A bill that would have quadrupled property taxes for thousands of short-term rentals in Colorado is set to be significantly watered down next week, according to the bill’s sponsor. Since Sen. Chris Hansen, D-Denver, proposed the bill in the fall, AirBnB, VRBO and other short-term rental owners have rallied against the idea, saying it would devastate the tourism economy that ski towns rely on. Senate Bill 33 proposed classifying any property used as a short-term rental for more than 90 days per year as a lodging property beginning in 2026.