Proposed Amendment 74 sees Moffat County support, but state says no
Colorado voters on Tuesday turned back proposed Amendment 74, which would have changed Article II, Section 15, of the Colorado Constitution to read, “Private property shall not be taken or damaged, or reduced in fair market value by government law or regulation for public or private use, without just compensation.”
Proponents said the amendment was intended to protect landowners from property devaluation caused by government activity.
Colorado voters rejected the amendment by a healthy margin, with 1,055,692 voting against, compared to 913,300 voting in favor, a margin of 54 percent to 46 percent
In Colorado, constitutional amendments are required to gather 55 percent of the vote — plus one vote — for passage.
Among Moffat County voters statewide percentages were nearly reversed, with 2,839, or 54 percent, voting in favor of the amendment, and 2,393, or 46 percent, voting against.
The measure has been closely tied to Proposition 112, which voters also rejected on Tuesday. Proposition 112 would have increased the required setback for new oil and gas developments near areas intended for human habitation.