Will this affect the $400 TABOR “surplus” rebate proposed by the governor for this August (or vice versa)?
No. That rebate is for the Fiscal Year ending on June 30, 2022. Initiative 63 would not go into effect until January 1, 2023. Putting this on the ballot gives voters an opportunity to allow some future “TABOR surplus” dollars to be used to address Colorado’s teacher shortage.