After Prop HH defeat, announcement could come soon on special session to address soaring property taxes

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After Prop HH defeat, announcement could come soon on special session to address soaring property taxes
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Jeff is an executive producer with the Denver7 Digital Team.

DENVER — After Tuesday’s resounding defeat of statewide proposition HH, which aimed to provide tax relief to Colorado property owners amid skyrocketing home values, multiple high-ranking sources within the state capitol tell Denver7 Chief Investigative Reporter Tony Kovaleski an announcement on a special session to find other solutions could come within the next 24 hours.

Colorado Republicans have previously pushed for the governor to call a special session to address property tax relief and again called for the session on election night as it was apparent voters were rejecting Prop HH. The Minority Whip, Sen. Barbara Kirkmeyer, previously told Denver7 that would “be a 50% reduction, essentially, on homes valued up to $400,000."

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