A storm system will begin to impact Southern Colorado by late Friday morning. Mountain locations will simply see snow, but lower elevations will see rain eventually change to snow by later Friday afternoon. Locations that are higher in elevation will see the heaviest snow, due to them seeing cooler temperatures. So, Teller County, far northwest El Paso County, and the Wet & Sangre de Cristo Mountains will likely see several inches of wet snow. The major cities will see far less amounts and the storm will exit toward early Saturday morning.
Governor Owens and legislative leaders are postponing all legislation on tax credits until November.
That's when voters will decide whether to give up more than three billion dollars in tax surplus refunds over the next five years.
Democratic Senate President Joan Fitz-Gerald says Owens and legislative leaders wanted to avoid giving voters the impression that lawmakers were trying to spend the money on special interests before they get it.
Tax credits have been sharply criticized by Democrats, who say Owens used 18 tax credits starting in 1999 to reward his supporters out of the state's tax surplus.
Lawmakers say if voters approve their plan in November, all the tax credits based on the tax surplus would be suspended for five years or until surpluses return. That had prompted a flurry of bills seeking to latch on to refund dollars.
Owens and leaders from both parties have put together a November ballot initiative intended to solve the state's fiscal crisis, which many blame on the taxpayer refunds and other requirements of the Taxpayer's Bill of Rights.