Education tax hike gets first hearing at Colorado Capitol
DENVER – Some supporters of public schools are backing a proposal that would allow the Legislature to raise taxes to pay for education.
The proposal is up for its first hearing Monday in the House Education Committee.
It seeks to ask voters this fall if they would give the Legislature approval to raise taxes as needed to pay for preschool through higher education.
Since it’s a referred measure, it needs the support of two-thirds of lawmakers to pass. That would mean it would have to garner bipartisan support, a long shot in an election year.
Funding for Colorado schools has been mostly protected through the recession but, starting in July, schools are set to lose $365 million of the funding they normally receive, a 6.4 percent drop.