$100 Election Refund 2024 – Know TABOR Eligibility & Payment Date Check

By Tej K

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We came across multiple speculations concerning $100 Election Refund 2024,  during our investigation, we were able to finalize that residents of Mesa County, Colorado, will be issued a refund due to surplus revenue generated from the 111,839 active registered voters. This action is in accordance with the stipulations of the Taxpayer’s Bill of Rights (TABOR), which was ratified by the electorate. TABOR imposes restrictions on the increase of government revenue and mandates that any surplus funds be returned to the taxpayers.

Mesa County is issuing refunds to its 114,839 active registered voters due to the surplus revenues collected, in accordance with the provisions of the Taxpayer’s Bill of Rights (TABOR) approved by voters. TABOR imposes restrictions on the growth of government revenues and mandates that any excess funds be returned to the taxpayers. Colorado Department of Revenue will be providing the relevant updates concerning  Election Refund 2024, on the official online portal www.tax.colorado.gov. All the interested citizens can easily assess the updated information once all the payments with technicalities are verified.

$100 Election Refund 2024

We encountered various speculations regarding the $100 Election Refund 2024 through our investigation, we were able to reach a conclusion that in the year 2023, Mesa County accrued approximately $11,492,270 million in revenue that exceeded the TABOR limit. Each active voter aged 18 and older as of November 25, 2024, will be eligible to receive a refund of $100. The County plans to commence the distribution of refund checks during the week of December 16, 2024. In the previous fiscal year, Mesa County accrued roughly $11.49 million in excess of the revenue cap set by TABOR. This considerable surplus necessitated a response from the local government in alignment with the stipulations of the law.

Consequently, every active voter aged 18 and older, who is registered by November 25, 2024, will qualify for a $100 refund. This action not only adheres to TABOR regulations but also underscores the county’s dedication to its constituents. The initiation of these refunds commenced on December 16, 2024, representing a pivotal event for the community. The act of reimbursing citizens underscores the significance of collective decision-making and highlights the role of measures such as TABOR in upholding a balanced fiscal strategy. The county demonstrates its dedication to transparency and accountability by refunding excess funds to taxpayers. All the details concerning $100 Election Refund 2024 are always provided by the Colorado Department of Revenue at www.tax.colorado.gov 

www.tax.colorado.gov Election Refund 2024 :Overview

EVENTSDETAILS
Post Title$100 Election Refund 2024, Know TABOR Eligibility
Department NameColorado Department of Revenue 
TAVOR Taxpayer’s Bill of Rights
Applicable Country Mesa (Colorado)
Fact Check Unverified 
Category Finance 
Official Web Link www.tax.colorado.gov

The information provided in this post regarding the $100 Election Refund 2024, Know TABOR Eligibility, can be readily confirmed by accessing the official website of the Social Security Administration at www.tax.colorado.gov.

History Of Taxpayer’s Bill Of Rights

The Taxpayer’s Bill of Rights (TABOR) Amendment received voter approval in 1992.This constitutional amendment for the State of Colorado primarily restricts the revenue that state governments are permitted to retain and utilize. In the event that voter consent is not obtained, any excess revenue is required to be refunded to the taxpayers. Additionally, TABOR mandates that certain tax increases must also receive voter approval. The revenue limit established by TABOR is typically calculated as the previous fiscal year’s limit adjusted for inflation and population growth in Colorado, with a minimum threshold that requires voter endorsement. For further details regarding TABOR, please refer to the Legislative Council’s TABOR webpage.

Election Refund 2024 Check Who Qualifies

As per our analysis, the $100 Election Refund 2024 can be claimed easily by satisfying the below listed expected qualification requirements.

  • An individual interested to claim $100 Election Refund 2024 must be holding a legitimate residency status in Mesa (Colorado).
  • The applicant must be from a moderate income background who contributed in any way during the elections.

Income Eligibility- $100 Election Refund 2024

All citizens filing a 2024 income tax return will claim an automatic temporary deduction in the income tax rate, which will eliminate from 4.40% to 4.25%. Colorado residents who meet the eligibility criteria for the entirety of 2024 may apply for this refund by submitting either a 2024 Colorado Individual Income Tax Return or a 2024 Property Tax/Rent/Heat (PTC) Rebate Application. The submission must be completed by the deadline of October 15, 2025. For details regarding the different refund amounts available, please consult the table below.

ADJUSTED AGISINGLE FILERJOINT FILER
Up to $53,000$177$354
$53,001- $105,000$240$480
105,001- $166,000$277$554
$166,001- $233,000$323$646
$233,001- $302,000$350$700
Above $302,001$565$1,130

$100 Election Refund 2024- Facts 

We encountered various speculations regarding the $100 Election Refund 2024 through our investigation, we were able to reach a conclusion that in the year 2023, Mesa County accrued approximately $11,492,270 million in revenue that exceeded the TABOR limit. Each active voter aged 18 and older as of November 25, 2024, will be eligible to receive a refund of $100. Mesa County is issuing refunds to its 114,839 active registered voters due to the surplus revenues collected, in accordance with the provisions of the Taxpayer’s Bill of Rights (TABOR) approved by voters.

FAQs For $100 Election Refund 2024

What is the minimum limit for single filers earning up to $53,000?

An individual earning up to $53,000 may get approx $177.

Where the details concerning $100 Election Refund 2024 can be verified officially? 

Each and every update concerning $100 Election Refund 2024 can easily be verified by consulting the official website of Colorado Department of Revenue at www.tax.colorado.gov

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