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SCR 24B-001

signed

Authorize Local Government Land Value Tax

Plain-English Summary

AI-generated

SCR 24B-001 is a bill that allows local governments in Colorado to implement a land value tax. This means cities or counties could choose to tax the value of land without including the value of buildings or improvements on that land. The bill has been signed into law, so now local governments can start considering and implementing this type of tax if they wish.

Details

Chamber
Senate
First action
2024-08-26
Latest action
2024-08-26
Last action desc.
Introduced In Senate - Assigned to Finance
OpenStates
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