Results for Proposed Initiative #22

Ballot Title Setting Board
2023-2024

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

There shall be a reduction to the state sales and use tax rate by 0.61 percent, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited to education, health care policy and financing, and higher education by an estimated $101.9 million in tax revenue, by a change to the Colorado Revised Statutes concerning a reduction in state sales and use taxes, and, in connection therewith, reducing the state sales and use tax rate from 2.90 percent to 2.89 percent from July 1, 2024, through June 29, 2025, and eliminating the state sales and use tax for one day on June 30, 2025.

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

Shall there be a reduction to the state sales and use tax rate by 0.61 percent, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited to education, health care policy and financing, and higher education by an estimated $101.9 million in tax revenue, by a change to the Colorado Revised Statutes concerning a reduction in state sales and use taxes, and, in connection therewith, reducing the state sales and use tax rate from 2.90 percent to 2.89 percent from July 1, 2024, through June 29, 2025, and eliminating the state sales and use tax for one day on June 30, 2025?

Hearing April 5, 2023

Single subject approved; staff draft amended; titles set.
Board members: Theresa Conley, Kurt Morrison, Ed DeCecco
Hearing adjourned 10:52 AM.

Rehearing April 19, 2023

Motion for rehearing (Proponents) denied in its entirety.
Motion for rehearing (Grueskin) granted only to the extent that the Board made changes to the title to reflect the revised fiscal summary that was approved by the board.
Board members: Theresa Conley, Ed DeCecco, Eric Meyer
Hearing adjourned 10:34 AM.

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