- What the plan would do: Raise the effective rate of severance tax by eliminating a credit for property taxes. It is expected to raise at least $200 million annually to be divided: 60 percent for undergraduate scholarships; 15 percent for wildlife protection; 15 percent for roads and clean water in the drilling regions; 10 percent for clean energy projects.
- Pros: The severance tax in Colorado is significantly lower than in New Mexico and Wyoming, though higher than in Utah. State officials say the tax pays for the loss of a finite resource and the money should be invested in Colorado's future: its students, clean energy and preservation of its environment.
- Cons: The industry says increasing taxes at a time when the economy is not doing well would not only dry up new investment but also eliminate jobs and leave the state economy even weaker.
Other issues that voters might see
Colorado housing investment fund
- What it says: Amend the constitution to add a 4 percent tax to every real estate transaction in Colorado to pay for affordable housing.
- Pros: Ensures low-income people can afford a home.
- Cons: Adds a tax of $4,000 for every $100,000 of sales price, placing a burden on middle- and upper-class.
- Status: Petition submitted; Not yet approved to start collecting signatures.
State sales tax for services for individuals with developmental disabilities
- What it says: Eliminate the waiting lists in Colorado for the developmentally disabled to receive state services by increasing the state sales tax rate by 0.2 percent, phased in over two years.
- Pros: Enables children and adults with developmental disabilities to receive help to be included in community life.
- Cons: Costs customers two cents on every $10 purchase.
- Status: Petitioners still must submit 76,047 valid signatures to get question on November's ballot.
Right-to-work
- What it says: Agreements requiring workers to pay for union representation would not be allowed in Colorado workplaces.
Just cause
- What it says: Employers would have to prove reasonable cause before firing workers.
Cost-of-living increases
- What it says: All employees would get pay increases tied to the inflation rate.