Today, Colorado U.S. Senator Michael Bennet, the new chair of the U.S. Senate Finance Committee’s Subcommittee on Taxation and Internal Revenue Service (IRS) Oversight, questioned Danny Werfel, nominee for IRS Commissioner, on the recent clarification by the IRS that it would not tax Coloradans’ TABOR payments.

Today, Colorado U.S. Senator Michael Bennet released the following statement after meeting with TikTok CEO Shou Zi Chew:

Colorado U.S. Senators Michael Bennet and John Hickenlooper, and Colorado U.S. Representatives Joe Neguse and Brittany Pettersen welcomed an announcement from the U.S. Forest Service (USFS) of $37 million from the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) to mitigate wildfire risks in Colorado’s Arapahoe, Roosevelt and Pike-San Isabel National Forests.

Today, Colorado U.S. Senator Michael Bennet welcomed nearly $1 billion from the U.S. Department of Agriculture (USDA) and the U.S. Department of the Interior (DOI) to address the Western water crisis and to invest in environmentally-friendly farming practices.

Colorado U.S. Senators Michael Bennet and John Hickenlooper urged Centers for Medicare and Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure to ensure fertility services are covered for all benchmark health plans.

Today, Colorado U.S. Senator Michael Bennet, a member of the U.S. Senate Select Committee on Intelligence, released the following statement after the U.S. military shot down airborne objects over the United States and Canada:

Today, Colorado U.S. Senator Michael Bennet, the new chair of the U.S. Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight, released the following statement after the Internal Revenue Service (IRS) announced its decision not to tax Colorado Taxpayer’s Bill of Rights (TABOR) payments in 2022:

Colorado U.S. Senator Michael Bennet joined U.S. Senators Mark Warner (D-Va.) and Jerry Moran (R-Kan.) in reintroducing the Broadband Grant Tax Treatment Act (BGTTA) — legislation that would amend the Internal Revenue Code to ensure that funding for broadband deployment from the Bipartisan Infrastructure Law (BIL) and the American Rescue Plan (ARP) will not be considered taxable income.

Today, Colorado U.S. Senator Michael Bennet joined Colorado U.S. Representative Joe Neguse and the entire Colorado congressional delegation in calling on the Internal Revenue Service (IRS) to continue treating Colorado Taxpayer’s Bill of Rights (TABOR) revenue payments as nontaxable income – as has been precedent for the past thirty years.

Today, Colorado U.S. Senator Michael Bennet, the new chair of the Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight, released the following statement after his call with acting Internal Revenue Service (IRS) Commissioner Douglas O’Donnell: