across Colorado

Governor Polis signs bill to simplify Colorado’s tax code

PROMO Government - Taxes Money Calculator Word Blocks - iStock - LIgorko

(The Center Square) - Colorado Governor Jared Polis signed a bill Thursday that makes several changes to Colorado's tax code.

The bill, Senate Bill 22-032, prohibits local jurisdictions from charging fees for general business licenses to retailers who already hold a standard license and requires the Department of Revenue to consult with business owners to address any "reasonable concerns" they may have about taxes, according to the bill's text.

Feds offering 80% less in oil and natural gas lease sales, increasing royalty rate

PROMO Energy - Oil Pump Rig - iStock - Karina Movsesyan

The U.S. Department of Interior announced it is making only 20 percent of eligible acreage for oil and natural gas production available for leasing on federal lands to comply with a federal court order.