Voice of the Electorate (VOTE) is hosting a Colorado Proposition HH forum on Thursday, September 14th, at 7:00 PM in the Apex Room at Holiday Inn Express. This proposition will be on the November 7th ballot and will make various changes to state property taxes and changes to state revenue limits. Some of its intended results include:
- reducing property tax rates;
- allowing the state to retain and spend revenues that it would otherwise be required to refund to residents under the Colorado Taxpayer’s Bill of Rights (TABOR);
- creating a new, increased cap on state revenue, allowing the state to retain and spend additional revenue each year up to the Proposition HH Cap;
- allocating revenue to local governments to make up for decreased property tax revenues; and
- creating a limit on local government property tax revenue.
To learn more about this measure, visit Colorado Proposition HH, Property Tax Changes and Revenue Change Measure (2023) – Ballotpedia.