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Archives Interim 2003 TABOR/Amendment 23/Gallagher


 

Final Report

 

Committee Members

Representatives Senators

 Lola Spradley, Vice Chair

John Andrews, Chair

 Bill Cadman

Norma Anderson

Rob Fairbank

Ken Arnold

 Keith King

Ken Chlouber

 Alice Madden

Joan Fitz-Gerald

Andrew Romanoff 

 Ken Gordon

Lois Tochtrop

Mark Hillman 

Val Vigil

Ron Tupa

Al White

Sue Windels
Staff Contact
Lon Engelking, lon.engelking@state.co.us, (303) 866-3521
Ron Kirk, ron.kirk@state.co.us,  (303) 866-3521
 
 
2003 Committee Schedule
Hearing Date Time Location
September 24, 2003 1:30 p.m. - 4:00 p.m. HCR 0112
September 25, 2003 9:00 a.m. - 4:00 p.m. HCR 0112
October 22, 2003 9:00 a.m. - 4:00 p.m. HCR 0112
October 23, 2003 9:00 a.m. - 4:00 p.m. HCR 0112
October 30, 2003 9:00 a.m. - 4:00 p.m. HCR 0112
October 31, 2003 9:00 a.m. - 4:00 p.m. HCR 0112

 

 

Staff Reports and Committee Memoranda
Date
Title/Subject

September 2003

HJR 03-1033 Study:  TABOR, Amendment 23, the Gallagher Amendment, and Other Fiscal Issues

October 20, 2003

Information on Other State Rainy Day Funds

October 20, 2003

Responses to Questions from September Meetings

 

 

Proposed Legislation
Bill Designation Short Title Fiscal Notes
Bill A

Submitting to the registered electors of the state of Colorado an amendment to section 20 of article X of the constitution of the state of Colorado, concerning the exclusion of tuition paid to public institutions of higher education from the definition of "fiscal year spending", and, in connection therewith, limiting the effect of the exclusion on state fiscal year spending limits by requiring such limits to be calculated based upon prior state fiscal year spending limits, with adjustments for inflation and population growth, without being subject to reduction due to declines in state revenues.

 

Fiscal Note A
Bill B Submitting to the registered electors of the state of Colorado the proposal for the holding of a constitutional convention to revise, alter, and amend section 17 of article IX and sections 3, 3.5, and 20 of article X of the constitution of the state of Colorado, with any referred measure from the convention requiring the vote of two-thirds of the delegates thereto.

Fiscal Note B
Bill C Submitting to the registered electors of the state of Colorado amendments to section 17 of article IX and section 20 of article X of the constitution of the state of Colorado, concerning the harmonization of the requirements of section 20 of article X (TABOR) and section 17 of article IX (Amendment 23), and, in connection therewith, suspending the required one percent spending increase in certain state education funding in years when the TABOR revenue limit is not met, creating the state rainy day fund consisting of a portion of excess TABOR revenues and other moneys appropriated by the general assembly, authorizing the general assembly to transfer a limited amount of moneys from the rainy day fund to the general fund by a two-thirds vote, authorizing the governor to spend a limited amount of moneys in the rainy day fund in a disaster emergency, and reducing the "ratchet" effect of TABOR by the amount deposited in the state education fund and any amount transferred from the rainy day fund.

Fiscal Note C
Bill D Submitting to the registered electors of the state of Colorado amendments to section 17 (1) of article IX and section 20 of article X of the constitution of the state of Colorado, concerning the stabilization of government revenues, and, in connection therewith, suspending the required one percent increase in certain state education funding during an economic downturn, requiring fiscal year spending limits for state and local districts to be calculated based upon prior fiscal year spending limits, with adjustments for inflation and growth, without being subject to reduction due to declines in revenues, and allowing local districts to seek voter approval to impose a fluctuating mill levy for a specified period in order to allow the local district to collect property tax revenues not to exceed the amount of such revenues collected in the prior year, as adjusted for inflation and local growth.

Fiscal Note D
Bill E Submitting to the registered electors of the state of Colorado amendments to section 17 of article IX and section 20 of article X of the constitution of the state of Colorado, concerning state spending, and, in connection therewith, replacing the requirement that statewide base per pupil funding for preschool, primary, and secondary education and total state funding for all categorical programs for each of the ten state fiscal years starting with the 2001-02 state fiscal year increase by at least the rate of inflation plus one percentage point with a requirement that the general assembly set the statewide base per pupil funding and total state funding for all categorical programs at no less than the levels of the statewide base per pupil funding and total state funding for all categorical programs for the prior state fiscal year in any state fiscal year that follows a calendar year in which state general fund revenues did not increase by at least the sum of inflation plus the percentage change in state population for the prior calendar year; replacing the requirement that statewide base per pupil funding for preschool, primary, and secondary education and total state funding for all categorical programs for state fiscal years starting with the 2011-12 state fiscal year increase by the rate of inflation with a requirement that the general assembly set the statewide base per pupil funding and total state funding for all categorical programs at no less than the levels of the statewide base per pupil funding for preschool, primary, and secondary education and total state funding for all categorical programs for the prior fiscal year; increasing the state fiscal year spending limits for the 2005-06 and 2006-07 state fiscal years by one percentage point each; including each one percentage point increase in the state fiscal year spending base for the purpose of calculating subsequent years' state fiscal year spending limits even if state revenues decline; and requiring some of the additional moneys under the increased state fiscal year spending limits to be expended first to compensate local governments for revenue losses from the senior property tax exemption, next to provide a state credit against business personal property taxes, and lastly for refunds to taxpayers.

Fiscal  Note E
Bill F Submitting to the registered electors of the state of Colorado an amendment to section 20 (7) of article X of the constitution of the state of Colorado, concerning a requirement that the fiscal year spending limits be calculated based upon prior fiscal year spending limits, with adjustments for inflation and growth, without being subject to reduction due to declines in revenues. Fiscal Note F


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