Millions of taxpayers in Colorado will receive some of their hard-earned money back via rebate checks this year.
Gov. Jared Polis (D) announced that Colorado residents who filed their taxes before June 30 are set to receive $750 rebates, and joint filers will receive $1,500.
“We are providing real relief when Coloradans need it most,” Polis said.
“Everyone in our state is feeling the impact of rising costs, and I refuse to let the government sit on taxpayers’ money when it could be used to make life a little bit easier for the people of our state.”
The governor noted that the state’s “strong economy” enabled them to send “nearly double what we initially hoped” when he signed the Colorado Cashback tax rebate into law in April.
Colorado State Treasurer Dave Young echoed Polis’s sentiments: “We are getting money back to people as quickly as possible, providing much-needed relief to Coloradans and their families.”