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Colorado House approves deal to reduce property tax liabilities, paving the way for ballot initiatives' withdrawal

State senators still need to give the measure a final approval.
Credit: Stephen Swofford / Denver Gazette
Colorado Speaker of the House Julie McClusky, D, calls the House to order at the start of a special session on Monday, Aug. 26, 2024.

DENVER — Colorado House lawmakers on Wednesday moved forward with a deal aimed at reducing property tax liabilities for residential and business owners and paving the way for the withdrawal of two ballot initiatives contingent on the legislation's enactment.

State senators still need to give the measure a final approval, but it is expected to counter less resistance in that chamber.

The state House approved the compromise on a 45-18 vote after hours of debate.

> Read the full story from Colorado Politics

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