Colorado Priorities, a group backing a ballot measure that would have eased a revenue cap on state government, announced Tuesday that it has suspended its campaign.
The measure would have temporarily suspended refunds to taxpayers, as the Taxpayer Bill of Rights -- or TABOR -- requires when revenue collection outpaces population growth and inflation. The group says that revenue is needed elsewhere, especially in the state's school and transportation systems.
Colorado Priorities' executives cited a crowded ballot in their decision to stop their campaign.
“In November, Colorado voters are going to be asked to decide on up to 10 statewide ballot initiatives, dozens of candidates as well as local ballot initiatives," a statement from the campaign said.
The chock-full ballot "has made it difficult to secure the resources necessary for us to win in November," it concluded.
Initiative campaigns must turn in nearly 100,000 valid signatures by Aug. 8 in order to have a chance of making this fall’s ballot. There are nearly a dozen statewide measures in the works.