This week on Colorado Chamber Office Hours’ final in-session episode before the the Colorado legislative session comes to a close, we break down legislation tied to a proposed ballot initiative that would reshape how Colorado funds transportation infrastructure.
House Bill 1430 would temporarily reduce fuel taxes, vehicle registration fees and other transportation related charges if voters approve Initiative 175 this fall. The legislation is intended to offset increased transportation funding caused by the ballot measure to limit potential funding reductions to other state programs.
Rep. Andy Boesenecker (D-53), a sponsor of the bill, explains why he believes transportation funding increases should be delayed until state revenue grows and other critical programs are funded. Tony Milo, president and CEO of the Colorado Contractors Association, outlines concerns that the legislation could undermine voter efforts to prioritize long-term transportation funding.
Tune in for a conversation on state budgeting priorities and how Colorado should fund its roads and infrastructure in the years ahead.
