In 2022, Colorado voters approved a ballot measure reducing income tax deductions for people and couples earning $300,000 or more a year in federal adjusted gross income. The initiative, Proposition FF, raised money for a program that provides free breakfasts and lunches to all students in the state’s K-12 public schools.

But when nonpartisan analysts in the Colorado legislature tried to predict how much tax revenue the change would generate, they underestimated.

Under the Taxpayer’s Bill of Rights, the state cannot keep revenue in excess of nonpartisan legislative staff’s estimates without voter approval. Which is why Proposition LL is on the ballot in November after being referred to voters this year by Democrats at the Colorado Capitol.

Here’s what you need to know about the measure.

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