Tag Archive for Proposition BB

ELECTION NIGHT 2015 – Live-Blogging the Election Results

PROPOSITION BB HAS PASSED

The statewide ballot measure, Proposition BB, has overwhelmingly passed by voters. As of 8pm tonight, the ballot measure passed with 67% of voters voting yes to 33% of voters voting no (536,018 votes YES to 268,265 votes NO.) The ballot measure gives permission for the state to keep and spend $66.1 million dollars in tax revenue generated from legal cannabis, rather than returning the money to citizens in the form of small rebates. According to the Denver Post, the measure “will send the first $40 million to school construction and $12 million designated for youth and substance abuse programs. The remaining $14.1 million goes to discretionary accounts controlled by lawmakers. If the measure failed, taxpayers would have received a $25 million rebate — ranging from $6-$16 per person, depending on income level — and another $41 million would return to marijuana growers and recreational users through tax breaks.

I think it’s interesting that this vote basically counters the Tax Payers Bill of Rights (TABOR) and that voters will vote for Proposition BB in such numbers but still support TABOR fundamentally. Most overrides of TABOR don’t do well on the ballot. But since this ballot measure tied the cannabis tax revenue to school construction, it was an easy decision for most voters. It was a feel good decision for voters. In any case, I am thrilled that Proposition BB has passed!

The Three Jefferson County School Board Members on the Ballot for Recall Have All Been Recalled By Voters

Ken Witt – RECALLED-64% Yes, to 36% No

John Newkirk- RECALLED- 64% Yes, to 36% No

Julie Williams- RECALLED-64% Yes, to 36% No

Vote YES on Proposition BB this November!

Never Politics Small

Voters across the state will soon be receiving their mail-in ballots for the upcoming 2015 election ballot measure. I know in my household we just got our ballots this week. The upcoming ballot measure is called Proposition BB, which asks voters can the state keep tax revenue generated from marijuana sales instead of returning the tax-money to the voters as mandated by Colorado state law through TABOR (the Tax Payers Bill of Rights.) According to the Denver Post: “Proposition BB asks voters for permission for the state to retain and spend $66.1 million of tax revenue that already was collected from retail marijuana sales.” Proposition BB does not raise taxes, it only authorizes the government to keep the tax revenue generated from cannabis sales instead of returning it to the tax payers for paltry tax refunds. I think that the money would be better served being kept in government coffers for schools instead of doling it back to tax payers in small amounts (tax rebates are estimated to be $8 per tax payer!)  If the government is allowed to keep the revenue, a lot of good can be done for Colorado schools. And we all know Colorado schools are underfunded to begin with. So, it’s a no-brainer easy call decision. Vote yes on Proposition BB!