Ballot Title Setting Board
2021-2022

The title as designated and fixed by the Board is as follows:

There shall be a reduction to the state sales and use tax by 0.34 percent, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited tohealth and human services programs, K-12 education, and corrections and judicial operations, by an estimated $14,200,000 dollars in tax revenue for the first year and $14,900,000 dollars in tax revenue for the second year by a change to the Colorado Revised Statutes that reduces the state sales and use tax rate from 2.90 percent to 2.89 percent from July 1, 2023, through June 30, 2025.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be a reduction to the state sales and use tax by 0.34 percent, thereby reducing state revenue, which will reduce funding for state expenditures that include but are not limited to health and human services programs, K-12 education, and corrections and judicial operations, by an estimated $14,200,000 dollars in tax revenue for the first year and $14,900,000 dollars in tax revenue for the second year by a change to the Colorado Revised Statutes that reduces the state sales and use tax rate from 2.90 percent to 2.89 percent from July 1, 2023, through June 30, 2025?

Hearing September 1, 2021

Single subject approved; staff draft amended; titles set.
Board members: Theresa Conley, Jason Gelender, David Powell
Hearing adjourned 11:04 AM.

* Unofficially captioned "Sales Tax Rate Reduction" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.