Two more measures added to November ballot | CraigDailyPress.com

Two more measures added to November ballot

Craig Press staff report

DENVER — Two more measures have been added to the Nov. 6 ballot, Colorado Secretary of State Wayne Williams announced on Tuesday, Aug 28.

The first measure, Initiative 108, would amend the state constitution to require that property owners be compensated for any reduction in property value caused by state laws and regulations. About 209,111 signatures were gathered in favor of placing the measure on the ballot, according to a news release from the secretary of state.

The second measure, Initiative 126, would restrict charges on payday loans to an annual rate of 36 percent and would eliminate all other finance charges and fees associated with payday lending. A total of 189,297 qualified signatures were gathered in support of the initiative.

Other initiatives still under review include Initiative 97, a measure dealing with requirements for oil and gas development, and Initiative 173, a measure to limit campaign contributions. Results of the review must be announced by Sept. 5.

Three other approved initiative that will appear on the ballot are:

• Initiative 73, a citizen-initiated measure to implement a formula to help increase taxes on the state’s top earners to fund education.

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• Initiative 167, popularly known as the “Fix our damn roads without raising taxes” proposal, which would authorize bonds to help fund road projects.

• Initiative 153, a measure to increase sales tax by 0.62 percent to help fund infrastructure improvement projects.