Colorado Governor signs property tax relief bill for homeowners.

1 min read
Source: CBS Colardo
Colorado Governor signs property tax relief bill for homeowners.
Photo: CBS Colardo
TL;DR

Colorado Governor Jared Polis signed a bill aimed at providing property tax relief to homeowners, which now requires voter approval. The new law would result in lower property tax increases but also less of a refund under the Taxpayer Bill of Rights. Many residents saw their property tax values skyrocket last year, with increases ranging from 30% to 70%.

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