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The Gallagher Amendment was an amendment to the Colorado Constitution enacted in 1982 and repealed in 2020 concerning property tax.It set forth the guidelines in the Colorado Constitution for determining the actual value of property and the valuation for assessment of such property. [1]
This Colorado man’s property tax tripled, despite his home being razed to the ground in a huge fire — and his appeal was denied without explanation. Danielle Antosz. October 19, 2024 at 6:03 AM.
The Colorado Department of Revenue (DOR) is a state agency in Colorado. The department collects most types of taxes and issues state identification cards and driver licenses and also enforces Colorado laws regarding gaming , liquor, tobacco, racing, auto dealers, and marijuana.
When Colorado voters passed the law that legalized marijuana, the voters approved using tax money generated from marijuana sales for schools, police, and drug education. As of April 2015, projections for marijuana tax revenue for Colorado were at $58 million, but it was unclear at that time whether the additional revenue would have to be ...
Colorado Gov. Jared Polis (D) said Wednesday that tax cuts have been key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election.
Despite seeing assessed home values soar by double digits, Colorado voters on Tuesday rejected a measure that would have lowered property tax bills for homeowners in return for decreasing a tax ...
“Right now, there are tax breaks for millionaires and tax bills, high property tax bills for everyday people,” Quinn said at a Capitol news conference Oct. 9. "That's not a fair system." More ...
An initiative abolishing the Colorado Tax Commission and transferring its duties to the Colorado Board of Equalization: Failed 80,362 (48.89%) 84,011 (51.11%) Measure 6 An initiative relating to the regulation of livestock running Failed 85,279 (35.47%) 155,134 (64.53%) Measure 7 An initiative allowing for the investment of public school funds ...