Colorado's Special Session: Impactful Laws, Property Tax Relief, and Partisan Politics

Colorado lawmakers passed several pieces of legislation during a special session that will impact nearly every resident. The bills signed into law by Governor Jared Polis include measures to limit property tax increases, equalize TABOR refunds for all taxpayers, expand the earned income tax credit, and provide additional emergency rental assistance. While the property tax relief measures may save homeowners a few hundred dollars, rising property values may still result in higher taxes for many. Critics argue that equalizing TABOR refunds amounts to wealth redistribution, but supporters say it will benefit lower-income earners.