Results for Proposed Initiative #232

Ballot Title Setting Board
2025-2026

The title as designated and fixed by the Board is as follows:

A change to the Colorado Revised Statutes capping the state income tax rate at 4.4% of federal taxable income for individuals and corporations.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be a change to the Colorado Revised Statutes capping the state income tax rate at 4.4% of federal taxable income for individuals and corporations?

Hearing March 4, 2026

Single subject approved; staff draft amended; titles set (3-0).
The Board made technical corrections to the text of the measure.
Board members: Theresa Conley, Christy Chase, Kurt Morrison
Hearing adjourned 2:25 PM.

Rehearing April 1, 2026

Motion for rehearing (proponents) granted only to the extent the Board made changes to the title (3-0).
Board members: Theresa Conley, Christy Chase, Kurt Morrison
Hearing adjourned 10:12 AM.

* Unofficially captioned "Income Tax Rate Cap" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.