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SB 23-108 CO
Became Law

Allowing Temporary Reductions In Property Tax Due

CO · session 2023A · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 31, 2023

Latest action (Jun 5, 2023) Introduced In Senate - Assigned to State, Veterans, & Military Affairs

Summary

The act allows a local government to provide temporary property tax relief through temporary property tax credits or mill levy reductions and later eliminate the credits or restore the mill levy. A temporary reduction in property taxes must be annually renewed by the local government. A school district may not temporarily reduce its mill levy below an existing statutory minimum mill levy amount. APPROVED by Governor June 5, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

  • Mark Baisley Republican · primary
  • Faith Winter · primary
  • Rose Pugliese · primary
  • Lisa Frizell Republican · primary

Action history (14)

  1. Jun 5, 2023 Governor Signed · executive
  2. May 15, 2023 Sent to the Governor · executive
  3. May 15, 2023 Signed by the Speaker of the House · lower
  4. May 10, 2023 Signed by the President of the Senate · upper
  5. May 7, 2023 House Third Reading Passed - No Amendments · lower
  6. May 6, 2023 House Second Reading Special Order - Passed - No Amendments · lower
  7. Apr 13, 2023 House Second Reading Laid Over Daily - No Amendments · lower
  8. Apr 10, 2023 House Committee on Finance Refer Unamended to House Committee of the Whole · lower
  9. Mar 14, 2023 Introduced In House - Assigned to Finance · lower
  10. Mar 1, 2023 Senate Third Reading Passed - No Amendments · upper
  11. Feb 28, 2023 Senate Second Reading Passed with Amendments - Committee · upper
  12. Feb 23, 2023 Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
  13. Feb 9, 2023 Senate Committee on State, Veterans, & Military Affairs Refer Amended to Finance · upper
  14. Jan 31, 2023 Introduced In Senate - Assigned to State, Veterans, & Military Affairs · upper

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