Colorado Tax Initiative Negotiations
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ballot initiativesgazette.com
•Parties hint of negotiations to remove Colorado property tax initiatives from November ballot
71% Informative
Proposition 108 and its companion measure, Proposition 50 , could not appear on the November ballot if lawmakers and advocates succeed in negotiating the terms for a rare special legislative session that would tackle soaring valuations.
The deadline to remove the propositions from the ballot is Sept. 6 .
In Colorado , there is no state property tax; only local governments may impose and collect property taxes.
Fields said the government should not grow faster than taxpayers’ wages.
“Our goal has always been real property tax relief for homeowners and businesses,” Fields said.
Fields: “The legislature still has a narrow window to do that. But if they don’t, we will be going full steam ahead with both measures”.
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