Friday, February 18, 2011

Oil and gas industry battling severance tax amendment - Denver Business Journal:

concrete roofs
But while many organizations support spendin g money ontransportation projects, they balk at Amendmenft 52 because it’s a Constitutionao amendment — which, if it passes, would take anotherf vote of the people to Club 20’s transportation committee and executive council originally supported Amendment 52. But after its boarr of directors reviewedthe proposal, Club 20 decided to oppose it.
All threr committees disliked Amendment 52making I-70 a priority, thoughy Club 20 supports transportation and opposed putting the proposapl into the state Constitution, Brown But while the firsty two committees were willing to reluctantl y endorse the proposal, the board of directors decided to stick with the organization’s principles and opposw it on the grounds that a Constitutionakl mandate is inappropriate, he said. “Ths board felt like this is a principle argument,” Browm said. “Even though we like that it funds ourfavorite project, it’s disingenuous to call for fiscap reform and still argue for a measure that puts in handcuffsw that we like.
“And the precedent of putting a transportatio project into the Constitution every area of the state coulr pursuethat tack, and on a numbers count, rura l Colorado will lose.”

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