March 20, 2014 By Colorado Observer Staff
Local communities that ban oil and gas development would be blocked from receiving tax revenues collected from those efforts in other parts of the state under a new ballot initiative filed Thursday by state lawmakers.
State Rep. Jerry Sonnenberg (R-Sterling) and Rep. Frank McNulty (R-Highlands Ranch) say their ballot question for the November election would ensure that energy funds are returned to the communities where it is generated and not misdirected to those that oppose energy development.
“While only a small handful of liberal communities have taken the draconian, anti-science step of banning hydraulic fracturing and energy development, the policy is an important one – if you adopt Sierra Club type energy bans that hurt our communities and our schools, don’t expect energy revenues to pick up your tab,” said former House Speaker McNulty. Continue reading “Ballot Measure Would Block Energy Revenues Where Development is Banned” »