Wednesday, August 8, 2018

Seven initiative petitions could make it on the ballot this fall

Posted By on Wed, Aug 8, 2018 at 5:26 PM

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Seven initiative petitions were turned in on time for a chance at the November ballot in Colorado, the Secretary of State's Office announced Aug. 6.

Initiative backers had to gather at least 98,492 signatures, or 5 percent of the total votes cast for all candidates for secretary of state in the 2014 general election.

Over the next 30 days, the Secretary of State's Office will review the petitions to ensure they meet state standards. Those that do will go to voters Nov. 6.

The seven petitions include:

Initiative 97 (statute change): Setback requirement for oil and gas development

"All new oil and gas development not on federal land must be located at least [2,500] feet from an occupied structure or vulnerable area."

The initiative's backer, Colorado Rising, says signature gatherers faced intimidation and harassment. But its problems didn't stop there. One of the initiative's signature-gathering firms took 15,000 signatures out of state three weeks before the deadline, and a second firm was paid off to stop collecting signatures, Colorado Rising says. Despite those setbacks (pun unintended), 171,000 signatures were submitted by deadline.

Initiative 126 (statute change): Payday loans

"Lower the maximum authorized finance charge for payday loans to an annual percentage rate of [36] percent." Currently, the maximum charges are $20 for the first $300 loaned, 7.5 percent of any amount over $300, and a 45 percent interest rate.

The Denver Post reports that initiative backers gathered nearly 190,000 signatures.

Initiative 153 (statute change): Transportation funding

Increase state sales tax from 2.91 percent to 3.52 percent, in order to fund up to $6 billion in bonds for construction and maintenance of roads, bridges and highways. The initiative requires "45% of the new revenue to fund state transportation safety, maintenance, and congestion-related projects; 40% to fund municipal and county transportation projects; and 15% to fund multimodal transportation projects, including bike, pedestrian, and transit infrastructure."

Organizers collected about 198,000 signatures, the Post reports.

Initiative 167 (statute change): Authorize bonds for transportation projects

Use existing state revenues to purchase $3.5 billion in bonds for road and bridge construction and improvements. Mayor John Suthers, who opposes Initiative 153, has been a vocal supporter of this initiative, titled "Fix Our Damn Roads," which does not include a tax increase.

Backers turned in more than 150,000 signatures, according to the Post.

Initiative 173 (constitutional amendment): Campaign contributions

This "anti-Jared Polis" measure limits candidates' ability to fund their own campaigns: If a candidate "directs more than [$1 million] to support his or her election, then all candidates in the same election shall be entitled to accept aggregate contributions for a primary and general election at five times the [normally allowed] rate."

The Post reports that backers gathered 212,000 signatures.

Initiative 108 (constitutional amendment): Just compensation for reduction in fair market value by government law or regulation

Requires the government to pay compensation to private property owners when new laws or regulations reduce a property's fair market value. This is a response to Initiative 97, which could reduce the value of property that, per the initiative's requirements, could no longer be used for oil and gas development.

Organizers collected 209,000 signatures, the Post reports.

Initiative 93 (constitutional amendment): Funding for public schools

Increase state taxes by $1.6 billion to "improve, support and enhance" preschool through high school "programs, resources and opportunities." The money will come from an incremental income tax increase for people making more than $150,000 (using four tax brackets, starting at 0.37 percent and increasing to 3.62 percent for income over $500,000); and a corporate tax rate increase of 1.37 percent.

Backers turned in about 179,000 signatures, the Post reports.

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