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 modification of the state income tax system, and, in connection therewith, reducing the state income tax rate from 4.63% to 4% over a 12 year period; repealing all current state income tax credits; allowing each adult full-year resident taxpayer to claim a state income tax credit of up to an equal share of the sum of all state income tax credits in 2018 plus all state tobacco settlement revenue, all state registration fees over $10 per vehicle, all non-federal revenue to state enterprises started after 2000 without voter approval, and all excess state revenue retained as authorized by state voters in 2005; simplifying state income tax returns; and changing procedures for the collection, enforcement, and administration of state income tax.

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 modification of the state income tax system, and, in connection therewith, reducing the state income tax rate from 4.63% to 4% over a 12 year period; repealing all current state income tax credits; allowing each adult full-year resident taxpayer to claim a state income tax credit of up to an equal share of the sum of all state income tax credits in 2018 plus all state tobacco settlement revenue, all state registration fees over $10 per vehicle, all non-federal revenue to state enterprises started after 2000 without voter approval, and all excess state revenue retained as authorized by state voters in 2005; simplifying state income tax returns; and changing procedures for the collection, enforcement, and administration of state income tax?

Hearing November 15, 2017

Single subject approved; staff draft amended; titles set.
Hearing adjourned 11:00 AM.

Rehearing December 6, 2017

Motion for Rehearing granted only to the extent that the Board made changes to the titles.
Hearing adjourned 11:31 AM.

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