Ballot Title Setting Board
2019-2020
The title as designated and fixed by the Board is as follows:
A change to the Colorado Revised Statutes to create an out-of-school learning opportunities program for Colorado children, and, in connection therewith, providing parent-directed financial aid to be used for out-of-school learning opportunities such as tutoring, supplemental instruction in core subjects, support for students with special needs, language programs, art and music, and career and technical education training; requiring the award of financial aid to prioritize low-and middle-income students; creating a state agency independent of the department of education to oversee the program and to select a nonprofit to administer the program; repealing the program in 2035; allowing a state income tax credit of 100% of a taxpayer's contribution to fund the program; and temporarily limiting, until 2035, the state income tax net operating loss deduction for corporations by an amount set annually by the department of revenue to offset, as nearly as practicable, the tax revenue loss resulting from the allowed income tax credit.
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 to create an out-of-school learning opportunities program for Colorado children, and, in connection therewith, providing parent-directed financial aid to be used for out-of-school learning opportunities such as tutoring, supplemental instruction in core subjects, support for students with special needs, language programs, art and music, and career and technical education training; requiring the award of financial aid to prioritize low-and middle-income students; creating a state agency independent of the department of education to oversee the program and to select a nonprofit to administer the program; repealing the program in 2035; allowing a state income tax credit of 100% of a taxpayer's contribution to fund the program; and temporarily limiting, until 2035, the state income tax net operating loss deduction for corporations by an amount set annually by the department of revenue to offset, as nearly as practicable, the tax revenue loss resulting from the allowed income tax credit?
February 19, 2020 - Hearing
Single subject approved; staff draft amended; titles set. Hearing adjourned 6:11 PM.
March 4, 2020 - Rehearing
Motion for Rehearing denied except to the extent that the Board made changes to the titles. Hearing adjourned 10:53 AM.
* Unofficially captioned "State Out-of-School Learning Opportunities Program" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.