2008 Colorado Amendment 58

Last updated
Amendment 58
Flag of Colorado.svg
November 4, 2008

Severance Taxes on the Oil and Natural Gas Industry
Results
Choice
Votes %
Check-71-128-204-brightblue.svg Yes944,19141.95%
Light brown x.svg No1,306,78258.05%
Total votes2,250,973100.00%

2008 Colorado Amendment 58 results map by county.svg

Amendment 58 was a proposed initiative on the Colorado ballot of 2008 regarding Colorado's severance tax. It was turned down by 57.9% of the voters. [1]

Contents

Effect

The initiative stated that Amendment 58 would:

Conflict with Amendment 52

Both Amendments 58 and 52 in the 2008 election regarded the handling of Colorado's use of the severance tax. While Amendment 58 would have allocated some of this money to college scholarships and natural resource conservation, 52 would have directed the money into improving Interstate 70 in Colorado (I-70).[ citation needed ]

Results

Amendment 58 [3]
ChoiceVotes %
Light brown x.svg No1,306,78258.05
Yes944,19141.95
Total votes2,250,973100.00

Related Research Articles

<span class="mw-page-title-main">Energy Policy Act of 2005</span> United States Law

The Energy Policy Act of 2005 is a federal law signed by President George W. Bush on August 8, 2005, at Sandia National Laboratories in Albuquerque, New Mexico. The act, described by proponents as an attempt to combat growing energy problems, changed US energy policy by providing tax incentives and loan guarantees for energy production of various types. The most consequential aspect of the law was to greatly increase ethanol production to be blended with gasoline. The law also repealed the Public Utility Holding Company Act of 1935, effective February 2006.

<span class="mw-page-title-main">Josh Penry</span> Colorado Republican politician, political operative

Josh Penry is the former minority leader of the Colorado Senate. Elected in 2006, Penry was the youngest member of the Colorado state Senate. According to The Denver Post, Penry played a leadership role in opposing regulation for the oil and gas industry and a labor bill. Penry was identified by several newspapers as a "rising star" in Colorado politics during the 2000s. Prior to serving in the state Senate, Penry served in the state House of Representatives for one term.

<span class="mw-page-title-main">Constitution of Colorado</span>

The Constitution of the State of Colorado is the foundation of the laws and government of the U.S. state of Colorado. The Colorado State Constitution was drafted on March 14, 1876; approved by Colorado voters on July 1, 1876; and took effect upon the statehood of Colorado on August 1, 1876. As of 2020, the constitution has been amended at least 166 times. The Constitution of Colorado derives its authority from the sovereignty of the people. As such, the people of Colorado reserved specific powers in governing Colorado directly; in addition to providing for voting for Governor, state legislators, and judges, the people of Colorado have reserved initiative of laws and referendum of laws enacted by the legislature to themselves, provided for recall of office holders, and limit tax increases beyond set amounts without explicit voter approval, and must explicitly approve any change to the constitution, often with a 55% majority. The Colorado state constitution is one of the longest in the United States.

Severance taxes are taxes imposed on the removal of natural resources within a taxing jurisdiction. Severance taxes are most commonly imposed in oil producing states within the United States. Resources that typically incur severance taxes when extracted include oil, natural gas, coal, uranium, and timber. Some jurisdictions use other terms like gross production tax.

<span class="mw-page-title-main">Chris Romer</span> American politician

Chris Romer is a former American politician from the U.S. state of Colorado. Elected to the Colorado State Senate as a Democrat in 2006, he represented Senate District 32, which encompasses south Denver. As of 2022, Romer is the CEO of Project Canary, an independent certification organization that measures, tracks, and delivers ESG data across the energy value chain.

<span class="mw-page-title-main">2008 Colorado Amendment 59</span>

Initiative 126 or the Savings Account for Education Initiative appeared on the ballot as Amendment 59. The measure would have created a savings account in the state education fund funded by 10 percent of the monies deposited into the fund, including revenue that would otherwise be rebated under the Taxpayer Bill of Rights rules.

<span class="mw-page-title-main">2008 California Proposition 10</span>

California Proposition 10, also known as the California Alternative Fuels Initiative, was an unsuccessful initiated state statute that appeared on the November 2008 ballot in California. Proposition 10 was funded by Clean Energy Fuels Corp., a corporation owned by T. Boone Pickens. Clean Energy Fuels Corp. is the nation's leading operator of natural gas vehicle fueling stations.

<span class="mw-page-title-main">2008 Colorado Amendment 50</span>

Colorado Amendment 50 was a citizen's initiative that amended the Colorado state constitution to:

<span class="mw-page-title-main">2008 Colorado Amendment 52</span>

Amendment 52 was a proposed 2008 ballot initiative in Colorado, United States for around half of severance tax funds to be redirected to highway building and maintenance projects, especially expanding Interstate 70 in Colorado (I-70). 64.3% of the voters voted against it, so it did not go into effect.

<span class="mw-page-title-main">November 2012 California elections</span>

The California state elections was held on Election Day, November 6, 2012. On the ballot were eleven propositions, various parties' nominees for the United States presidency, the Class I Senator to the United States Senate, all of California's seats to the House of Representatives, all of the seats of the State Assembly, and all odd-numbered seats of the State Senate.

<span class="mw-page-title-main">2012 Colorado Amendment 64</span> Referendum legalizing marijuana

Colorado Amendment 64 was a successful popular initiative ballot measure to amend the Constitution of the State of Colorado, outlining a statewide drug policy for cannabis. The measure passed on November 6, 2012, and along with a similar measure in Washington state, marked "an electoral first not only for America but for the world."

United States energy law is a function of the federal government, states, and local governments. At the federal level, it is regulated extensively through the United States Department of Energy. Every state, the federal government, and the District of Columbia collect some motor vehicle excise taxes. Specifically, these are excise taxes on gasoline, diesel fuel, and gasohol. While many western states rely a great deal on severance taxes on oil, gas, and mineral production for revenue, most states get a relatively small amount of their revenue from such sources.

A severance tax is an article of legislation that imposes a tax on the extraction of natural resources. In the United States, California is the only state that does not impose a significant severance tax. Instead, California imposes a statewide assessment fee, as set by the California Department of Conservation, and individual counties may choose to impose an ad valorem tax on a per county basis. Over the years, several measures have been introduced as ballot initiatives and legislation in an attempt to pass a statewide severance tax, though none has become law.

<span class="mw-page-title-main">2018 California elections</span>

California state elections in 2018 were held on Tuesday, November 6, 2018, with the primary elections being held on June 5, 2018. Voters elected one member to the United States Senate, 53 members to the United States House of Representatives, all eight state constitutional offices, all four members to the Board of Equalization, 20 members to the California State Senate, and all 80 members to the California State Assembly, among other elected offices.

<span class="mw-page-title-main">2018 California Proposition 6</span> Failed referendum to repeal a 2017 fuel tax

California Proposition 6 was a measure that was submitted to California voters as part of the November 2018 election. The ballot measure proposed a repeal of the Road Repair and Accountability Act, which is also known as Senate Bill 1. The measure failed with about 57% of the voters against and 43% in favor.

<span class="mw-page-title-main">2018 Washington Initiative 1631</span>

The Washington Carbon Emissions Fee and Revenue Allocation Initiative, also known as Initiative 1631 or the Protect Washington Act was a ballot initiative that appeared on ballots in the State of Washington in the November 2018 election. The initiative proposed to reduce pollution by levying a fee on greenhouse gas emissions generated within the state of Washington, and using that revenue to support air quality and energy projects, as well as water quality and forest health initiatives. The measure failed with 56.3% of voters rejecting it. As of 2018, more had been spent in campaigning for and against the initiative than on any other ballot measure in Washington history.

<span class="mw-page-title-main">2020 California Proposition 19</span> Successful property tax ballot initiative

California Proposition 19 (2020), also referred to as Assembly Constitutional Amendment No. 11, is an amendment of the Constitution of California that was narrowly approved by voters in the general election on November 3, 2020, with just over 51% of the vote. The legislation increases the property tax burden on owners of inherited property to provide expanded property tax benefits to homeowners ages 55 years and older, disabled homeowners, and victims of natural disasters, and fund wildfire response. According to the California Legislative Analyst, Proposition 19 is a large net tax increase "of hundreds of millions of dollars per year."

<span class="mw-page-title-main">2020 Michigan Proposal 1</span>

Michigan Proposal 20-1 was a ballot initiative approved by voters in Michigan as part of the 2020 United States elections. The ballot initiative amended the Michigan Constitution to require money generated from drilling of oil and gas on state-owned land to be used for upkeep of Michigan's parks and acquisition of land for recreational purposes such as hunting and fishing.

The following is a list of ballot measures, whether initiated by legislators or citizens, which have been certified to appear on various states' ballots during the 2024 United States elections as of 6 September 2024.

References

  1. http://projects.rockymountainnews.com/pages/news/politics/elections/results/colorado-issue.html%5B%5D
  2. Colorado Blue Book. Notice of Election to Increase Taxes on a Citizen Petition. 2008 STATE BALLOT INFORMATION BOOKLET and Recommendations on Retention of Judges Legislative Council of the Colorado General Assembly Research Publication No. 576-1 Archived 2008-10-10 at the Wayback Machine
  3. Buescher, Bernie (June 29, 2009). "Official Publication of the Abstract of Votes Cast for the 2008 Primary 2008 General" (PDF). Secretary of State of Colorado . Retrieved October 3, 2024.[ dead link ]