Initiative that would divert state funds to roads approved for Colorado ballot
Supporters gathered enough signatures to place a constitutional amendment on the November ballot in Colorado that would direct more state revenue to road construction, the secretary of state’s office announced Tuesday.
Colorado voters will decide whether all motor vehicle and gas tax revenue and two-thirds of sales tax for car parts should go into the state’s roads, diverting that money from other priorities like transit and environmental items. It has the potential to redirect more than $500 million per year to building and fixing roads, though Democratic lawmakers at the Capitol passed a bill this year to neutralize the amendment’s effects on the state budget if it passes by lowering the gas tax.
Backers of Initiative 175 submitted 189,355 signatures, about 143,000 of which were valid. That meets the threshold requirement of at least 2% of voters in each state Senate district.
“Coloradans are tired of dodging potholes and wondering why their tax money isn’t making their daily drive any safer or faster,” Tony Milo, the president of the Colorado Contractors Association said in a statement. “Now Colorado voters will finally have the opportunity to say enough is enough: we want money generated from roads to fix our roads — without raising taxes.”
https://coloradonewsline.com/briefs/initiative-roads-colorado-ballot/