Skip to content

Special Session Cuts Coloradans’ Property Taxes

Special Session Cuts Coloradans’ Property Taxes

September 3, 2024 Last Edit: June 5, 2025

Compromise agreement cuts Coloradans’ property taxes, providing real relief for small business owners.

Special Session Cuts Coloradans’ Property Taxes

During a four-day special session at the end of August, lawmakers approved a bipartisan compromise agreement, House Bill 24B-1001, to cut Coloradans’ property taxes. The bill cuts property tax rates and caps annual property tax rate increases, without raiding Coloradans’ Taxpayer Bill of Rights refunds. “Colorado taxpayers need greater predictability in our property tax system,” NFIB State Director Tony Gagliardi said. “This was an important first step in reining in Colorado’s property taxes.” Governor Polis signed the compromise agreement passed by the General Assembly on Wednesday, September 4.  
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

East Front of United States Capitol
Related
April 23, 2026
NFIB Supports Legislation to Increase the Small Business Deduction to 23%
The Small Business Tax Cut Act would build on the success of Congress making the Small Business Deduction permanent
Read More
Illinois state capitol IL springfield photo by Todd Pack
Related
April 23, 2026
New Tax Proposal Stalls in Illinois House
NFIB testified against the so-called millionaire’s tax in Illinois that would have disproportionately impacted small businesses
Read More
Related
April 22, 2026
READ: Arizona Small Businesses (Nervously) Await State Tax Conformity Deal Before Session Ends
“The Legislature has done its part. Governor Hobbs should finish the job, now, before one more small business owner has to guess about their future.”
Read More
Related
April 21, 2026
Small Business Community Files Amicus Brief Urging Colorado Supreme Court to Defend Longstanding Employment Law
“This Court’s review is needed to reassert that Colorado’s faithless servant doctrine applies to breaches of all fiduciary duties…”
Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility