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Colorado Amendment 52, Severance Taxes for Highway Projects Initiative (2008)
| Colorado Amendment 52 | |
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| Election date |
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| Topic Mineral resources and Taxes |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Colorado Amendment 52 was on the ballot as an initiated constitutional amendment in Colorado on November 4, 2008. It was defeated.
A “yes” vote supported apportioning a section of taxes collected from companies that extract nonrenewable natural resources from the earth (the severance tax) to highway projects. |
A “no” vote opposed apportioning a section of taxes collected from companies that extract nonrenewable natural resources from the earth (the severance tax) to highway projects. |
Election results
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Colorado Amendment 52 |
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| Result | Votes | Percentage | ||
| Yes | 790,124 | 35.78% | ||
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1,418,009 | 64.22% | ||
Text of measure
Ballot title
The ballot title for Amendment 52 was as follows:
| “ | Shall there be an amendment to the Colorado constitution concerning the allocation of revenues from the state severance tax imposed on minerals and mineral fuels other than oil shale that are extracted in the state, and, in connection therewith, for fiscal years commencing on or after July 1, 2008, requiring half of the revenues to be credited to the local government severance tax fund and the remaining revenues to be credited first to the severance tax trust fund until an annually calculated limit is reached and then to a new Colorado transportation trust fund, which may be used only to fund the construction, maintenance, and supervision of public highways in the state, giving first priority to reducing congestion on the Interstate 70 corridor? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In Colorado, proponents needed to collect a number of signatures for an initiated constitutional amendment.
See also
External links
Footnotes
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State of Colorado Denver (capital) |
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