Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
SB23B-006

Real Property Valuation Cap

Concerning a limit on the percentage by which the actual value of most classes of real property may increase for the 2023 property tax year.
Session:
2023 Extraordinary Session
Subject:
Fiscal Policy & Taxes
Bill Summary

The bill ensures that the actual value of property used for purposes of valuation for assessment does not increase by more than 6% between 2022 and 2023 for property that does not have an unusual condition that results in an increase in actual value.
(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

Menu

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Sen. K. Van Winkle
Rep. M. Soper

Sponsor

Co-sponsor

The 2024 Statewide Ballot Information Booklet is now online