Getting your player ready...
DENVER—The Colorado House has approved a proposal by Gov. Bill Ritter and Democratic lawmakers to remove a 6 percent limit on growth in general fund spending and replace it with limits based on personal income growth.
Current state law allows the total general fund budget—which covers such big-ticket items as public schools, prisons and higher education—to grow by 6 percent a year. If the law passes, that cap would be replaced with higher spending limits.
The bill now goes back to the Senate for consideration of amendments.
