By Marianne Goodland | Colorado Politics
The long-awaited major property tax bill will likely be introduced sometime early next week, giving it about a week to work through the General Assembly before its May 8 adjournment.
This bill, however, will have had an advantage that previous bills, most notably the 2023 legislation, didn’t have: a public airing of its concepts.
That’s because the bill will be largely based on the recommendations of the property tax commission, which has been meeting since last December.
Lawmakers have been scrambling to deal with skyrocketing property taxes since 2020 when voters approved repealing the Gallagher Amendment, which set specific assessment rates for residential and non-residential properties.