1F82EEB53FC52CE387258AD3007EE4B2 Hearing Summary

PUBLIC
BILL SUMMARY For SHARE OUT OF BREAKOUT GROUPS AND NEXT STEPS

JOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX
Date Mar 1, 2024
Location Old Supreme Court

Share Out of Breakout Groups and Next Steps - Committee Discussion Only

04:06:03 PM

Mr. Olme presented a summary of the Assessments Breakout Group. R. Fagan facilitated a discussion among the commission about smoothing and strategies to change residential/nonresidential assessment ratios.

04:31:44 PM

Ernest House Jr., Keystone Policy Group, facilitated a discussion about the Local Control Breakout Group.

04:38:56 PM

Commissioner Davis presented a summary of the Taxpayer Relief Breakout Group, including discussions around monthly payments, expanding the homestead exemption, targeted relief for low- and fixed-income property owners, a non-residential value exemption, expanding the existing deferral program, and adjustable caps. T. Faust facilitated a discussion among the commission.

04:57:09 PM	Motion	Extend the work of the Commission beyond March 15, 2024.
	Moved	Andy Kerr (Vice Chair)
	Seconded

	Baisley	Excused
	Jonathan Cappelli	Yes
	deGruy Kennedy	Yes
	Cody Davis	Yes
	Brenda Dones	Yes
	Sean Doughrety	Yes
	Frizell	Yes
	Loren Furman	Yes
	JoAnn Groff	Yes
	Brett Johnson	Yes
	Lori Laske	Yes
	Bob Olme	Yes
	Tamara Pogue	Yes
	Chris Richardson	Yes
	Ann Terry	Excused
	Kevin Vick	Yes
	Jay Yamashita	Yes
	Andy Kerr (Vice Chair)	Yes
	Hansen	Yes
		YES: 17 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

Share Out of Breakout Groups and Next Steps - Committee Discussion Only

Colorado General Assembly