Katie joined the Denver7 team as a digital content producer in April of 2023.
Gov. Jared Polis announced on Thursday that he would call a special session of the state legislature to address Colorado property tax relief. It's set to begin Monday, Aug. 26 at 10 a.m. The governor said he's calling the special session in response to a pair of ballot measures — Proposition 108 and Initiative 50 — set to go before Colorado voters in November that he said would jeopardize funding for critical education services across Colorado.
During the regular session of the state legislature, lawmakers passed SB24-233 that allows homeowners to exempt 10% off the first $700,000 actual value of their property. The exemption would work on a sliding scale as the property value increases above the $700,000 mark.“Let’s say you have a $1.2 million house, it knocks $70,000 off the value,” said Governor Polis. “If it’s a $400,000 house, it knocks $40,000 off.
Colorado House Of Representatives Colorado Senate Colorado Special Session In 2024 Colorado State Legislature Gov. Jared Polis Governor Of Colorado
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