Committee discussion focuses on how HB1430 would interact with Initiative 175
Council fiscal and legal staff told senators HB1430 would route funds and pause some effects for three years; if Initiative 175 passes, fee reductions would begin Jan. 1, 2027, and the interplay between the ballot measure and the bill creates timing complexities for TABOR and homestead payments.
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Members pressed staff on how a constitutional amendment (Initiative 175) would interact with the bill’s temporary pause. Committee counsel Pierce Lively and economist Amanda Little explained the mechanics and timing, including how some reductions would begin Jan. 1, 2027, and how homestead payments are paid in arrears.
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