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Gov. Polis signing property tax bills into law amid opposition to plans

COLORADO SPRINGS, Colo. (KRDO) -- Governor Jared Polis signed two bills Wednesday - both concerning property tax in Colorado.

One bill will put a question on the November ballot as to whether to use TABOR money to lower property taxes. Polis said the bill is about creating a solution for those shocking homeowner appraisals homeowners were hit with earlier this year.

SB23-303 is the Reduce Property Taxes and Voter-Approved Revenue Change Act. It aims to reduce Coloradans' property taxes, but some think Polis is hoping to move their money around rather than actually saving them any money.

Michael Fields, the president of Advance Colorado, claims the bill has serious legal violations. Colorado's Constitution does not allow for bills to deal with more than one subject.

Fields said the bill violates that by dealing with property taxes and TABOR refunds.

While Polis signed the bill into law - a proposition will be on the ballot in November where voters will decide if their TABOR refunds will go towards reducing property tax.

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Riley Carroll

Riley is a weekend anchor and reporter for KRDO. Learn more about her here.


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