Proposition HH is a measure referred by the Colorado General Assembly to voters to address rising property taxes as a result of the enormous appreciation in home values in Colorado in recent years. Proposition HH reduces the rate of property tax increase while ensuring that public school districts reliant on property tax funding don't lose out in the bargain. Proposition HH would reduce but not eliminate refunds paid under the 1992 Taxpayer's Bill of Rights to backfill education funding that would otherwise be lost.
Proposition HH is a measure referred by the Colorado General Assembly to voters to address rising property taxes as a result of the enormous appreciation in home values in Colorado in recent years. Proposition HH reduces the rate of property tax increase while ensuring that public school districts reliant on property tax funding don't lose out in the bargain. Proposition HH would reduce but not eliminate refunds paid under the 1992 Taxpayer's Bill of Rights to backfill education funding that would otherwise be lost.