The Colorado General Assembly’s special session on property taxes is making progress, with the state Senate approving two bills related to property tax deals. The deal bill, HB24B-1001, and the ag exemption bill, HB24B-1003, have both been passed, signaling the end of the special session is near. The session was called to address a property tax deal involving legislative leaders, the governor, and two groups, Advance Colorado and Colorado Concern, who agreed to withdraw two property tax ballot measures if the deal was approved. The Senate saw some debate, including a filibuster by Sen. Nick Hinrichsen, before ultimately passing the bills. The House blog from earlier in the week provides additional details. Some senators expressed concerns about the deal and the involvement of the two groups, while others emphasized the importance of keeping promises to constituents regarding property tax relief. County representatives and the education community supported the measures, but firefighters remained opposed. The session also witnessed a panel of higher education and K-12 leaders endorsing the deal bill. The Senate Appropriations Committee conducted hearings on the bills, highlighting the different perspectives and debates surrounding the property tax issue. The special session is expected to conclude soon, pending final votes on the bills and potential extensions.
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