Brandon Richard is a reporter for Denver7 in Denver, Colorado.
DENVER — On Nov. 7, Colorado voters will decide the fate of Proposition HH, a complicated and important state ballot measure that could impact every citizen, regardless of the outcome.
“Most Colorado families are seeing 40, 50% changes in their property values. This would knock that roughly in half,” said Hansen, a member of the Colorado Senate Appropriations Committee and one of the most visible supporters of Proposition HH. Nonpartisan analysts with the Legislative Council of the Colorado General Assembly said if Proposition HH passes, a homeowner with a home valued at $500,000 would see their property tax increase decline anywhere from $186 to $276 dollars for this tax year. That would be followed by another reduction in the increase in 2024.
“This is about taking money and growing government,” said Michael Fields, president of Advance Colorado.
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