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Review and Comment Hearing for Initiative #314
Legislative Council and Legislative Legal Services staff walked proponents of Initiative #314 — a proposal to cut Colorado's income tax rate to 3.7% while creating a tax-break evaluation committee — through technical and single-subject questions at a review-and-comment hearing that produced no vote but several revisions.
Key Actions
·Initiative #314 review-and-comment hearingAction
Notable Quotes
“It is to make sure, to be quite honest, it is to make sure that this is not a revenue cutting measure. This is only a tax rate reduction, not a revenue cutting measure.”
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Okay. This is Elizabeth Ramey, Legislative Council staff. For the record, we are here for the review and comment hearing for proposed initiative measure 2025. 2026, number 314 concerning an income tax rate reduction and tax break evaluation committee. And in the room with me are Nicole Myers, Legislative Legal Services, John Caldera, proponent Nash Herman, proponent Shane Madsen, Council for proponents. I do like that. This is proposed measure 20,025. You know, we're planning ahead. Just try to be prepared. Okay, so we have a memorandum to John Caldera from legislative Council staff and Office of Legislative legal services for March 31, 2026, and the subject is the aforementioned. Proposed measure number 314. Section 141051 of Colorado Revised Statutes requires the directors of the Legislative council staff and the office of Legislative Legal Services to review and comment on initiative petitions for proposed laws and amendments to the Colorado Constitution. We hereby submit our comments and questions to you regarding the appended proposed initiative. The purpose of this statutory requirement of the directors of Legislative Council staff and the Office of Legislative Legal Services is to provide comments and questions intended to aid designated representatives and the proponents they…
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