Note: Colorado public bank advocates are once again moving forward toward establishing a Public Bank for Colorado! On April 20, 2016, a measure was unanimously approved by the Colorado State Elections Division Title Board to put a Colorado Constitutional Amendment forward establishing a state-owned bank for further consideration and public dissemination. Colorado’s previous effort was stymied by challenge at the State Supreme Court under considerations of the TABOR amendment, which restricts government agencies from operating outside of fixed financial and taxation frameworks. The current version sidesteps that issue completely. In order for Colorado advocates to get this onto the ballot, a petition drive for about 100,000 signatures will be necessary.
Initiative for State-Owned Bank 2015-2016 (CO.)
