2011 Colorado legislation: State Joint Budget Committee approves preserving a floor of $10 million of severance tax revenues for water projects

A picture named fountainpavementdrawing.jpg

From the Sterling Journal Advocate (Marianne Goodland):

[JBC member Rep. Jon Becker] negotiated a lower cash transfer from a severance tax fund, an agreement that he said will preserve at least $10 million and maybe more for water projects…

[Sen. Greg Brophy] lauded [Rep. Jerry Sonnenberg] and especially Becker for making sure HB 1005 would pass. “Jon ensured that the money was there for the ag tax exemption, and he also made sure we put [millions more] into water projects. We cannot continue to fall behind in developing our water infrastructure.”

More 2011 Colorado legislation coverage here.

Leave a Reply