Results for Proposed Initiative #10

Ballot Title Setting Board
2013-2014

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

SHALL STATE TAXES BE INCREASED $128,842 ANNUALLY IN THE FIRST FULL FISCAL YEAR AND BY SUCH AMOUNTS AS ARE RAISED ANNUALLY THEREAFTER BY AMENDMENTS TO THE COLORADO CONSTITUTION AND THE COLORADO REVISED STATUTES CONCERNING AN INCREASE IN STATE INCOME TAXES FOR ADDITIONAL PUBLIC EDUCATION FUNDING, AND, IN CONNECTION THEREWITH, INCREASING THE RATE OF THE STATE INCOME TAX BY .0001%; REQUIRING THAT THE ADDITIONAL REVENUES FROM THE INCREASED TAX RATE BE DEPOSITED IN A NEW STATE EDUCATION ACHIEVEMENT FUND AND USED TO BENEFIT PUBLIC PRESCHOOL THROUGH TWELFTH-GRADE PROGRAMS THAT IMPLEMENT EDUCATIONAL REFORMS AND PROGRAMMATIC ENHANCEMENTS; AND SPECIFYING THAT THE INITIATIVE SUPERSEDES ALL OTHER STATEWIDE PUBLIC EDUCATION FUND TAX MEASURES PASSED ON THE 2013 BALLOT?

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

SHALL STATE TAXES BE INCREASED $128,842 ANNUALLY IN THE FIRST FULL FISCAL YEAR AND BY SUCH AMOUNTS AS ARE RAISED ANNUALLY THEREAFTER BY AMENDMENTS TO THE COLORADO CONSTITUTION AND THE COLORADO REVISED STATUTES CONCERNING AN INCREASE IN STATE INCOME TAXES FOR ADDITIONAL PUBLIC EDUCATION FUNDING, AND, IN CONNECTION THEREWITH, INCREASING THE RATE OF THE STATE INCOME TAX BY .0001%; REQUIRING THAT THE ADDITIONAL REVENUES FROM THE INCREASED TAX RATE BE DEPOSITED IN A NEW STATE EDUCATION ACHIEVEMENT FUND AND USED TO BENEFIT PUBLIC PRESCHOOL THROUGH TWELFTH-GRADE PROGRAMS THAT IMPLEMENT EDUCATIONAL REFORMS AND PROGRAMMATIC ENHANCEMENTS; AND SPECIFYING THAT THE INITIATIVE SUPERSEDES ALL OTHER STATEWIDE PUBLIC EDUCATION FUND TAX MEASURES PASSED ON THE 2013 BALLOT?

Hearing April 17, 2013

Single subject approved; staff draft amended; titles set.
Hearing adjourned 3:30 PM

* Unofficially captioned “Income Tax Rate Increase for Implementation of New School Finance Act” by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.