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House adopts late compromise on property‑tax relief; constitutional amendment fails
Summary
The House approved a conference committee report on a property‑tax relief bill that keeps a CPI cap and restores several exclusions; a related constitutional amendment on valuation caps failed a separate roll call.
The House adopted the conference committee report on House Bill 20‑43 after extended debate over petition thresholds, TIF treatment and exclusions for new construction and bonds.
Representative Adam Smith described the measure as “a pretty good compromise” retaining a CPI cap (up to 3 percent) while preserving exclusions for new construction, jurisdictional territory additions and certain…
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