Creation of a new fee-based Enterprise. [Editor's note: This section is effective upon proclamation of the governor for the votes cast November 3, 2020.]

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In order to provide transparency and oversight to government mandated fees the People of the State of Colorado find and declare that:

  1. After January 1, 2021, any state enterprise qualified or created, as defined underColo. Const. Art. X, section 20(2)(d) with projected or actual revenue from fees and surcharges of over $100,000,000 total in its first five fiscal years must be approved at a statewide general election. Ballot titles for enterprises shall begin, "SHALL AN ENTERPRISE BE CREATED TO COLLECT REVENUE TOTALING (full dollar collection for first five fiscal years) IN ITS

FIRST FIVE YEARS...?"

  1. Revenue collected for enterprises created simultaneously or within the five precedingyears serving primarily the same purpose shall be aggregated in calculating the applicability of this section.

Source: Initiated 2020: Entire section added, Proposition 117, effective upon proclamation of the Governor.


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