Amendment 50 - More Gambling

by: DavidThi808

Sat Sep 20, 2008 at 08:59:49 AM MDT

The extra tax revenue generated by the changes would be required to be distributed 22% to the cities where limited gaming exists for gaming impacts and 78% for student financial aid for higher education. Any increases in gaming taxes would have to be approved by a statewide vote. Only institutions of higher learning operating by July 1, 2008 could receive funds.

Further info at Colorado Ballot - The misnamed Limited Gaming