DALLAS -- Colorado's Amendment I could continue to have a chilling effect on future debt issuance in the state, despite a flurry of recent bond issues that had been held up by unsuccessful legal challenges by supporters of the 1992 amendment.

An estimated $437 million in bond issues that were approved by voters in November 1993 to finance various school districts and municipalities had been put on hold after amendment supporters argued that the ballot initiatives were improperly worded.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.