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House attempts to change property taxes yet again fail

As expected, the House attempts to pass additional property tax changes this session, including capping all property taxes at 1.35 percent and passing a Taxpayer Bill of Rights (TABOR) failed to gain any traction in the Senate. Senate members had long indicted their unwillingness to implement additional reforms, agreeing with FAC, that the impact from changes already made should be given a chance before additional dramatic reforms are implemented. While these bills were stopped this year, FAC expects the fight for TABOR and other limitations on local governments to continue over the next few years. For more information, please contact Dan Owens.