State Could Pay Property Taxes for Flood Victims
It’s offensive “that we expect people to pay taxes on property that doesn’t exist,” said Democratic Rep. Jonathan Singer, who is sponsoring a proposal that would have the state pay the bills instead.
People who lost their homes in last year’s floods and wildfires in Colorado are still expected to pay property taxes. Now, Colorado lawmakers are considering a proposal that would have the state paying the bills instead.
Details of the legislation are still being finalized, but as the bill is currently written, homeowners would first pay their tax bill to counties before getting a tax credit from the state.
Some lawmakers say they’d rather the affected homeowners didn’t have to pay their pay property taxes first before getting a credit.
Source: CBS Denver