HCR 26-1003
signedNonmortgage Property Tax Exemption
Plain-English Summary
AI-generatedHCR 26-1003 is a bill that would allow counties in Colorado to offer property tax exemptions for single-family homeowners who own their homes outright and live in them. If passed by voters in the 2026 general election, this could reduce taxes for some homeowners without mortgages. The bill has been signed but needs voter approval before it can take effect, meaning that no changes will happen until after next year’s election.
Official Summary
If approved by the voters of the state at the 2026 general election, the concurrent resolution authorizes a county to allow an exemption from property tax imposed by the county to the owner-occupier of single-family residential real property owned outright by the owner-occupier without a mortgage.(Note: This summary applies to this concurrent resolution as introduced.)
Details
- Chamber
- House
- First action
- 2026-04-28
- Latest action
- 2026-04-13
- Last action desc.
- Introduced In House - Assigned to Transportation, Housing & Local Government
- OpenStates
- View source ↗