For the years 2023 and 2024, reducing the real property taxation, reducing the assessment rates for certain classes of nonresidential property and residential property, and adjusting the amount of actual value to which the assessment rate will apply for all residential real estate and commercial property in 2023.; reducing the assessment rates for all multi-family residential real property to a … [Continue reading...]
SB22-146 – Middle Income Access Program Expansion
Making an appropriation for the Colorado Housing and Finance Authority's Middle Income Access Program. In the act, $25 million is appropriated for the expansion of the middle income access program created and administered by the Colorado Housing and Finance Authority (CHFA) from the affordable housing and home ownership cash fund, which comes from the general fund. To administer the funds … [Continue reading...]
SB22-072 – Grants To Incentivize Home Use For Renters
The creation of a grant program to award grants to homeowners who rent out residential space in their homes on a long-term basis to individuals seeking housing. The bill creates the grants to homeowners to make residential space available to renters grant program (grant program) as a pilot program within the division of housing (division) within the Department Of Local Affairs (DOLA). State … [Continue reading...]
SB22-051 Policies To Reduce Emissions From Built Environment
For income tax years beginning on or after January 1, 2023, but before January 1, 2025, any purchaser of an air-source heat pump system, ground-source heat pump system, water-source heat pump system, or variable refrigerant flow heat pump system (heat pump system) or a heat pump water heater that installs a residential or commercial heat pump system or a residential or commercial heat pump water … [Continue reading...]
HB22-1416 Property Tax Administrative Procedures
Concerning procedural requirements for the administration of property tax, and, in connection therewith, requiring the property tax administrator to maintain a list of persons interested in receiving notifications about possible amendments to property tax manuals, requiring public hearings with notice in connection with amendments to property tax manuals, requiring petitions for changes to … [Continue reading...]
HB22-1362 Building Greenhouse Gas Emissions
The Colorado Energy Office and the Department Of Local Affairs must appoint an energy code board that develops two model codes that are intended to reduce greenhouse gas emissions from buildings, requiring local governments and certain state agencies to adopt and enforce codes that are consistent with the model codes developed by the energy code board, creating the building electrification for … [Continue reading...]
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