Skip to content

Proposition HH Small Business Central

Proposition HH Small Business Central

October 29, 2023

Proposition HH Small Business Central

Senate Bill 23-303 put Proposition HH on the November 7, 2023, election ballot. Among other things, the referendum asks, “Shall the state reduce property taxes for homes and businesses … by using a portion of the state surplus up to the proposition HH cap as defined in this measure?” Opponents of Proposition HH call it a backdoor way to eliminate the Taxpayer Bill of Rights (TABOR). The following information is aimed at providing small business owners with a source for making their decision. This story will be updated as newer information becomes available.
NFIB Statewide Issue Campaign NFIB Colorado in the News
  • November 9, The Gazette—Michael Fields, president of Advance Colorado cites NFIB’s involvement as crucial to the defeat of Proposition HH.
From the NFIB Colorado Web Page From the Research Institutes

Excerpt: If Prop HH passes, the increase in property taxes will be slightly less than under a current law adopted by the General Assembly in 2022, but households could lose $5,119 in TABOR refunds over the next decade.

Excerpt: Within a few years, taxpayers will no longer get checks like the $750 checks they got last year. The state will simply keep the money, effectively increasing state taxes by up to $12.5 billion over the first decade.

Related News Stories
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

A restaurant owner working on his computer while wearing a white smock
December 10, 2025
TAKE ACTION: It’s Time to Vote Your NFIB Member Ballot
Tell us what positions NFIB should take on key small business issues.
Read More
Member at work
December 9, 2025
NEW NFIB SURVEY: Small Business Optimism Edges Up in November
Survey finds that labor quality is Main Street’s top issue
Read More
December 3, 2025
Mack “Dutch” Guest IV Earns NFIB Georgia PAC Endorsement
The NFIB Georgia PAC has endorsed “Dutch” Guest in the 121st District…
Read More
Hand of a person casting a vote into the ballot box during elections
November 17, 2025
Which Proposals will Make it to the Ballot in 2026?
Learn more about Michigan’s ballot proposals
Read More

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