Colorado Gov. Jared Polis calls special session on property taxes — the second in last year

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Colorado Gov. Jared Polis calls special session on property taxes — the second in last year
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Gov. Jared Polis has called the state legislature into a special session aimed at building on recent property tax cuts and heading off a pair of ballot measures that opponents warn would be disastr…

Colorado Gov. Jared Polis, flanked by several state lawmakers, celebrates signing tax-related bills into law at the Boettcher Mansion in Denver on Tuesday, May 14, 2024. and heading off a pair of ballot measures that opponents warn would be disastrous for government services, he announced Thursday.

“Whatever the level of risk is — whether it’s a 50/50 chance it passes, or a 30% chance it passes — would result in immediately reestablishing the budget stabilization factor , defunding higher education, gutting local transportation funding and much more,” Polis said in an interview with The Denver Post Thursday morning.

The proposals spent the spring hanging over the legislature as a threat: Find a long-term solution to property tax reform, or let the voters decide in November. Many lawmakers thought they reached that solution with Senate Bill 233, a $1 billion cut to property tax rates that was signed into law and celebrated across political divisions.

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