Colorado's Special Session: Tax Relief and Property Tax Fix Passed

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Source: FOX 31 Denver
Colorado's Special Session: Tax Relief and Property Tax Fix Passed
Photo: FOX 31 Denver
TL;DR

The special session at the Colorado Capitol concluded with lawmakers passing a property tax relief measure that is expected to save Coloradans between $400-700, depending on home price and location. Governor Jared Polis also signed a measure for a Taxpayer's Bill of Rights refund check of $846 for every taxpayer in the state. Republicans criticized the bills, stating they were off-topic and too similar to the failed Proposition HH. The property tax plan passed during the special session uses $200 million already set aside by lawmakers and does not include a portable senior homestead exemption. An exemption plan for older, disabled, and veteran Coloradans was presented but did not pass.

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