Results for Proposed Initiative #117

Ballot Title Setting Board
2015-2016

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

A CHANGE TO THE COLORADO REVISED STATUTES AUTHORIZING THE STATE TO RETAIN AND SPEND STATE REVENUES THAT EXCEED THE CONSTITUTIONAL LIMITATION ON STATE FISCAL YEAR SPENDING, AND, IN CONNECTION THEREWITH, AUTHORIZING THE STATE TO RETAIN AND SPEND ALL SUCH REVENUES COLLECTED DURING THE TEN FISCAL YEARS FROM JULY 1, 2016 THROUGH JUNE 30, 2026; AUTHORIZING THE STATE TO ANNUALLY RETAIN AND SPEND SUCH REVENUES FOR ANY SUBSEQUENT FISCAL YEAR IN AN AMOUNT EQUAL TO THE HIGHEST AMOUNT COLLECTED IN ANY SINGLE FISCAL YEAR DURING THE TEN-YEAR PERIOD ADJUSTED FOR INCREASES IN STATE POPULATION AND INFLATION; ALLOCATING AT LEAST 35% OF ANY REVENUES RETAINED TO FUND EDUCATION AND AT LEAST 35% TO FUND TRANSPORTATION PROJECTS; AND ALLOWING THE STATE TO USE ANY REMAINING REVENUES FOR THE SAME PURPOSES OR TO FUND MENTAL HEALTH SERVICES AND SENIOR SERVICES.

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

SHALL THERE BE A CHANGE TO THE COLORADO REVISED STATUTES AUTHORIZING THE STATE TO RETAIN AND SPEND STATE REVENUES THAT EXCEED THE CONSTITUTIONAL LIMITATION ON STATE FISCAL YEAR SPENDING, AND, IN CONNECTION THEREWITH, AUTHORIZING THE STATE TO RETAIN AND SPEND ALL SUCH REVENUES COLLECTED DURING THE TEN FISCAL YEARS FROM JULY 1, 2016 THROUGH JUNE 30, 2026; AUTHORIZING THE STATE TO ANNUALLY RETAIN AND SPEND SUCH REVENUES FOR ANY SUBSEQUENT FISCAL YEAR IN AN AMOUNT EQUAL TO THE HIGHEST AMOUNT COLLECTED IN ANY SINGLE FISCAL YEAR DURING THE TEN-YEAR PERIOD ADJUSTED FOR INCREASES IN STATE POPULATION AND INFLATION; ALLOCATING AT LEAST 35% OF ANY REVENUES RETAINED TO FUND EDUCATION AND AT LEAST 35% TO FUND TRANSPORTATION PROJECTS; AND ALLOWING THE STATE TO USE ANY REMAINING REVENUES FOR THE SAME PURPOSES OR TO FUND MENTAL HEALTH SERVICES AND SENIOR SERVICES?

Hearing April 6, 2016

Single subject approved; staff draft amended; titles set.
Hearing adjourned 4:26 PM.

Rehearing April 20, 2016

Motion for Rehearing filed by proponents granted in its entirety.
Motion for Rehearing filed by Caldara granted only to the extent that the Board made changes to the titles; denied in all other regards.
Motion for Rehearing filed by Menten granted only to the extent that the Board made changes to the titles; denied in all other regards.
Hearing adjourned 11:10 AM.

* Unofficially captioned “Retention of Excess State Revenue” by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.