Colorado voters appear to favor a far-reaching ballot initiative aimed at property taxes, education funding, and TABOR tax refunds but, a recent poll found, they could be swayed. Voters will decide on Proposition HH this November. If it passes, it would change how property tax is calculated — potentially saving property owners hundreds of dollars a year they’d owe otherwise, though overall property taxes would likely still increase — while also upping how much money the state can keep under the Taxpayer’s Bill of Rights, or TABOR, for the next decade. Its other provisions include an expansion of the homestead exemption, and set aside money for the state education fund and a rental assistance program.

 

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