Getting your player ready...
DENVER—A Senate committee has given its approval to a bill that would help some landowners appealing conservation-easement tax credits that were later denied.
The Senate Finance Committee approved a measure Thursday (House Bill 1300) that would allow property owners to go directly to district court to dispute the state’s assessment, or give the state Department of Revenue three years to settle disputes administratively after property owners said it was taking years to have their appeals heard.
The issue involves tax credits that were granted to property owners in exchange for not developing their land. Some of those credits were later denied.
About 600 property owners are challenging their denials.
