DENVER — The Colorado state Senate on Saturday made several changes to the Democratic solution to soaring property taxes, notably by increasing the revenue growth rate under which a local government would be eligible to receive a state "backfill."
"Backfill" means state money that would go a local entity that, as a result of the Democrats' proposal, won't collect as much in property tax revenue.
>The video above is from Nov. 19, 2023.
In addition, Senate Democrats added ambulance and emergency services to the entities that would get "backfill" dollars. They also increased the amount that residential and multi-family homes can exempt when calculating property tax liability.
Meanwhile, the House advanced several measures, but not before pro-Palestinian protesters filled the gallery and disrupted the proceedings. They waved flags and shouted at lawmakers. House sergeants and state patrol officers removed the protesters, but they reconvened on the third floor outside the Senate chamber, where they again waved flags and shouted.
>Read the full story on Colorado Politics.
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