Results for Proposed Initiative #40

Ballot Title Setting Board
2023-2024

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

A change to the Colorado Revised Statutes concerning conditional authority for the state to retain and spend excess state revenue, as a voter-approved revenue change, and, in connection therewith, permitting the state to retain and spend excess state revenue if there is a reduction in property tax revenue resulting from a statewide revision of the laws and policies governing property taxation and requiring any retained state revenue to be used to offset reduced funding for school districts and for local governments that provide fire protection or water conservation services.

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 conditional authority for the state to retain and spend excess state revenue, as a voter-approved revenue change, and, in connection therewith, permitting the state to retain and spend excess state revenue if there is a reduction in property tax revenue resulting from a statewide revision of the laws and policies governing property taxation and requiring any retained state revenue to be used to offset reduced funding for school districts and for local governments that provide fire protection or water conservation services?

Hearing April 19, 2023

Single subject approved; staff draft amended; titles set.
Board members: Theresa Conley, Ed DeCecco, Eric Meyer
Hearing adjourned 1:57 PM.

* Unofficially captioned "Authorization to Retain Excess State Revenue" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.