Voter Approval for Certain New State Enterprises
Colorado Ballot Measure - Proposition 117
Election: Nov. 3, 2020 (General)
Categories:Campaign Finance and Elections
A "yes" vote on Proposition 117 requires voter approval for new state government enterprises with fee revenue over $100 million in the first five years
A "no" vote on Proposition 117 retains the state legislature's authority to create new enterprises as under current law.
Shall there be a change to the Colorado Revised Statutes requiring statewide voter approval at the next even-year election of any newly created or qualified state enterprise that is exempt from the Taxpayer's Bill of Rights, Article X, Section 20 of the Colorado constitution, if the projected or actual combined revenue from fees and surcharges of the enterprise, and all other enterprises created within the last five years that serve primarily the same purpose, is greater than $100 million within the first five fiscal years of the creation or qualification of the new enterprise?