Colorado Amendment 32, Taxing Residential Property Initiative (2003)
Colorado Amendment 32 | |
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Election date |
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Topic Property and Taxes |
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Status |
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Type Initiated constitutional amendment |
Origin |
Colorado Amendment 32 was on the ballot as an initiated constitutional amendment in Colorado on November 4, 2003. It was defeated.
A “yes” vote supported increasing the taxable portion of residential property. |
A “no” vote opposed increasing the taxable portion of residential property. |
Election results
Colorado Amendment 32 |
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Result | Votes | Percentage | ||
Yes | 203,449 | 22.45% | ||
702,829 | 77.55% |
Text of measure
Ballot title
The ballot title for Amendment 32 was as follows:
“ | An amendment to Section 3 (1) (b) of Article X of the constitution of the state of Colorado, concerning the ratio of valuation for assessment for taxation of residential real property, and in connection therewith, setting the ratio at eight percent of actual value for property tax years commencing on or after January 1, 2004, and eliminating the annual adjustment of the ratio that insures that the percentage of the total statewide assessed value attributable to residential real property remains the same as it was in the previous year. | ” |
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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