Colo. House kills tax review measure

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DENVER (AP) – The Colorado House has killed a bill that would have required annual review of millions of dollars in tax credits.

The proposal was killed Tuesday.

House Majority Leader Paul Weissmann, a Democrat from Louisville who sponsored the bill, says lawmakers should review the tax credits to see if they’re working.

Republicans saying it would put too much of a burden on businesses.

The state offers credits and exemptions on the severance tax, fuel tax, alcohol tax, income tax and sales and use taxes.

-Associated Press