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Proposition Hh

All articles tagged with #proposition hh

politics2 years ago

"Gov. Polis Declares Emergency, Calls Special Session to Address Property Tax Crisis After Prop HH Defeat"

Gov. Jared Polis has called a special session of the state legislature in response to the rejection of Proposition HH by Colorado voters. He is urging lawmakers to produce a property tax relief plan before December to prevent homeowners from facing record increases. Polis wants the legislature to pass a bill providing relief for the upcoming tax year and establish a task force to address rising property taxes in the long term. He believes Prop HH failed due to its complexity, while Republican Rep. Lisa Frizell argues that the tax relief it offered was too modest. The special session is set to begin on November 17th.

via CBS News|
#colorado#gov-jared-polis#politics
politics2 years ago

Colorado Governor Calls Special Session to Address Property Tax Concerns

Colorado Governor Jared Polis has called for a special legislative session to address the issue of rising property tax rates following the failure of Proposition HH, a measure aimed at providing property tax relief and school funding. The session, set to begin on November 17, comes after voters rejected the initiative, which sought to combat a significant increase in home values and subsequent property tax bills. Lawmakers face pressure to reach a deal quickly before the holiday season, as a failure to pass a tax cut before early December would result in locked-in tax increases. Progressives are advocating for targeted relief for low- and middle-income residents, while Republicans seek clean tax cuts that avoid long-term reductions in taxpayer refunds under TABOR. The debate also involves school districts and local governments, which could lose significant revenue if property taxes are cut without increased financial support.

via The Colorado Sun|
#colorado#politics#property-taxes
politics2 years ago

The aftermath of Proposition HH: Tough choices ahead

The failure of Proposition HH in Colorado means that property taxes will rise by an average of 40% across the state, unless there is swift legislative or local government intervention. Additionally, taxpayers who make less than $99,000 will receive smaller TABOR refunds next year compared to what they would have received if Proposition HH had passed. The failure of the measure also has implications for future tax bills and refunds in the coming years. The legislature has a limited time to address these issues before local governments set their budgets.

via The Colorado Sun|
#colorado#legislative-intervention#politics
politics2 years ago

Colorado Voters Reject Proposition HH, Leaving Tough Options Ahead

Colorado voters rejected Proposition HH, a measure that would have lowered property tax bills for homeowners in exchange for decreasing a state-specific tax refund. The measure aimed to prevent property tax bill increases and provide relief to seniors and working families. However, opponents argued that it could ultimately cost taxpayers more than they save on property taxes. The measure would have also resulted in smaller taxpayer refunds for renters without providing direct relief. Voters did approve another tax measure that allows more funds from a tobacco tax to be allocated to the state's universal preschool program.

via PBS NewsHour|
#colorado#politics#property-tax
politics2 years ago

Colorado Voters Reject Proposition HH, Dealing Blow to Property Tax Relief Measure

Colorado voters rejected Proposition HH, a property tax relief and education-funding measure pushed by the state's Democratic leaders. Over 60% of voters rejected the measure, which aimed to address large property tax increases expected next year. The defeat marks the second time in four years that voters have rejected attempts by state Democrats to raise spending limits under the Taxpayer's Bill of Rights. Supporters argued that the measure would provide relief from property tax increases and boost education funding, while opponents saw it as an end-run around the TABOR amendment. The outcome leaves uncertainty about the pathway forward for property tax relief in the state.

via The Denver Post|
#colorado#education-funding#politics
politics2 years ago

Unraveling the Impact of Colorado's Proposition HH on Property Taxes and Education Funding

The Colorado state title board is raising questions about the accuracy of Proposition HH, a ballot measure dealing with property taxes. The board found that the measure, which claims to be a property tax reduction, actually includes provisions that increase taxes. The board attempted to draft a more detailed ballot question, but ultimately refused to set a title for a similar measure, Initiative 88, which was essentially a duplicate of Prop HH. Critics argue that the board's changes would hurt Prop HH and suggest that the board may have eliminated the initiative altogether.

via CBS Colardo|
#ballot-measure#colorado#politics
politics2 years ago

Colorado tax relief plan and ticketing ban face challenges from judge and governor.

A Denver judge rejected a lawsuit filed by conservative fiscal activists and GOP-led counties to block a 10-year property tax plan formed by Gov. Jared Polis and Democrats in the legislature from going before voters in November. Proposition HH was placed on the November ballot through a bill passed by the legislature in May. It's meant to respond to massive increases in Coloradans' property tax bills starting next year caused by a sharp spike in property values. The plaintiffs in the lawsuit plan to appeal the decision directly to the Colorado Supreme Court.

via The Colorado Sun|
#colorado#gop#lawsuit
politics2 years ago

Gov. Polis Signs Property Tax Relief Measures and Other Colorado Bills into Law

Colorado Governor Jared Polis signed Senate Bill 303 into law, which will provide property tax relief to homeowners and non-residential property owners over the next decade. The bill will also allow older Coloradans who downsize to keep their homestead exemption. The tax relief plan will be on the November ballot as Proposition HH, which is designed to lower property tax rates for the next 10 years. The bill also addresses how commercial property is taxed in the state and streamlines the appeal process.

via FOX 31 Denver|
#colorado#governor-jared-polis#politics