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Colorado voters to decide if sports betting tax should go to water conservation

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2024-05-23

Colorado voters to decide if sports betting tax should go to water conservation

Colorado voters in November will be asked to decide if the state should keep and spend revenue from an existing sports betting tax above $29 million on water conservation projects.

House Bill 24-1436, sponsored by Speaker Julie McCluskie, D-Dillon, Rep. Marc Catlin, R-Montrose, and Sens. Dylan Roberts, D-Frisco and Cleave Simpson, R-Alamosa, was signed into law by Democrat Gov. Jared Polis on Monday along with six other bills during a four-city trip along the western slope.

Legalized sports betting was approved by 51.4% of Colorado voters who voted for Proposition DD in 2019. It included a 10% tax on those conducting sports betting. The money was designated for implementation of the state’s water plan and other public projects.

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