Forum explores state ballot propositions

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Forum explores state ballot propositions

Sports betting and state revenue bonus would go forward with voters’ OK
Carol Hedges, executive director of the Colorado Fiscal Institute, led a forum at the Durango Public Library examining two propositions on the 2019 ballot.

Forum explores state ballot propositions

Carol Hedges, executive director of the Colorado Fiscal Institute, led a forum at the Durango Public Library examining two propositions on the 2019 ballot.
Propositions’ ballot language

Here is language for the Proposition CC and Proposition DD, which will be on the Nov. 5 mail-in ballot:

Proposition CC“Without raising taxes and to better fund public schools, higher education, and roads, bridges, and transit, within a balanced budget, may the state keep and spend all the revenue it annually collects after June 30, 2019, but is not currently allowed to keep and spend under Colorado law, with an annual independent audit to show how the retained revenues are spent?”

Proposition DD“Shall state taxes be increased by twenty-nine million dollars annually to fund state water projects and commitments and to pay for the regulation of sports betting through licensed casinos by authorizing a tax on sports betting of ten percent of net sports betting proceeds, and to impose the tax on persons licensed to conduct sports betting?”

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