5/3/04-A Senate proposal to require residents to give up all or part of their potential tax refunds in two years to fund roads and state buildings has been killed.
Senate lawmakers declined to pass along the measure that would have given voters the final say-so in November.
SB164, sponsored by Sen. Dave Owen, R-Greeley, sought to ask voters to funnel up to $600 million a year, from fiscal 2005-2006 to fiscal 2019-2020, first for transportation needs, then for building repairs.
It previously passed the Senate Transportation Committee.

2/20/04-A proposal before the Senate would require the residents of the state to give up all or part of their potential tax refunds in two years to fund roads and state buildings. Voters would get the final say-so in November.
The bill, sponsored by Sen. Dave Owen, R-Greeley, was approved 5-2 by the Senate Transportation Committee Feb. 10. It now heads to the full Senate for debate.
SB164 would ask voters to funnel up to $600 million a year, from fiscal 2005-2006 to fiscal 2019-2020, first for transportation needs, then for building repairs.
Some projections show that Colorado will begin collecting more revenues than it is constitutionally allowed to keep – called a TABOR surplus – as early as fiscal 2005-06. That money would be returned to taxpayers in the form of a refund the next fiscal year unless voters decide otherwise.
For bill status, call (303) 866-3055. In Colorado, call 1-888-473-8136.