Results for Proposed Initiative #22

Ballot Title Setting Board
2017-2018

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

STATE DEBT SHALL BE INCREASED $3,500,000,000, WITH A MAXIMUM REPAYMENT COST OF $5,200,000,000, WITHOUT RAISING TAXES, BY A CHANGE TO THE COLORADO REVISED STATUTES REQUIRING THE ISSUANCE OF TRANSPORTATION REVENUE ANTICIPATION NOTES, AND, IN CONNECTION THEREWITH, NOTE PROCEEDS SHALL BE RETAINED AS A VOTER-APPROVED REVENUE CHANGE AND USED EXCLUSIVELY TO FUND SPECIFIED ROAD AND BRIDGE EXPANSION, CONSTRUCTION, MAINTENANCE, AND REPAIR PROJECTS THROUGHOUT THE STATE.

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

SHALL STATE DEBT BE INCREASED $3,500,000,000, WITH A MAXIMUM REPAYMENT COST OF $5,200,000,000, WITHOUT RAISING TAXES, BY A CHANGE TO THE COLORADO REVISED STATUTES REQUIRING THE ISSUANCE OF TRANSPORTATION REVENUE ANTICIPATION NOTES, AND, IN CONNECTION THEREWITH, SHALL NOTE PROCEEDS BE RETAINED AS A VOTER-APPROVED REVENUE CHANGE AND USED EXCLUSIVELY TO FUND SPECIFIED ROAD AND BRIDGE EXPANSION, CONSTRUCTION, MAINTENANCE, AND REPAIR PROJECTS THROUGHOUT THE STATE?

Hearing April 19, 2017

Single subject approved; staff draft amended; titles set.
Hearing adjourned 10:01 AM.

Rehearing April 28, 2017

Motion for Rehearing denied except to the extent that the Board made changes to the titles.
Hearing adjourned 1:57 PM.

* Unofficially captioned “Authorize Bonds for Transportation Projects” by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.