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 converting Pinnacol Assurance from a state subdivision that provides workers’ compensation insurance to an independent mutual insurance company to finance workforce development, and, in connection therewith, requiring Pinnacol Assurance to pay the state $150 million and taxes on insurance premiums, exempting the payment from Pinnacol Assurance to the state from the Taxpayer’s Bill of Rights’ limitation on state fiscal year spending, and depositing the payment and taxes on insurance premiums into a workforce development fund to provide scholarships for training in essential job categories.

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 converting Pinnacol Assurance from a state subdivision that provides workers’ compensation insurance to an independent mutual insurance company to finance workforce development, and, in connection therewith, requiring Pinnacol Assurance to pay the state $150 million and taxes on insurance premiums, exempting the payment from Pinnacol Assurance to the state from the Taxpayer’s Bill of Rights’ limitation on state fiscal year spending, and depositing the payment and taxes on insurance premiums into a workforce development fund to provide scholarships for training in essential job categories?

Hearing March 18, 2026

Single subject approved, draft title changed, title set (2-1, Conley).
Board members: Christy Chase, Theresa Conley, Kurt Morrison
Hearing adjourned 11:56 AM.

* Unofficially captioned "Separation of Pinnacol Assurance from the State to Fund Workforce Development" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.