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Colorado’s high-stakes property tax battle ends dramatically as opposing sides agree to embrace $700M reduction

Colorado’s property tax arms race ended Friday morning after conservative and liberal groups moved to withdraw the ballot measures they were pursuing for the November ballot that would have dramatically altered the tax code.  Democratic leaders in the legislature, meanwhile, vowed not to pursue an opposing ballot initiative that would have prevented property tax changes […]

Posted inEconomy, Housing, News, Politics and Government

Property tax arms race involving Colorado power players grips Capitol as fragile deal starts to deteriorate

A property tax arms race involving some of the state’s most powerful people is unfolding behind the scenes at the Colorado Capitol in the final days of the 2022 lawmaking term, jeopardizing a fragile deal unveiled this week. The deal, backed by the governor and negotiated over several weeks, would reduce projected property tax increases […]

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Colorado governor, lawmakers unveil plan to slash property taxes by $700M to head off business group’s ballot measure

Colorado property owners would get a $700 million break on their rising tax bills over the next two years under a plan unveiled Monday by Gov. Jared Polis and state lawmakers that’s aimed at preventing a business group from pursuing an even larger reduction in November.  The legislature, in a deal reached in the final […]