Comment on Property taxes in Colorado will be capped, gas fee will stall as Polis signs bills into law

Property taxes in Colorado will be capped, gas fee will stall as Polis signs bills into law

Gov. Jared Polis began his post-General Assembly bill-signing tour Monday by inking into law an effort to blunt the bite of rising property taxes and another that delayed a gasoline fee initially set to go into effect this year. The first, SB22-238, amounts to a $700 million cut to property taxes in 2023 and 2024 as policy makers try to dull how much owners owe due to skyrocketing property values.

 

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