Colorado Lawmakers Advance Property Tax Relief Amid Legislative Tensions

Special session seeks to prevent severe cuts to local services by addressing contentious ballot measures.

Key property tax relief bill passes initial committee vote, advancing to full House debate.
Legislators aim to mitigate risks posed by ballot initiatives 50 and 108, which could drastically cut local funding.
The proposed bill includes $248 million in statewide property tax relief for 2025, with state backfilling lost local revenue.
Special districts and some lawmakers express frustration over exclusion from negotiations and potential impacts.
Governor Polis and legislative leaders emphasize the need for swift action to protect public services and education.