Governor Signed
Summary
The law changes Colorado’s ballot rules so that any initiative that cuts state tax revenue must include the size of the cut, the projected loss in dollars, and the likely impact on the three biggest state spending areas in the ballot title. It also mandates that the Legislative Council produce a fiscal impact statement and a standardized abstract for every initiated or referred measure, including tables showing how tax changes affect different income groups. These requirements aim to give voters clearer information about how measures will affect taxes and state services.
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