SB 25-259 CO Became Law
Eliminate Destroyed Property Tax Reimbursement Program
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Summary
Effective January 1, 2025, the act terminates a program that has allowed the owner of real or business personal property that was destroyed by a natural cause to be reimbursed by the state for the amount of property tax levied on the destroyed property in the property tax year in which it was destroyed. The program statute is repealed, effective July 1, 2025. (Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Jeff Bridges Democratic · primary
- Barbara Kirkmeyer Republican · primary
- Shannon Bird · primary
- Rick Taggart Republican · primary
2 coauthors / cosponsors
- J. Amabile Democratic · cosponsor
- E. Sirota Democratic · cosponsor
Action history (12)
- Apr 25, 2025 Governor Signed · executive
- Apr 16, 2025 Sent to the Governor · executive
- Apr 16, 2025 Signed by the Speaker of the House · lower
- Apr 15, 2025 Signed by the President of the Senate · upper
- Apr 10, 2025 House Third Reading Passed - No Amendments · lower
- Apr 9, 2025 House Second Reading Special Order - Passed - No Amendments · lower
- Apr 8, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Apr 3, 2025 Introduced In House - Assigned to Appropriations · lower
- Apr 3, 2025 Senate Third Reading Passed - No Amendments · upper
- Apr 2, 2025 Senate Second Reading Special Order - Passed - No Amendments · upper
- Apr 1, 2025 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Mar 31, 2025 Introduced In Senate - Assigned to Appropriations · upper
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