This bill protects and adds certainty to property taxes in Colorado. HB24B-1001 not only increases additional tax relief for residential and non-residential property owners, but it also safeguards and stacks current actual value reductions. This vital part will especially benefit Colorado's seniors and those on fixed incomes by including a 10% or $70,000 reduction of actual value, plus a 50% reduction on the first $200,000 of home value. This will ensure that seniors and veterans on fixed incomes can keep their homes without facing crippling tax increases. | 
