The Colorado Municipal League supports Propositions CC and DD on the 2019 ballot.

Proposition CC

Proposition CC (Prop CC) was referred to the November 5, 2019 statewide ballot by the Colorado General Assembly and, if passed, authorizes the state to annually keep and spend revenue collected above the state spending limit originally adopted in 1992, commonly known as the TABOR limit. The money would be divided equally between transportation improvements, K-12 public schools, and higher education.

Resources

More information

Proposition DD

During the 2019 legislative session, CML supported HB 19-1327.  HB 1327 authorizes sports betting within the existing framework and regulatory scheme for limited gaming in Colorado. It authorizes sports betting with master licenses held only by those entities licensed to conduct limited gaming within the three host cities, and requires local voter approval in the three host cities. The licensees in the three host cities may contract with online sports betting entities. This regulatory mechanism mirrors past voter intent for limited gaming. HB 1327 also refers to the voters in November a single ballot question – Proposition DD – that, if passed, would tax future proceeds from sports betting and allocates the revenue to the Colorado State Water Plan and exempt the tax revenue from the state’s TABOR limit. 

Should Proposition DD pass, the revenue generated from sports betting will be allocated as follows. 
First, the funds will go to the repayment of General Fund moneys provided for startup costs for the Division of Gaming. Second, the revenue will fund ongoing Division of Gaming administrative expenses for sports betting. Third, six percent of the full fiscal year sports betting tax revenue will be transferred to the Hold Harmless Fund. The Hold Harmless Fund will be distributed per the current limited gaming formula. The three gaming towns will receive a portion. Fourth, $130,000 will be allocated for the prevention, education, and treatment of gambling addiction. Finally, the remaining portion of the revenue will be transferred to a cash fund for State Water Plan implementation. Grants made from the cash fund will go to projects that focus on water storage, supply, water conservation, land use, agriculture, the environment and recreational uses which all provide a municipal benefit. Staff recommends support for the question.

Resources

More information