the minimum distance of all new oil and gas development from homes, schools, and other areas deemed vulnerable to at least 2,500 feet. If this proposition would have passed Colorado's economy would have been devastated. It was estimated that in the first year Colorado would lose between 201 and 258 million dollars in tax revenue. By 2030 that estimate could reach over one billion dollars. 43,000 jobs would also have been lost in the first year alone. The 2,500 foot setback would have made 85% of non-federal land in the state eliminated for new development. This would have eventually put an end to all oil and gas production in Colorado. History of fracking in Colorado While relatively new in the public spotlight of Colorado, fracking had been going on since 1973 when the first large scale fracking operation began in the Wattenberg Gas Field in Weld County, Colorado. In 1992 two landmark decisions were upheld by the supreme court, these were La Plata County, Colorado and Voss. The La Plata county ruling held up an ordinance that oil and gas companies must receive special permitting from the county commissioner or planning staff before drilling can begin. The ruling in Voss county upheld a ban on hydraulic fracturing in Greeley, Colorado as it is a home-ruled municipality, this ban was being challenged by the oil and gas industry. The next major ruling on fracking in Colorado came in 2012, when Longmont passed ballot measure 300, banning hydraulic fracturing and other uses of hydrocarbons for the extraction of gas and oil. As of January 2014 the Colorado oil and gas association was suing Longmont over the ballot measure and the case has yet to be argued. In 2013 flooding in the Colorado front range caused 14 oil spills totaling 48,000 gallons of oil spilled into the Colorado front range. In November 2013, voters in three Colorado cities (Boulder, Fort Collins, and Loveland) approved ballot initiatives to impose or extend moratoria on hydraulic fracturing. At the same time, Broomfield voters narrowly defeated an anti-fracking initiative. On January 26, 2017, CO HB1124, known as the Local Government Liable Fracking Ban Oil and Gas Moratorium, was introduced into the House. This bill would have banned hydraulic fracturing for oil and natural gas regardless of the interest of the owner. Furthermore, the local government would have been able to enact a moratorium on oil and gas