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Senate Finance

Thursday, March 12, 2026·2h 19m·▶ Watch / Listen

Senate Finance advanced SB26-135, a referred measure asking voters to let the state keep revenue above the TABOR cap and steer it to schools, to Appropriations over three Republican no votes rooted in budget priorities. Opponent witnesses branded the bill a disguised, permanent elimination of TABOR refunds, while a long line of teachers described working multiple jobs and buying their own supplies.

Key Actions

·State Public K-12 Education FundingPassed

Notable Quotes

Bring me those cuts. Show me those cuts. 135 new programs. Bring them to me and tell me the ones you'd cut. Like, no joking. I have spent this week cutting health care for kids. I don't like doing that.

Jeff BridgesThe JBC sponsor's combative wrap-up, rebutting opponents who said the legislature should fund schools by trimming other programs rather than raising the cap.

+ 5 more quotes

Votes

Referred to Committee on AppropriationsAction
Yes (6)Julie Gonzales, Chris Kolker, Kyle Mullica, Marc Snyder, Janice Marchman, Cathy Kipp
No (3)Scott Bright, Lisa Frizell, Cleave Simpson
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TranscriptPreview
Finance will come to order. Ms. Rudebush, will you please call the roll here? Excused, excused. Here. Yep. Here, here, here. We have Senate Bill 135 ahead of us. Who would like to start? Senator Bridges. Thank you, Madam Chair. Colorado is trying to fund a 21st century education system under a fiscal cap written in 1992. And every year on the Joint Budget Committee, we feel the consequences. We make choices no one should have to make between classrooms and health care. Not because Colorado is failing, but because the rules we operate under haven't kept up with reality. Taber says we want to do more. We ask the voters. So that's what this bill does. It simply asks Coloradans a question. Do we want schools funded near the bottom of the country, or do we want schools that lead the nation? Because right now, Colorado ranks near the bottom nationally in what we invest in K12 public education. Not because Colorado doesn't value education. It's because our constitution artificially restricts our ability to invest in it. Colorado students are producing incredible results. Our teachers do heroic work every single day. Yet Colorado has some of the lowest paid
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