New CO property tax legislation

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DENVER, Colo. (KKTV) - Gov. Jared Polis called for a special session last month to try and find a solution to Colorado?s rising property taxes. That special session started a week and a half ago. The governor called the session to avoid adding some ballot measures that he says would have impacted funding for schools.

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More at link.

?We are proud to see Colorado move forward?: State legislature passes lasting property tax solution (msn.com)

The actual text is available here: 2024b_1001_signed.pdf (colorado.gov)

Still need to wrap my head around what exactly this does and if it's an actual Dem rare win or more of the same shenanigans.

It's a dem win. I've only skimmed through it, but it caps the increases quite high, IIRC it caps it more than 50% above what the voter initiative wouldve been. And a voter initiative would've won by a huge margin. I halfway wonder if the proponents of that initiative got some "lobby" benefits passed along.

Typical D move, tax every resident a few extra k, then toot your own horn and pull your pud when you "save" them $20 from all their additional taxes the following year.

I haven't read it but I'm confident we're getting screwed.

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Originally Posted by FoxtArt

It's a dem win. I've only skimmed through it, but it caps the increases quite high, IIRC it caps it more than 50% above what the voter initiative wouldve been. And a voter initiative would've won by a huge margin. I halfway wonder if the proponents of that initiative got some "lobby" benefits passed along.

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How can they cancel all the voters who signed the petition? Should have left it and let the legislature scramble.

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Originally Posted by Eric P

How can they cancel all the voters who signed the petition? Should have left it and let the legislature scramble.

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Voters are irrelevant rubes, what matters now are ballots sent to illegals living 87 to a tent down by the river