Shall State Taxes be Increased $114,500,000 Annually in the First Full Fiscal Year, and by Such Amounts that are Raised Thereafter, by Imposing a New Tax on Authorized Horse Racetracks' Adjusted Gross Proceeds from Limited Gaming to Increase Statewide Funding for K-12 Education, and, in Connection T

Colorado Ballot Measure - Amendment 68

Election: Nov. 4, 2014 (General)

Outcome: Failed

Categories:

K-12 Education
Gambling and Gaming
Government Budget and Spending
Taxes

Measure Text


Shall state taxes be increased $114,500,000 annually in the first full fiscal year, and by such amounts that are raised thereafter, by imposing a new tax on authorized horse racetracks' adjusted gross proceeds from limited gaming to increase statewide funding for k-12 education, and,in connection therewith, amending the Colorado Constitution to permit limited gaming in addition to pre-existing pari-mutuel wagering at one qualified horse racetrack in each of the counties of Arapahoe, Mesa, and Pueblo; Authorizing host communities to impose impact fees on horse racetracks authorized to conduct limted gaming; Allowing all resulting revenue to be collected and spent notwithstanding any limitations provided by law; And allocating the resulting tax revenues to a fund to be distributed to school districts and the Charter School Institute for K-12 Education?

Yes ( ) No ( )

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