Ballot Title Setting Board
2005-2006

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

An amendment to the Colorado Revised Statutes concerning the retention of state revenues in excess of the limitation on state fiscal year spending established by section 20 (7) (a) of article X of the state constitution, and, in connection therewith, authorizing the state to retain and spend up to one hundred million dollars of state revenues in excess of the constitutional limitation on state fiscal year spending for each of the next five fiscal years beginning with the 2005 06 fiscal year, authorizing the state to retain and spend up to one hundred million dollars of state revenues in excess of such limitation for the 2010 11 fiscal year and for each succeeding fiscal year, unless limited by a newly established excess state revenues cap, and requiring the state to use such excess state revenues retained to fund health care, strategic transportation projects, retirement plans for firefighters and police officers, and education, including education related capital construction projects.

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

Shall there be an amendment to the Colorado Revised Statutes concerning the retention of state revenues in excess of the limitation on state fiscal year spending established by section 20 (7) (a) of article X of the state constitution, and, in connection therewith, authorizing the state to retain and spend up to one hundred million dollars of state revenues in excess of the constitutional limitation on state fiscal year spending for each of the next five fiscal years beginning with the 2005 06 fiscal year, authorizing the state to retain and spend up to one hundred million dollars of state revenues in excess of such limitation for the 2010 11 fiscal year and for each succeeding fiscal year, unless limited by a newly established excess state revenues cap, and requiring the state to use such excess state revenues retained to fund health care, strategic transportation projects, retirement plans for firefighters and police officers, and education, including education related capital construction projects?

Hearing May 18, 2005

Single subject approved; staff draft amended; titles set.
Hearing adjourned 6:04 p.m.

* Unofficially captioned “Retention of State TABOR Refunds” by legislative staff for tracking purposes. Such caption is not part of the titles set by the Board.