Ballot Title Setting Board
2017-2018

The title as designated and fixed by the Board is as follows:

A change to the Colorado revised statutes concerning a requirement that all of the income of any individual, estate, or trust be taxed at one rate, and, in connection therewith, if an initiated 2018 statewide ballot measure is approved  that repeals the existing constitutional requirement that all taxable net income be taxed at one rate and that measure or another law imposes an income tax rate other than the current 4.63 percent rate on any  individual, estate, or trust income, requiring that tax rate to be imposed on all such income; and providing that any resulting revenue is a voter-approved revenue change exempt from any state revenue, spending, or other limitations in law.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be a change to the Colorado revised statutes concerning a requirement that all of the income of any individual, estate, or trust be taxed at one rate, and, in connection therewith, if an initiated 2018 statewide ballot measure is approved  that repeals the existing constitutional requirement that all taxable net income be taxed at one rate and that measure or another law imposes an income tax rate other than the current 4.63 percent rate on any  individual, estate, or trust income, requiring that tax rate to be imposed on all such income; and providing that any resulting revenue is a voter-approved revenue change exempt from any state revenue, spending, or other limitations in law?

Hearing April 18, 2018

Single subject approved; staff draft amended; titles set.
Hearing adjourned 10:35 AM.

* Unofficially captioned “Single Income Tax Rate” by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.