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Colorado Income Tax to Fund Voter Credit Initiative (2018)

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Colorado Income Tax to Fund Voter Credit Initiative
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Election date
November 6, 2018
Topic
Taxes and Elections and campaigns
Status
Not on the ballot
Type
State statute
Origin
Citizens


The Colorado Income Tax to Fund Voter Credit Initiative was not on the ballot in Colorado as an initiated state statute on November 6, 2018.

The measure would have levied an income tax of 0.5 percent on income taxpayers earning more than $405,000. Revenue from the tax would have been distributed as a flat amount to each elector who cast a ballot in the preceding state general election. The amount received by each voter would have been equal to the greater of (a) the total amount of revenue from the tax divided by the number of people who voted, (b) three times the state minimum wage, or (c) $27.[1]

Text of measure

Full text

The full text of the measure is available here.

Path to the ballot

See also: Laws governing the initiative process in Colorado

Jason Legg and Scott Cadiz submitted the initiative to the Colorado Legislative Counsel for review and comment on March 29, 2017. On April 12, 2017, the counsel offered comments.[1] Compliance with these recommendations is not required. The next step is for proponents to submit a draft to the Colorado secretary of state, who will convene a title board to evaluate whether the initiative meets the single-subject rule and write a ballot title.

The number of signatures required for a successful petition is equal to 5 percent of the total number of votes cast for the office of secretary of state in the preceding general election. The same number of signatures is required for constitutional amendments, statutes, and referendums. In 2018, the number of signatures required for an initiated state statute is 98,492. In Colorado, petitioners have six months to collect signatures after the ballot language and title are finalized. The Colorado Constitution says that signatures must be filed three months before the election at which the measure would appear. In 2018, three months before the November election is August 6.

The measure did not qualify for the November 2018 ballot because it had either (a) never been cleared for signature gathering, (b) was abandoned by sponsors, or (c) otherwise reached a certain stage in the initiative process, but did not make the ballot.

See also

External links

Footnotes