Attention: This is not a current document. It is an excerpt from the Web page of the former Colorado governor, Roy Romer. It is displayed by the Colorado State Archives for its historical value.
|WHEREAS,||Section 9 of Article IV of the Constitution of the State of Colorado provides that the Governor may, on extraordinary occasions, convene the General Assembly by proclamation, and Section 7 of Article V of the Constitution provides that the General Assembly shall meet at other times when convened in special session by the Governor; and|
|WHEREAS,||state revenues for Fiscal Year 1997-98 exceed spending limits imposed by Section 20 of Article X of the Constitution of the State of Colorado ("TABOR") by $ 561,977,473 and other surpluses are projected for future fiscal years; and|
|WHEREAS,||TABOR requires that an excess shall be refunded in the next fiscal year and current law does not provide for a refund plan; and|
|WHEREAS,||TABOR provides no clear guidelines as to the method of refunding the excess, but provides that the state may use "reasonable methods" for a refund; and|
|WHEREAS,||in the opinion of the Governor, an extraordinary occasion has arisen as a result of the need to determine how the TABOR excess revenues shall be refunded.|
NOW THEREFORE, I Roy Romer, Governor of the State of Colorado, convene the Sixty-first General Assembly with this proclamation and summon the members of the Sixty-first General Assembly to meet in Special Session at the State Capitol, in the City and County of Denver, on the 14th day of September, 1998, at 10:00 a.m. and designate the following subject for the Assembly's consideration and appropriate legislative action:
1. Concerning the refund of state revenues which exceed the limitations imposed by Section 20, Article X of the Colorado Constitution, for any or all state fiscal years commencing on or after July 1, 1997 and ending no later than June 30, 2002, in a method that includes a flat dollar amount per eligible individual or entity which may vary according to income category, either solely or in combination with a temporary tax rate reduction, but which does not include the temporary elimination of any tax or taxable income, and making an appropriation in connection therewith.
|GIVEN under my hand and the|
|Executive Seal of the State of Colorado|
|this 17th day of Day of August, 1998.
Last modified June 18, 2003