Sam Peña is a multimedia journalist at Denver7 KMGH in Denver, Colorado.
Ahead of a special session for the Colorado state legislature, the state's Commission on Property Tax reviewed several bill proposals set to be discussed.Governor Jared Polis called the special session earlier this month to address property tax relief . It will begin Monday at 10 a.m. The special session will address a pair of ballot measures — Proposition 108 and Initiative 50 — that are set to go before Colorado voters in November.
The commission's framework would build upon Senate Bill 24-233, a bipartisan bill passed during regular session that allows homeowners to exempt 10% off the first $700,000 actual value of their property.Representative Lisa Frizell told Denver7 that she expects to see between 15 to 20 bills discussed during the special session. The commission reviewed three bills during its meeting. The proposed legislation would lower assessment rates for the county to between 6.3 to 6.
Colorado Legislature Colorado Property Tax Colorado Special Session Colorado Tax Cuts Colorado Tax Relief Colorado Taxes Property Tax Cuts Property Tax Relief Special Session
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