(DENVER) – Leaders from Advance Colorado and Colorado Concern – groups that recently joined forces behind a plan to provide significant and lasting property tax relief for Colorado homeowners and businesses – will discuss their plan before the state Property Tax Commission on Friday afternoon at the State Capitol.  

Michael Fields, president of Advance Colorado, and former Senate Minority Leader Josh Penry, an advisor to Colorado Concern, will speak to the Commission at 1:10 pm in the Old Supreme Court Chambers.

The proposed ballot measure would return property taxes paid by homeowners and businesses to near-2022 levels, and cap revenue from future property tax increases at 4 percent.  Only a vote of the people would allow governments to collect more than 4 percent in new property tax revenue in a year, a mechanism that will protect taxpayers from huge property value spikes like those experienced in Colorado recently.
   
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