"Colorado House Races to Offer Property Tax Relief, Sends Bill to Senate"
The Colorado House of Representatives has passed a legislative measure, HB23B-1003, to create a Commission on Property Tax Task Force aimed at developing long-term solutions to rising property tax payments in the state. The task force would consist of legislators, a property tax administrator, and various local government and community leaders. The goal is to address the increasing property taxes since the repeal of the Gallagher Amendment in 2020. The bill now awaits approval from the Senate before it can be signed into action by Gov. Jared Polis.