Colorado Senate Hits On A Compromise
By Sam Brasch
COLORADO PUBLIC RADIO
The state Senate may have landed on a compromise to one of the thorniest issues at the legislature this year: how to pay for fixing Colorado roads.
From the opening day of this session, Senate Republicans have made it clear how they think the state should be funding its maintenance backlog. Senate Bill 001 would ask voters to authorize the sale of a massive bond package and commit a sizable chunk of state revenues in future years to paying it off.
But in a rare evening vote Wednesday, two Republicans broke with their party to support an amendment that re-writes SB18-001 and delays the bond ask to 2019. What do they get in return? The amendment commits a half a billion dollars in surplus tax revenue next year to new road projects.