With the current economic situation, a major focus of the state legislature this session has been the budget. According to the Rocky Mountain News, a bi-partisan-sponsored bill is expected to be introduced that would, if passed, do away with the Arveschoug-Bird 6% general fund spending limit, in place since 1991. For an explanation of how Arveschoug-Bird works, see the Office of Legislative Legal Services’ fact sheet on Arveschoug-Bird. I will post information on the bill as soon as it has been introduced, so check back here soon.
Enter your email address below to subscribe to our newsletter