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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

Colorado’s New Property Tax Reform Could Save You Hundreds

House in Colorado.

After years of mounting property tax bills, Coloradans will finally get some relief.

Colorado Gov. Jared Polis recently signed a property tax bill into law that's estimated to save homeowners and local businesses more than $1 billion each year. The bipartisan measure will stop major property tax increases by instituting a statewide cap on annual property tax revenues and lowering assessment rates.

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