Colorado Tax Limits, Initiative 12 (1972)

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Colorado Initiative 12 was a initiated constitutional amendment on the November 7, 1972 election ballot in Colorado, where it was defeated.

• The measure sought to change the Colorado Constitution to limit taxes and tax use, including property tax to fund schools and sales and service taxes.

Election results

Colorado Initiative 12 (1972)
Result		Votes	Percentage
d No		628,201	78.91%
Yes		167,882	21.09%

Election Results via: The Colorado Legislative Council

Text of measure

The language that appeared on the ballot:

“

An Act to Amend the State Constitution by the addition of a new Article, concerning replacement of property taxes for the financing of schools and limitations on other property taxes, provides for creation of a State Tax Equalization Commission for uniform assessment of all real property; requires imposition by law effective January 1, 1974, of certain taxes to replace lost property tax revenue sources, namely: severance taxes; progressively graduated corporate and personal income taxes, and taxes on sales and services; provides sales tax credits and limits sales and service taxes to 3% by the State and 3% by any local governmental subdivision.

”

See also

Suggest a link

• List of Colorado ballot measures
• Colorado 1972 ballot measures
• 1972 ballot measures

External links

• Colorado Legislative Council: Ballot Issue History
• 1972 Sample Ballot (from El Paso Country, CO)