Colorado / State / 2024 Second Extraordinary Session

HB24B-1006 Would have replaced the flat $200,000 exemption with a median home value formula

Catalog reconciledDid not pass

Died

Postponed indefinitely in August 2024. At least one search result reported its median-home-value formula as the current exemption amount. The figure is still 50 percent of the first $200,000, and proposals to lower the rating floor below 100 percent have not reached the ballot.

Progress

Path to law: Bill in a two-chamber legislature

  1. Introduced Done, House
  2. In committee Done, House Finance
  3. Died Stopped here, House Finance postponed it indefinitely
  4. Passed both chambers Not reached
  5. Signed by the governor Not reached
  6. In effect Not reached

Sponsors

  • Ken DeGraafSponsor, Republican, House

What it touches

  • Colo. Const. art. X, § 3.5

Catalog entry

Official record

Read HB24B-1006 on the jurisdiction's own record