Results for Proposed Initiative #130

Ballot Title Setting Board
2021-2022

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

There shall be a reduction to the state income tax by 0.33%, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited to health and human services programs, K-12 education, and corrections and judicial operations by an estimated $38,400,000 in tax revenue, by a change to the Colorado Revised Statutes to reduce the state income tax rate from 4.55% to 4.54%.

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

Shall there be a reduction to the state income tax by 0.33%, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited to health and human services programs, K-12 education, and corrections and judicial operations by an estimated $38,400,000 in tax revenue, by a change to the Colorado Revised Statutes to reduce the state income tax rate from 4.55% to 4.54%?

Hearing April 21, 2022

Single subject approved; staff draft amended; titles set.
Board members: Theresa Conley, Jason Gelender, Kurt Morrison
Hearing adjourned 4:42 PM.

Rehearing April 28, 2022

Motion for Rehearing granted only to the extent that the Board made changes to the titles.
Board members: Theresa Conley, Jason Gelender, Kurt Morrison
Hearing adjourned: 11:59 AM.

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