Give voters a choice in November.
It's up to us. In Colorado, when state revenues grow faster than inflation plus growth (like now), the legislature is not allowed to keep and invest all the revenues that it collects under our current tax rates. Unless voters act, funds above the revenue limit have to be held back and rebated to taxpayers—even if that requires deeper cuts to schools, higher education and other essential public services. Other states can grow and invest in their infrastructure during prosperous times. Colorado cannot do so without a vote of its citizens. These proposals follow the state's requirement to ask voters to allow the legislature to keep and and invest revenue generated under the existing tax rates.
- What is the final language approved for the ballot initiative?
- What are the next steps following the April 6 Title Board meeting?
- What is the language set by the Title Board for the measures?
- What is the difference between the multiple proposals filed?
- Will more than one proposal related to keeping and investing revenue make it on November’s ballot?
What's the proposal?
The proposals will allow the state to invest in education, transportation, mental health services and senior services without raising taxes.
Just the facts ...
The proposals follow the state's requirement to ask permission from voters to allow Colorado to keep all tax revenue collected.
The proposals also direct legislators to invest any funds above the revenue limit into education, including preschool through 12th-grade education, vocational education and higher education; transportation, including highways, bridges, underpasses, mass transit and other projects related to transporting people; mental health services and senior services.
These proposals do not amend the constitution, and Coloradans will continue to vote on all tax increases.
Constitutional conflicts require cuts and rebates to occur at the same time.
What's at risk?
Essential public services for Coloradans.
Compared to 1992, essential public services operate with severe annual cuts:
$780 million from K-12 education ($1,000 per K-12 student) $559 million from higher ed ($3,000 per higher ed student) $379 million from transportation
Without raising taxes, this proposal allows the state to keep and invest revenue into essential public services, such as education, transportation, mental health services and senior services. #InvestInColorado