THE GOVERNOR'S  NEWSLETTER

December 31, 2024

Wishing You a Happy New Year

🏠 Creating More Housing Coloradans Can Afford

• Reducing regulations for homeowners who want to build Accessory Dwelling Units and removing outdated occupancy limits
• Supporting housing near transportation and discouraging frivolous lawsuits that delay housing projects
• Allowing seniors to downsize while keeping tax benefits
• Cutting unnecessary parking requirements that drive up housing costs
• Planning for sustainable, affordable growth for future generations 

🚆 Expanding Transit to Save Coloradans Money

• Releasing the Colorado Transportation Vision: 2035
• Funding clean transportation and land restoration via oil and gas production fees while strengthening pollution reduction and air quality goals
• Supporting Front Range Passenger Rail and Mountain Rail
• Making public transit free for youth and supporting Zero Fare for Cleaner Air

🍎 Investing in Colorado Students and Educators While Saving Families Money

• Growing from 26th to 7th in preschool enrollment nationally, serving more than 85,000 eligible four-year-olds through the second year of our Universal Free Preschool program
• Fully funding schools by eliminating the Budget Stabilization Factor and updated the school finance formula for the first time in 30 years
• Making the first two years at public colleges free for families earning up to $90,000 per year
• Establishing Colorado's third medical school while strengthening healthcare and veterinary workforces

✂️ Cutting Taxes and Saving Coloradans Money

• Ending the property tax wars and saving Coloradans money on property taxes as well as delivering the largest income and sales tax rate reductions for Coloradans
• Giving families tax credits to help them thrive and increasing the Earned Income Tax Credit to support working families
• Providing support to critical child care and health care workers

🛡️ Making Colorado One of the Ten Safest States

• Giving the Colorado Bureau of Investigation (CBI) the tools to stop illegal gun activity across the state
• Strengthening protections against human trafficking and enhancing protections for victims of sexual assault
• Creating gun-free schools and other public spaces and allowing law enforcement to identify concerning firearm purchases
• Reducing auto-theft with $8 million in funding going toward these plans in the state budget

🌄 Protecting Colorado’s Future and Achieving 100% Renewable Energy by 2040

• I’m proud to have brokered a historic agreement to make major progress in air quality and ozone protection.
• I doubled down on my commitment to securing Colorado’s water future by ensuring Colorado’s access to clean water.
• My administration and I took steps to break down barriers and reduce costs to build a more resilient and affordable grid. 
• Colorado’s EV Tax Credit has saved Coloradans thousands every year, and Colorado is now #1 in EV Sales.
• Colorado deployed state and federal incentives to help Coloradans switch to cleaner energy and access valuable rebates and tax credits. The State also empowered local communities to save Coloradans money by adopting efficient alternatives to natural gas.
• Colorado is supporting local and Tribal governments and industry with siting and permitting of renewable energy projects.

⚛️ Leader in Technology and Innovation

• I’m proud to have signed legislation to provide $74 million dollars for fully refundable quantum tax credits.
• Colorado was designated as the Quantum Tech Hub and chosen to receive $40.5 million in funding by the Economic Development Administration.

There is much to celebrate.
Here are a few more things we’ve achieved: