Move made after legislature fails to send funding measure to ballot
The Denver Metro Chamber of Commerce will pursue a ballot initiative next year to boost state transportation funding after the state legislature failed to send voters a measure to raise $3.5 billion for roads and transit this year.
“We ask everyone to help get this done,” president and CEO Kelly Brough told a crowd of more than 1,000 members gathered Wednesday for the chamber’s annual meeting at the Hyatt Regency Denver at the Colorado Convention Center.
Brough, in an interview after the announcement, said specifics are still being worked on with several other groups, but she hinted that the size and scope of the hard-fought but failed House Bill 1242 offers a starting point.
“We will wrestle with the question of how much revenue,” she said.
The bill, sponsored by Democratic House Speaker Crisanta Duran and Republican Senate President Kevin Grantham, sought to increase the statewide sales tax to 3.52 percent from 2.9 percent for 20 years to raise $3.5 billion for transportation funding.
But Senate conservatives, opposed in principle to tax increases and state spending priorities, contributed to the bill’s demise late in the session, ending what backers had hailed as a grand bargain between Republicans and Democrats to address a critical need.