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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:
Capital Construction
State Revenue & Budget
Transportation & Motor Vehicles
Bill Summary

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. R. Baumgardner
Rep. B. DelGrosso

Sponsor

Sen. R. Scott

Co-sponsor

Sen. B. Cadman, Sen. J. Cooke, Sen. O. Hill, Sen. M. Scheffel

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