Ballot Title Setting Board
2005-2006

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

An amendment to the Colorado constitution concerning a limit on the amount of oil and gas severance taxes annually retained by the state, and, in connection therewith, in order to offset home energy costs, requiring revenues collected in excess of the limit to be paid to each Colorado taxpayer who is a head of household based on the number of exemptions claimed for federal tax purposes.

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

Shall there be an amendment to the Colorado constitution concerning a limit on the amount of oil and gas severance taxes annually retained by the state, and, in connection therewith, in order to offset home energy costs, requiring revenues collected in excess of the limit to be paid to each Colorado taxpayer who is a head of household based on the number of exemptions claimed for federal tax purposes?

Hearing March 1, 2006

At request of proponent, technical correction allowed in text of measure. (In Section 2, line 3, changed “RESDENTIAL” to “RESIDENTIAL”.)
Single subject approved; staff draft amended; titles set.
Hearing adjourned 4:24 p.m.

* Unofficially captioned “Oil and Gas Severance Taxes” by legislative staff for tracking purposes. Such caption is not part of the titles set by the Board.