Left Hand Valley Courier - All Local, All The Time

Amendment B: Repeal property tax assessment rate restrictions

 
Series: Election 2020 | Story 4

October 21, 2020



For the past few weeks, Colorado television and the internet have been littered with commercials about Amendment B. This amendment seeks to repeal the nearly 40-year-old Gallagher Amendment, a provision in the Colorado constitution used to calculate property tax rates.

As it is now, residential property taxes make up 45% of the overall tax base, while nonresidential properties--primarily busine...



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