Skip to content

Main Street Commends Property Tax Relief for Coloradans

Main Street Commends Property Tax Relief for Coloradans

September 5, 2024 Last Edit: June 5, 2025

"While this is an important first step to reining in Coloradans' property tax burden, it cannot be the last."

Main Street Commends Property Tax Relief for Coloradans

DENVER (Sept. 5, 2024) – After Governor Polis signed bipartisan property tax relief into law, NFIB State Director Tony Gagliardi issued the following statement commending lawmakers for their efforts to lower Coloradans’ property tax bill, without raiding the Taxpayer Bill of Rights (TABOR) refunds. “As the foundation of Colorado’s economy, small business owners are grateful to Governor Polis and the General Assembly for coming together to provide greater predictability in our property tax system, while protecting Coloradans’ TABOR refunds. By cutting the current tax assessment rate and capping its annual growth, this agreement provides needed relief to our job creators, homeowners, and working families. “While this is an important first step to reining in Coloradans’ property tax burden, it cannot be the last. Pushing this issue off for another six years or until another tax debacle arises would be wrongheaded. Instead, ahead of the next regular session, lawmakers should focus on further reducing Coloradans’ tax bill, so we can compete with our neighbors, improve our economic environment, and allow more family-owned businesses to thrive.” Background: During the 2023 regular session, NFIB Colorado successfully defeated ballot Proposition HH, which under the guise of property tax relief, put Coloradans’ TABOR refunds at risk of being eliminated. The compromise agreement reached during the special session between Gov. Polis, Sen. Barbara Kirkmeyer, Sen. Chris Hansen, Rep. Julie McCluski, and Rep. Rose Pugliese, and the business community cuts property taxes without touching Coloradans’ TABOR refunds. Small business owners will benefit these tax cuts in 2025. As reported by the Colorado Sun, “In the 2025 tax year, most nonresidential property taxes will begin falling from 29% today to the 25% commercial tax rates found in Senate Bill 233 by the 2027 tax year.”
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

July 30, 2025
South Carolina Sales Tax Holiday Could Be a Boon to Main Str…
Shoppers won’t pay sales tax on certain school-year essentials from Aug….
Read More
Clothes on a rack at a Retail store
July 30, 2025
Virginia Sales Tax Holiday Could Be a Boon to Main Street Bu…
The event begins Friday, Aug. 1, and ends Sunday, Aug. 3.
Read More
July 29, 2025
Colorado Named ‘Lawsuit Inferno’ in Annual Legislative Heat…
Colorado named a “Lawsuit Inferno” for the second consecutive year in t…
Read More
Side view of man wearing protective mask
July 29, 2025
LISTEN: Making the 20% Small Business Deduction Permanent Was …
NFIB’s Chad Heinrich appears on Winn Tucson to discuss small business vic…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility