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CPR News: Relief for homeowners, seniors are some ideas for Colorado’s long-awaited property tax reforms

A bipartisan group has laid out its big ideas for resolving a years-long debate over how much money homeowners and others should pay on their property taxes in Colorado.

The state’s property tax commission on Friday voted to make a series of recommendations to lawmakers. These are just suggestions — the legislature still must decide whether to enact them. But Friday’s decisions will likely form a roadmap for what comes next.

In contrast, Commissioner Loren Furman, leader of the Colorado Chamber of Commerce, said that extending current cuts “is one of the most meaningful pieces that this commission could be focused on.”

She suggested extending the cuts through 2026, rather than the 2024 date that was originally suggested.

Read more here.