Fee-funded water enterprise will now go to voters if passed by legislature

 

A new enterprise fund proposed by Republican Sen. Don Coram will go to the voters if it makes it way out of the state legislature.

The bill, that would provide financing to water providers for myriad things, lacked support by some who would otherwise embrace an idea for more revenue to fund water storage in Colorado.

The biggest issue with Senate Bill 21-034, brought by the southwestern Colorado senator, was it proposes a new enterprise fund, funded by a new fee on water that detractors saw as being in conflict with the Taxpayer’s Bill of Rights (TABOR) if it did not go to the public for a vote.

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