Polis signs bills limiting property and income taxes
Just eight days after legislators introduced a slowly cooked bill to reduce commercial and residential property tax assessments, Gov. Jared Polis quickly signed the bill…
Taxes
Businesses expected the worst in 2024. They got “the most successful session in years.”
At the start of the 2024 legislative session, Colorado business leaders cringed at the thought of frustrated progressives not just bringing back bills that were…
Property-tax break crosses finish line as 2024 legislative session adjourns
A bill to offer a $1.3 billion property-tax cut completed a whirlwind ride through the Legislature on the final day of the 2024 session Wednesday,…
Legislators announce, advance bipartisan bill to reduce property taxes
On the last possible day to do so, a bipartisan group of legislators announced a deal Monday to reduce property taxes for homes and commercial…
In shift, appointed commission proposes cap on property-tax revenue increases
Faced with the increasing likelihood of having to contend with a tax-revenue cap initiative on the November ballot, the appointed Commission on Property Tax pivoted…
Details of property-tax cut proposal revealed
Commercial properties would receive gradually increasing tax breaks over the next eight years, homeowners would get breaks based on property values and the Legislature would…
Bill to raise short-term rental tax rates suffers overwhelming defeat
A bill that sought to quadruple tax-assessment rates for Colorado owners of active short-term rental properties died at its first legislative committee hearing Tuesday, even…
10-point property tax commission recommendation includes flexible tax-revenue cap
A state commission on Friday recommended a 10-point plan to reduce tax pain caused by rising property valuations, including continuation of soon-to-expire residential tax breaks,…
Four long-term property tax fixes rising to top of special commission’s discussions
Rather than capping property-tax increases, a legislatively appointed commission is looking at making it less painful for state residents to pay property taxes through several…
Property tax commission narrowing in on proposals that differ from ballot initiatives
Members of a commission tasked with developing a long-term solution to Colorado’s spiking property-tax values heard from proponents of competing ballot measures on the subject…