The House gave preliminary approval to the budget plan Wednesday night and lawmakers are scheduled to take a final vote Thursday.
Republicans say it’s the best budget proposal they’ve seen in years. It restores a tax rebate to retailers for collecting sales tax and a waiver on sales taxes on agricultural products. A tax on software downloaded online will also be repealed.
The budget also includes a $250 million cut to K-12 education. Democratic Gov. John Hickenlooper initially called for a $332 million reduction to education but Republicans and Democrats in the Senate agreed to reduce the cut.