In order to provide transparency and oversight to government mandated fees the People of the State of Colorado find and declare that:
- After January 1, 2021, any state enterprise qualified or created, as defined under Colo. Const. Art. X, section 20(2)(d) with projected or actual revenue from fees and surcharges of over $100,000,000 total in its first five fiscal years must be approved at a statewide general election. Ballot titles for enterprises shall begin, “SHALL AN ENTERPRISE BE CREATED TO COLLECT REVENUE TOTALING (full dollar collection for first five fiscal years) IN ITS FIRST FIVE YEARS…?”
- Revenue collected for enterprises created simultaneously or within the five preceding years serving primarily the same purpose shall be aggregated in calculating the applicability of this section.
Source: Initiated 2020: Entire section added, Proposition 117, effective upon proclamation of the Governor, effective December 31, 2020. See L . 2021, p. 4224.
Editor’s note: This section was added by Proposition 117, effective upon proclamation of the governor, December 31, 2020. The vote count for the measure at the general election held November 3, 2020, was as follows:
: FOR: : 1,573,114
: AGAINST: : 1,420,445