced bills on medical debt and credit repair. Editor s note: This article is available for members only.
5/4/2021 7:00:00 PM
News, State
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter #4 | Troutman Pepper


Federal Activities:
On April 22, the Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James filed a complaint in federal court to seize a $1.6 million home that alleged a fraudulent transfer by the operator of a debt-collection scheme. The complaint asks the court to declare the transfer void and order the seizure and sale of the property to partially repay the debt-collector’s outstanding debt to the federal and state governments. For more information, click
On April 22, the U.S. Department of the Treasury, the Internal Revenue Service, and the Bureau of the Fiscal Service announced they are disbursing nearly two million payments in the sixth batch of American Rescue Plan Economic Impact Payments. For more information, click ....

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