Colorado 2020 Regular Session Status: Introduced

SB 20-148 — Property Tax Exemption Value Adjustments

Last action — Senate Committee on Finance Postpone Indefinitely

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2020 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Under current law, 50% of the first $200,000 of actual value of the owner-occupied primary residence of a qualifying senior or a qualifying disabled veteran is exempt from property taxation. The bill increases the $200,000 to $435,000 for the 2020 property tax year to account for the increase in the average actual value of residential real property, excluding new residential construction when initially constructed, in the state from January 1, 2002, when the exemption for qualifying seniors first took effect, through December 31, 2019. Thereafter, the bill annually increases or decreases the amount of actual value of which 50% is exempt by a percentage equal to the percentage change in the average actual value of residential real property, excluding new construction when initially constructed, in the state, as determined by the state property tax administrator.(Note: This summary applies to this bill as introduced.)

Bill Text

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Senate Committee on Finance Postpone Indefinitely

  2. Introduced In Senate - Assigned to Finance

Sponsors

  • Lori Saine · Primary
  • Vicki Marble · Primary

Sponsorship breakdown

Export CSV (upgrade) →

2 sponsors · 0 co-sponsors · 99 not signed on

Sponsors (2)

  • Lori Saine
  • Vicki Marble

Co-sponsors (0)

None.

Not signed on (99)

99 members have not signed on to this bill.

Show all 99 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

public-safety taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 20-148 do?
Under current law, 50% of the first $200,000 of actual value of the owner-occupied primary residence of a qualifying senior or a qualifying disabled veteran is exempt from property taxation. The bill increases the $200,000 to $435,000 for the 2020 property tax year to account for the increase in the average actual value of residential real property, excluding new residential construction when initially constructed, in the state from January 1, 2002, when the exemption for qualifying seniors first took effect, through December 31, 2019. Thereafter, the bill annually increases or decreases the amount of actual value of which 50% is exempt by a percentage equal to the percentage change in the average actual value of residential real property, excluding new construction when initially constructed, in the state, as determined by the state property tax administrator.(Note: This summary applies to this bill as introduced.)
Who sponsors SB 20-148?
SB 20-148 is sponsored by Lori Saine and Vicki Marble.
What is the current status of SB 20-148?
This bill died with 2020 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 20-148?
Track SB 20-148 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 20-148

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 20-148

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →