A Note from Lara… Welcome to the latest edition of Legislative Snippets! This edition has news on legislation updates, proposed changes you need to know about, court cases and other interesting snippets for you to put on your radar as well as in your legislative/legal toolkit. Enjoy! Amendment 69: Colorado State Health Care System Initiative The Colorado State Health Colorado Constitution requiring ColoradoCare to Care System Initiative, also establishing a healthcare contract with healthcare known as Amendment 69, payment system to fund providers to pay for specific will be on the November 8, healthcare for all individuals healthcare benefits; 2016, ballot in Colorado as an whose primary residence is transferring administration initiated constitutional in Colorado, and, in of the Medicaid and amendment. connection therewith, children's basic health creating a governmental programs and all other state Amendment 69 was called entity called ColoradoCare and federal healthcare Initiative 20 during circulation. to administer the healthcare funds for Colorado to payment system; providing ColoradoCare; transferring A "yes" vote is a vote in favor for the governance of responsibility to of creating ColoradoCare, a ColoradoCare by an interim ColoradoCare for medical healthcare payment system board of trustees until an care that would otherwise designed to finance elected board of trustees be paid for by workers' healthcare for Colorado takes responsibility; compensation insurance; residents partly through an exempting ColoradoCare requiring ColoradoCare to approximately $25 billion from the Taxpayer's Bill of apply for a waiver from the increase in state taxes. Rights; assessing an initial Affordable Care Act to tax on the total payroll from establish a Colorado A "no" vote is a vote against employers, payroll income healthcare payment system; creating ColoradoCare. from employees, and and suspending the nonpayroll income at operations of the Colorado Ballot title varying rates; increasing health benefit exchange and The ballot title and submission these tax rates when transferring its resources to clause as designated and ColoradoCare begins ColoradoCare?” fixed by the Board is as making healthcare follows:[6] payments for beneficiaries; Constitutional changes capping the total amount of The measure would amend state taxes be income subject to taxation; the Colorado Constitution by “Shall increased $25 billion authorizing the board to adding an additional article, annually in the first full fiscal increase the taxes in Article XXX, which can be year, and by such amounts specified circumstances read . that are raised thereafter, by upon approval of the an amendment to the members of ColoradoCare; Click to read more. National Legislation and News
A Note from Lara… Welcome to the latest edition of Legislative Snippets! This edition has news on legislation updates, proposed changes you need to know about, court cases and other interesting snippets for you to put on your radar as well as in your legislative/legal toolkit. Enjoy! Amendment 69: Colorado State Health Care System Initiative The Colorado State Health Care System Initiative, also known as Amendment 69, will be on the November 8, 2016, ballot in Colorado as an initiated constitutional amendment. Amendment 69 was called Initiative 20 during circulation. A "yes" vote is a vote in favor of creating ColoradoCare, a healthcare payment system designed to finance healthcare for Colorado residents partly through an approximately $25 billion increase in state taxes. A "no" vote is a vote against creating ColoradoCare. Ballot title The ballot title and submission clause as designated and fixed by the Board is as follows:[6] “Shall state taxes be increased $25 billion annually in the first full fiscal year, and by such amounts that are raised thereafter, by an amendment to the Colorado Constitution establishing a healthcare payment system to fund healthcare for all individuals whose primary residence is in Colorado, and, in connection therewith, creating a governmental entity called ColoradoCare to administer the healthcare payment system; providing for the governance of ColoradoCare by an interim board of trustees until an elected board of trustees takes responsibility; exempting ColoradoCare from the Taxpayer's Bill of Rights; assessing an initial tax on the total payroll from employers, payroll income from employees, and nonpayroll income at varying rates; increasing these tax rates when ColoradoCare begins making healthcare payments for beneficiaries; capping the total amount of income subject to taxation; authorizing the board to increase the taxes in specified circumstances upon approval of the members of ColoradoCare; requiring ColoradoCare to contract with healthcare providers to pay for specific healthcare benefits; transferring administration of the Medicaid and children's basic health programs and all other state and federal healthcare funds for Colorado to ColoradoCare; transferring responsibility to ColoradoCare for medical care that would otherwise be paid for by workers' compensation insurance; requiring ColoradoCare to apply for a waiver from the Affordable Care Act to establish a Colorado healthcare payment system; and suspending the operations of the Colorado health benefit exchange and transferring its resources to ColoradoCare?” Constitutional changes The measure would amend the Colorado Constitution by adding an additional article, Article XXX, which can be read . Click to read more. National Legislation and News