Colorado Amendment 50, Gambling Regulations and Taxes Initiative (2008)

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Colorado Amendment 50

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Election date

November 4, 2008

Topic
Gambling and Taxes
Status

ApprovedApproved

Type
Initiated constitutional amendment
Origin

Citizens



Colorado Amendment 50 was on the ballot as an initiated constitutional amendment in Colorado on November 4, 2008. It was approved.

A “yes” vote supported amending regulations related to gambling operations and amending provisions related to the taxes collected through the gaming tax.

A “no” vote opposed amending regulations related to gambling operations and amending provisions related to the taxes collected through the gaming tax.


Election results

Colorado Amendment 50

Result Votes Percentage

Approved Yes

1,330,566 58.70%
No 936,254 41.30%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 50 was as follows:

Shall there be an amendment to the Colorado Constitution concerning voter-approved revisions to limited gaming, and, in connection therewith, allowing the local voters in Central City, Black Hawk, and Cripple Creek to extend casino hours of operation, approved games to include roulette and craps or both, and maximum single bets up to $100; adjusting distributions to current gaming fund recipients for growth in gaming tax revenue due to voter-approved revisions in gaming; distributing 78% of the remaining gaming tax revenue from this amendment for student financial aid and classroom instruction at community colleges according to the proportion of their respective student enrollments, and 22% for local gaming impacts in Gilpin and Teller counties and the cities of Central City, Black Hawk, and Cripple Creek according to the proportion of increased tax revenue from voter-approved revisions in each city or county; and requiring any increase in gaming taxes from the levels imposed as of July 1, 2008 to be approved at a statewide election, if local voters in one or more cities have approved any revision to limited gaming?

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Signature requirements for ballot measures in Colorado

In Colorado, proponents needed to collect a number of signatures for an initiated constitutional amendment.

See also


External links

Footnotes