Thursday, April 14, 2011

State House passes budget for 2011-12

Posted By on Thu, Apr 14, 2011 at 4:41 PM

It was a long night Wednesday, but it came to an end with the Colorado House agreeing to pass the 2011-12 state budget.

Republicans, who control the House by a single seat, considered the budget a clear-eyed and responsible spending plan. It passed Thursday morning in its final reading by a 50 to 14 vote.

It passed the Senate earlier this week on 30 to 5 vote, gaining the support of many Republicans who had never voted to approve a budget before, as the Denver Post reported:

Both parties in the Senate made a deal with House
Republicans that included reducing proposed spending cuts to K-12
education while restoring a few tax breaks for businesses.
But House Democrats didn't appear to be fully on board with the plan
Wednesday. They offered more than two dozen amendments to restore
funding for a variety of programs such as K-12 education and health
care.
All those amendments failed.The cuts to K-12 amount to $250
million.

Rep. Mark Waller, R-Colorado Springs, was pleased with the vote this
morning. And for good reason: The budget included some GOP-sought compromises:

The plan also includes restoration of tax breaks on
non-packaged software and agricultural products that were eliminated
during budget balancing last year, and it restores two-thirds of the
3.3 percent vendor fee businesses are allowed to keep for calculating
and remitting sales taxes.

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