Election law changes? Our legislation tracker’s got you. Check it out!

Colorado Property Tax Increase Limit Initiative (2024)

From Ballotpedia
Jump to: navigation, search
Colorado Property Tax Increase Limit Initiative
Flag of Colorado.png
Election date
November 5, 2024
Topic
Taxes and Property
Status
Not on the ballot
Type
Amendment
& Statute
Origin
Citizens

The Colorado Property Tax Increase Limit Initiative was not on the ballot in Colorado as a combined initiated constitutional amendment and state statute on November 5, 2024.

This initiative would have created a 3% annual limit on property tax increases unless the property is substantially improved by adding more than 10% square footage and would have authorized the state to retain and spend up to $100 million in revenue above the TABOR limit to fund state reimbursements to local governments for fire protection services.[1]

Text of measure

The full text and ballot language for the different versions of the initiative may be found here.

Path to the ballot

See also: Laws governing the initiative process in Colorado

The state process

In Colorado, the number of signatures required to qualify an initiated constitutional amendment for the ballot is equal to 5 percent of the total number of votes cast for the office of Colorado secretary of state in the preceding general election. For initiated constitutional amendments, signature gathering must be distributed to include signatures equal to 2 percent of the registered voters who live in each of the state's 35 senate districts.

State law provides that petitioners have six months to collect signatures after the ballot language and title are finalized. State statutes require a completed signature petition to be filed three months and three weeks before the election at which the measure would appear on the ballot. The Constitution, however, states that the petition must be filed three months before the election at which the measure would appear. The secretary of state generally lists a date that is three months before the election as the filing deadline.

Constitutional amendments in Colorado require a 55% supermajority vote to be ratified and added to the state constitution. This requirement was added by Amendment 71 of 2016.

The requirements to get an initiated constitutional amendment certified for the 2024 ballot:

The secretary of state is responsible for signature verification. Verification is conducted through a review of petitions regarding correct form and then a 5 percent random sampling verification. If the sampling projects between 90 percent and 110 percent of required valid signatures, a full check of all signatures is required. If the sampling projects more than 110 percent of the required signatures, the initiative is certified. If less than 90 percent, the initiative fails.

Details about this initiative

  • The initiative was filed by Suzanne Taheri and Steven Ward. It was approved for signature gathering on August 4, 2023.[1]
  • The signature due date was set to be November 20, 2023.[1]
  • Signatures for the measure were not submitted.

See also

External links

Footnotes