SB16-210
Fix Colorado Roads Act
Concerning infrastructure funding, and, in connection therewith, requiring the transportation commission to submit a ballot question to the voters of the state at the November 2016, 2017, or 2018 election which, if approved, would authorize the state, with no increase in any taxes, to issue additional transportation revenue anticipation notes for the purpose of addressing critical priority transportation needs in the state by financing transportation projects and would exclude note proceeds and investment earnings on note proceeds from state fiscal year spending limits; and dedicating five percent of state sales and use tax net revenue for state transportation purposes and one percent of such revenue for other capital construction purposes.
Session:
2016 Regular Session
Subjects:
Bill Summary
Capital Construction
State Revenue & Budget
Transportation & Motor Vehicles