First Extraordinary Session
Seventy-fourth General Assembly
STATE OF COLORADO
INTRODUCED
LLS NO. 23B-0021.02 Alison Killen x4350
HOUSE BILL 23B-1003
House Committees Senate Committees
State, Civic, Military, & Veterans Affairs
A BILL FOR AN ACT
C
ONCERNING THE CREATION OF THE PROPERTY TAX TASK FORCE .101
Bill Summary
(Note: This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov
.)
The bill creates the property tax task force (task force). The task
force consists of 11 members, including members of the general assembly
and individuals who are not members of the general assembly. The bill
also creates 2 task force subpanels that consist of members from the task
force and other members. The purposes of the task force and the task
force subpanels are to study and develop a permanent and sustainable
property tax structure for the state of Colorado.
The task force is required to:
HOUSE SPONSORSHIP
Snyder,
SENATE SPONSORSHIP
Mullica,
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law. ! Convene by June 15, 2024;
! Meet at least 5 times in its first year and at least 8 times
every year thereafter that it meets; and
! Submit reports with its findings and recommendations to
the general assembly by October 15.
After the task force makes its first report to the general assembly,
the task force may determine that it has fulfilled its purposes and the task
force may be disbanded.
The task force is repealed on November 1, 2027.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. Legislative declaration. (1) The general assembly2
finds and declares that:3
(a) Historic growth in property values has resulted in burdensome4
property tax increases for homeowners, contributing to an increase in the5
cost of housing;6
(b) With the total assessed value of residential property expected7
to increase thirty-eight and five-tenths percent from seventy-one billion8
dollars to ninety-eight billion three hundred thousand dollars between9
2021 and 2025, it is important that leaders come together to work toward10
developing a property tax structure that balances the needs of11
homeowners and the communities across the state;12
(c) The state of Colorado has a long tradition of respecting local13
control; in furtherance of that tradition, the general assembly declares that14
buy-in and involvement from individuals with an intimate understanding15
of the needs of their communities will be crucial in realizing its goal to16
develop a permanent and sustainable property tax structure for the state17
of Colorado; and18
(d) There exists a disparity between the property taxes owed by19
the owners of residential properties and the owners of other properties,20
HB23B-1003-2- and this disparity must be cured if Colorado wishes to uphold its1
reputation as a business-friendly state.2
SECTION 2. In Colorado Revised Statutes, add part 22 to article3
2 of title 2 as follows:4
PART 225
PROPERTY TAX TASK FORCE6
2-2-2201. Property tax task force - creation - powers and7
duties - report - definitions - repeal. (1) N
OTWITHSTANDING SECTION8
2-3-303.3,
THERE IS CREATED THE PROPERTY TAX TASK FORCE , REFERRED9
TO IN THIS SECTION AS THE "TASK FORCE". THE TASK FORCE SHALL MEET10
AS NECESSARY DURING ANY LEGISLATIVE SESSION OR ANY INTERIM11
BETWEEN LEGISLATIVE SESSIONS TO DEVELOP A PERMANENT AND12
SUSTAINABLE PROPERTY TAX STRUCTURE FOR THE STATE OF COLORADO.13
(2) T
HE TASK FORCE CONSISTS OF THE FOLLOWING ELEVEN VOTING14
MEMBERS:15
(a) T
HREE MEMBERS FROM THE HOUSE OF REPRESENTATIVES , ONE16
REPRESENTATIVE APPOINTED BY THE SPEAKER OF THE HOUSE OF17
REPRESENTATIVES, ONE REPRESENTATIVE APPOINTED BY THE MINORITY18
LEADER OF THE HOUSE OF REPRESENTATIVES , AND ONE REPRESENTATIVE19
APPOINTED BY THE GOVERNOR ;20
(b) T
HREE MEMBERS FROM THE SENATE , ONE SENATOR APPOINTED21
BY THE PRESIDENT OF THE SENATE , ONE SENATOR APPOINTED BY THE22
MINORITY LEADER OF THE SENATE, AND ONE SENATOR APPOINTED BY THE23
GOVERNOR;24
(c) T
HE PROPERTY TAX ADMINISTRATOR IN THE DIVISION OF25
PROPERTY TAXATION OF THE DEPARTMENT OF LOCAL AFFAIRS , OR THE26
PROPERTY TAX ADMINISTRATOR 'S DESIGNEE;27
HB23B-1003
-3- (d) ONE INDIVIDUAL WHO HAS SERVED AS A COUNTY ASSESSOR ,1
APPOINTED BY THE COLORADO ASSESSORS' ASSOCIATION;2
(e) O
NE INDIVIDUAL APPOINTED BY A STATEWIDE ORGANIZATION3
REPRESENTING MUNICIPALITIES AND LOCAL GOVERNMENTS ;4
(f) O
NE INDIVIDUAL APPOINTED BY A STATEWIDE ORGANIZATION5
REPRESENTING THE MAJORITY OF THE COUNTIES IN COLORADO; AND6
(g) O
NE INDIVIDUAL APPOINTED BY THE COLORADO ASSOCIATION7
OF SCHOOL BOARDS.8
(3) (a) T
HERE IS CREATED THE LOCAL GOVERNMENT AND SPECIAL9
DISTRICT SUBPANEL OF THE TASK FORCE , WHICH IS MADE UP OF TWO10
MEMBERS OF THE TASK FORCE AND SEVEN ADDITIONAL MEMBERS AS11
FOLLOWS:12
(I) T
HE INDIVIDUAL APPOINTED TO THE TASK FORCE BY A13
STATEWIDE ORGANIZATION REPRESENTING MUNICIPALITIES AND LOCAL14
GOVERNMENTS, WHO SHALL SERVE AS CHAIR OF THE LOCAL GOVERNMENT15
AND SPECIAL DISTRICT TASK FORCE SUBPANEL ;16
(II) T
HE INDIVIDUAL APPOINTED TO THE TASK FORCE BY A17
STATEWIDE ORGANIZATION REPRESENTING THE MAJORITY OF THE18
COUNTIES IN COLORADO, WHO SHALL SERVE AS THE VICE-CHAIR OF THE19
LOCAL GOVERNMENT AND SPECIAL DISTRICT TASK FORCE SUBPANEL ;20
(III) O
NE INDIVIDUAL APPOINTED BY THE SPECIAL DISTRICT21
A
SSOCIATION OF COLORADO;22
(IV) O
NE INDIVIDUAL APPOINTED BY THE COLORADO23
A
SSOCIATION OF SCHOOL BOARDS IN ADDITION TO THE MEMBER OF THE24
TASK FORCE APPOINTED PURSUANT TO SUBSECTION (2)(g) OF THIS25
SECTION; AND26
(V) T
HE FOLLOWING COUNTY COMMISSIONERS , APPOINTED BY A27
HB23B-1003
-4- STATEWIDE ORGANIZATION REPRESENTING THE MAJORITY OF THE1
COUNTIES IN COLORADO, AND REPRESENTING THE FOLLOWING REGIONS AS2
DEFINED IN SECTION 26-5-103.5 (2)(d):3
(A) O
NE COUNTY COMMISSIONER FROM THE EASTERN REGION OF4
C
OLORADO;5
(B) O
NE COUNTY COMMISSIONER FROM THE FRONT RANGE REGION6
OF COLORADO;7
(C) O
NE COUNTY COMMISSIONER FROM THE MOUNTAIN REGION OF8
C
OLORADO;9
(D) O
NE COUNTY COMMISSIONER FROM THE SOUTHERN REGION OF10
C
OLORADO; AND11
(E) O
NE COUNTY COMMISSIONER FROM THE WESTERN REGION OF12
C
OLORADO.13
(b) T
HERE IS CREATED THE ECONOMIC IMPACT SUBPANEL OF THE14
TASK FORCE MADE UP OF ONE VOTING MEMBER OF THE TASK FORCE AND15
SIX NONVOTING MEMBERS AS FOLLOWS :16
(I) T
HE PROPERTY TAX ADMINISTRATOR IN THE DIVISION OF17
PROPERTY TAXATION OF THE DEPARTMENT OF LOCAL AFFAIRS , OR THE18
ADMINISTRATOR'S DESIGNEE, WHO SHALL SERVE AS THE CHAIR OF THE19
ECONOMIC IMPACT TASK FORCE SUBPANEL ;20
(II) O
NE INDIVIDUAL APPOINTED BY COLORADO CONCERN;21
(III) O
NE INDIVIDUAL APPOINTED BY THE COLORADO APARTMENT22
A
SSOCIATION;23
(IV) O
NE INDIVIDUAL APPOINTED BY THE COLORADO CHAMBER OF24
C
OMMERCE;25
(V) O
NE INDIVIDUAL APPOINTED BY THE BUILDING OWNERS AND26
M
ANAGERS ASSOCIATION INTERNATIONAL;27
HB23B-1003
-5- (VI) ONE INDIVIDUAL APPOINTED BY THE COMMERCIAL REAL1
E
STATE DEVELOPMENT ASSOCIATION; AND2
(VII) O
NE INDIVIDUAL APPOINTED BY THE COLORADO3
A
SSOCIATION OF REALTORS.4
(c) T
HE ECONOMIC IMPACT SUBPANEL OF THE TASK FORCE SHALL5
ELECT A VICE-CHAIR FROM AMONG ITS MEMBERS AT ITS FIRST MEETING6
HELD IN ACCORDANCE WITH SUBSECTION (5)(b) OF THIS SECTION.7
(d) T
HE TASK FORCE MAY CREATE ADDITIONAL SUBPANELS AS8
NEEDED TO MAKE RECOMMENDATIONS TO THE TASK FORCE REGARDING ITS9
PURPOSES, AS SET FORTH IN SUBSECTION (8) OF THIS SECTION.10
(e) A
S USED IN THIS SECTION, "TASK FORCE SUBPANEL" MEANS THE11
LOCAL GOVERNMENT AND SPECIAL DISTRICT SUBPANEL OF THE TASK12
FORCE CREATED IN SUBSECTION (3)(a) OF THIS SECTION, THE ECONOMIC13
IMPACT SUBPANEL OF THE TASK FORCE CREATED IN SUBSECTION (3)(b) OF14
THIS SECTION, AND ANY ADDITIONAL SUBPANELS CREATED PURSUANT TO15
SUBSECTION (3)(d) OF THIS SECTION.16
(4) (a) A
LL APPOINTMENTS DESCRIBED IN SUBSECTIONS (2) AND (3)17
OF THIS SECTION MUST BE MADE NO LATER THAN JUNE 1, 2024. MEMBERS18
OF THE TASK FORCE AND THE TASK FORCE SUBPANELS SERVE AT THE19
PLEASURE OF THE APPLICABLE APPOINTING AUTHORITY OR UNTIL THE20
MEMBER NO LONGER SERVES IN THE POSITION FOR WHICH THAT MEMBER21
WAS APPOINTED TO THE TASK FORCE OR THE TASK FORCE SUBPANEL , AT22
WHICH TIME A VACANCY IS DEEMED TO EXIST ON THE TASK FORCE OR THE23
TASK FORCE SUBPANEL . IF A VACANCY OCCURS , THE APPROPRIATE24
APPOINTING AUTHORITY SHALL APPOINT A REPLACEMENT MEMBER THAT25
MEETS THE REQUIREMENTS SET FORTH IN SUBSECTION (2) OR (3) OF THIS26
SECTION FOR THE VACANT POSITION.27
HB23B-1003
-6- (b) STARTING IN 2024, THE TASK FORCE SHALL ELECT A CHAIR AND1
A VICE-CHAIR AT THE FIRST MEETING HELD ON OR BEFORE JUNE 15, 2024.2
T
HE CHAIR AND VICE-CHAIR APPOINTMENTS MUST ALTERNATE BETWEEN3
A MEMBER FROM THE HOUSE OF REPRESENTATIVES AND A MEMBER FROM4
THE SENATE WITH THE FIRST CHAIR BEING FROM THE SENATE AND THE5
FIRST VICE-CHAIR BEING FROM THE HOUSE OF REPRESENTATIVES . THE6
PERSON SERVING AS CHAIR, OR A MEMBER OF THE SAME CHAMBER OF THE7
GENERAL ASSEMBLY IF SUCH PERSON IS NO LONGER A MEMBER THEREOF ,8
SHALL SERVE AS VICE-CHAIR DURING THE NEXT LEGISLATIVE SESSION; AND9
THE PERSON SERVING AS VICE -CHAIR, OR A MEMBER OF THE SAME10
CHAMBER OF THE GENERAL ASSEMBLY IF SUCH PERSON IS NO LONGER A11
MEMBER THEREOF, SHALL SERVE AS CHAIR DURING THE NEXT LEGISLATIVE12
SESSION.13
(5) (a) I
N 2024, THE TASK FORCE SHALL MEET FIVE TIMES , WITH14
THE FIRST MEETING OCCURRING NO LATER THAN JUNE 15, 2024, AND15
SUBSEQUENT MEETINGS OCCURRING MONTHLY THEREAFTER UNTIL16
O
CTOBER 15, 2024. STARTING IN 2025, THE TASK FORCE SHALL MEET AT17
LEAST EIGHT TIMES PER YEAR. TASK FORCE MEETINGS MUST BE OPEN TO18
THE PUBLIC AND THE TASK FORCE SHALL SOLICIT THE TESTIMONY FROM19
MEMBERS OF THE PUBLIC.20
(b) I
N 2024, THE TASK FORCE SUBPANELS SHALL MEET FIVE TIMES ,21
WITH THE FIRST MEETING OCCURRING NO LATER THAN JUNE 1, 2024, AND22
SUBSEQUENT MEETINGS OCCURRING THEREAFTER UNTIL OCTOBER 1, 2024.23
(6) (a) T
HE LEGISLATIVE MEMBERS OF THE TASK FORCE APPOINTED24
PURSUANT TO SUBSECTION (2) OF THIS SECTION ARE ENTITLED TO RECEIVE25
COMPENSATION AND REIMBURSEMENT OF EXPENSES AS PROVIDED IN26
SECTION 2-2-326.IF NONLEGISLATIVE MEMBERS OF THE TASK FORCE OR A27
HB23B-1003
-7- TASK FORCE SUBPANEL ARE NOT ELIGIBLE FOR REIMBURSEMENT FROM ANY1
OTHER SOURCE , THE GENERAL ASSEMBLY SHALL REIMBURSE2
NONLEGISLATIVE MEMBERS OF THE TASK FORCE OR A TASK FORCE3
SUBPANEL FOR REASONABLE EXPENSES RELATED TO THEIR SERVICE ON THE4
TASK FORCE OR A TASK FORCE SUBPANEL .5
(b) T
HE LEGISLATIVE COUNCIL STAFF AND THE OFFICE OF6
LEGISLATIVE LEGAL SERVICES SHALL BE AVAILABLE TO ASSIST THE TASK7
FORCE AND THE TASK FORCE SUBPANELS IN CARRYING OUT THEIR DUTIES .8
(7) (a) N
O LATER THAN NOVEMBER 1, 2024, AND NO LATER THAN9
EACH NOVEMBER 1 THEREAFTER THROUGH NOVEMBER 1, 2027, THE TASK10
FORCE SHALL MAKE A REPORT TO THE LEGISLATIVE COUNCIL CREATED IN11
SECTION 2-3-301 THAT MAY OR MAY NOT INCLUDE RECOMMENDATIONS12
FOR LEGISLATION.13
(b) N
O LATER THAN OCTOBER 15, 2024, AND NO LATER THAN EACH14
O
CTOBER 15 THEREAFTER THROUGH OCTOBER 15, 2027, THE CHAIR OF15
EACH TASK FORCE SUBPANEL CREATED PURSUANT TO SUBSECTION (3) OF16
THIS SECTION SHALL MAKE A REPORT TO THE TASK FORCE THAT MAY OR17
MAY NOT INCLUDE RECOMMENDATIONS FOR LEGISLATION .18
(8) T
HE PURPOSES OF THE TASK FORCE AND THE TASK FORCE19
SUBPANELS CREATED PURSUANT TO SUBSECTION (3) OF THIS SECTION ARE20
TO:21
(a) I
DENTIFY THE CAUSES OF INCREASINGLY BURDENSOME22
PROPERTY TAXES ACROSS COLORADO;23
(b) R
EVIEW BEST PRACTICES IN PUBLIC POLICY STRATEGIES THAT24
CREATE SHORT-TERM AND LONG -TERM PROPERTY TAX RELIEF FOR25
HOMEOWNERS AND BUSINESSES , WHILE PREVENTING LAPSES IN THE26
ADMINISTRATION OF PUBLIC SERVICES BY LOCAL GOVERNMENTS THAT27
HB23B-1003
-8- RELY ON PROPERTY TAX REVENUE TO PROVIDE SUCH PUBLIC SERVICES ;1
AND2
(c) M
AKE RECOMMENDATIONS TO ASSIST IN THE DEVELOPMENT OF3
SHORT-TERM AND LONG-TERM LEGISLATIVE CHANGES NEEDED TO CREATE4
SHORT-TERM AND LONG-TERM PROPERTY TAX RELIEF FOR HOMEOWNERS5
AND BUSINESSES.6
(9) A
T ANY POINT AFTER THE TASK FORCE MAKES ITS FIRST REPORT7
REQUIRED BY SUBSECTION (7)(a) OF THIS SECTION, THE TASK FORCE MAY8
HOLD A VOTE TO DETERMINE WHETHER THE TASK FORCE HAS FULFILLED9
ITS PURPOSES AS IDENTIFIED IN SUBSECTION (8) OF THIS SECTION. IF A10
MAJORITY OF THE TASK FORCE VOTES TO AFFIRM THAT THE TASK FORCE11
HAS FULFILLED ITS PURPOSES, THEN, NOTWITHSTANDING ANY OTHER12
PROVISION OF THIS SECTION TO THE CONTRARY, THE TASK FORCE AND ANY13
TASK FORCE SUBPANEL CREATED PURSUANT TO SUBSECTION (3) OF THIS14
SECTION IS DISBANDED AND IS NOT BE REQUIRED TO HOLD ADDITIONAL15
MEETINGS UNDER SUBSECTION (5) OF THIS SECTION OR MAKE ADDITIONAL16
REPORTS UNDER SUBSECTION (7) OF THIS SECTION.17
(10) T
HIS SECTION IS REPEALED, EFFECTIVE NOVEMBER 1, 2027.18
SECTION 3. Safety clause. The general assembly finds,19
determines, and declares that this act is necessary for the immediate20
preservation of the public peace, health, or safety or for appropriations for21
the support and maintenance of the departments of the state and state22
institutions.23
HB23B-1003
-9-