HB 23B-1008

House Bill 23B-1008 allocates $87,910 from the state's general fund to support the Colorado Department of Treasury in managing property tax deferrals for the 2023 property tax year. This funding helps eligible homeowners defer a portion of their property taxes until after they sell or transfer ownership of their home. The bill has been signed into law and is now effective, meaning the department can start using these funds immediately to support this program.

Official Summary

$87,910 is appropriated from the general fund to the department of the treasury for the 2023-24 state fiscal year to support the administration of property tax deferrals for the 2023 property tax year as part of the property tax deferral program. APPROVED by Governor November 20, 2023 EFFECTIVE November 20, 2023(Note: This summary applies to this bill as enacted.)

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