TR-15-2-TABOR Refund for Transportation

WHEREAS Colorado’s transportation system has been underfunded for years due to a flat gas tax at the state and federal level, and

WHEREAS Congress has not passed a long-term transportation funding bill, and

WHEREAS Congress recently passed the 34th continuing resolution to fund transportation for a short period of time, and

WHEREAS it is extremely difficult to plan and operate a transportation system without predictability of funding, and

WHEREAS our transportation infrastructure is falling further and further behind in the ability to maintain our existing system and increase capacity for our growing population, and

WHEREAS the state of Colorado is subject to TABOR limitations when excess revenue is collected by the state and must be refunded to the taxpayer, and

WHEREAS any surplus funds collected by the state of Colorado in future years could fund many needed transportation projects that have no funding currently available.

NOW, THEREFORE, BE IT RESOLVED that CLUB 20 supports the state legislature going to the voters in 2016 to authorize retention of TABOR revenues to be allocated to the Highway Users Tax Fund (HUTF) for highway improvements throughout the state of Colorado, and

BE IT FURTHER RESOLVED that CLUB 20 believes that placing the funds in the HUTF would make any funding transparent to the voters of Colorado and these funds would be used for highway projects and ongoing maintenance, and

BE IT FURTHER RESOLVED that CLUB 20 believes that these funds should be placed in the HUTF for a period of two years.

Adopted 9/11/2015