By Jesse Paul and Brian Eason | The Colorado Sun
Want to get state lawmakers’ attention? All you need is a few million dollars and an idea big enough to shake up Colorado’s policy landscape.
The special legislative session on property taxes that ended Thursday was the product of two wealthy groups that shelled out large sums to collect enough voter signatures to get a pair of measures on the statewide ballot.
Initiative 108 would have cut property taxes by an estimated $2.4 billion starting in the 2025 tax year, while Initiative 50 would have amended the state constitution to impose a 4% cap on future property tax revenue.