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 and, until January 1, 2029, to provide workers’ compensation coverage for employers who cannot otherwise secure coverage; exempting the payment from Pinnacol Assurance to the state from the Taxpayer’s Bill of Rights’ limitation on state fiscal year spending; and using the payment and taxes on insurance premiums to provide scholarships for training or certificate programs in skilled trades.

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 and, until January 1, 2029, to provide workers’ compensation coverage for employers who cannot otherwise secure coverage; exempting the payment from Pinnacol Assurance to the state from the Taxpayer’s Bill of Rights’ limitation on state fiscal year spending; and using the payment and taxes on insurance premiums to provide scholarships for training or certificate programs in skilled trades?

Hearing April 15, 2026

Single subject approved, draft title changed, title set (2-1, Conley).
Board members: Christy Chase, Theresa Conley, Kurt Morrison
Hearing adjourned 9:21 AM.

Rehearing April 23, 2026

Motion for rehearing (proponents) granted only to the extent the Board made changes to the title (3-0).
Board members: Christy Chase, Theresa Conley, Kurt Morrison
Hearing adjourned 10:22 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.