Colorado Code § 39-28-110.5

Revenue and spending limitations. Notwithstanding any limitations on revenue, spending, or appropriations contained in section 20 of article X of the state constitution or any other provision of law, any revenue generated by the inventory tax imposed under section 39-28-103.3 and the per cigarette tax increase set forth in section 39-28-103 approved by the voters at the statewide election in November 2020, may be collected and spent as a voter- approved revenue change. Source: L. 2020: Entire section added, (HB 20-1427), ch. 248, p. 1191, § 9, effective January 1, 2021. Editor's note: Section 27
Open in Lexace · Ask the AI about this section
(2) of chapter 248 (HB 20-1427), Session Laws of Colorado
2020, provides that this section takes effect on the date of the governor's proclamation or January
1, 2021, whichever is later, only if, at the November 2020 statewide election, a majority of
voters approve the ballot issue referred in accordance with section 39-28-401. The ballot issue,
referred to the voters as proposition EE, was approved on November 3, 2020, and was
proclaimed by the Governor on December 31, 2020. The vote count for the measure was as
follows:
FOR: 2,134,608
AGAINST: 1,025,182

‹ Prev All Colorado sections Next ›

Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.