Colorado House advances property tax ballot initiatives deal

House Majority Leader Monica Duran, a Wheat Ridge Democrat, center, discusses property tax changes with Rep. Brandi Bradley, a Littleton Republican, left, and House Minority Leader Rose Pugliese, a Republican from Colorado Springs, during the second day of the special session in the House Chamber of the Colorado State Capitol in Denver on Tuesday, Aug. 27, 2024. (Photo by Hyoung Chang/The Denver Post)

By Nick Coltrain | ncoltrain@denverpost.com | The Denver Post and Seth Klamann | sklamann@denverpost.com | The Denver Post

PUBLISHED: August 28, 2024 at 6:00 AM MDT | UPDATED: August 28, 2024 at 12:43 PM MDT

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If House Bill 1001 becomes law, fiscal analysts say it will cut statewide property tax collections by about $254 million, on top of the $1.3 billion cut approved by lawmakers last spring.

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