Levy’s wildfire property tax bill passes out of committee
State Rep. Claire Levy, D-Boulder, today saw her bill aimed at providing property tax relief for victims of wildfires pass unanimously out of the House Local Government Committee.
“This bill idea was brought to me by a few of my constituents whose homes were badly burned last fall during the Fourmile Canyon fire,” Levy said in a release. “The goal here is to protect landowners whose properties or structures have been burned from having their property taxes rise.”
The Fourmile Canyon Fire last summer just outside of Boulder consumed 166 homes, the most of any wildfire in Colorado history. Some residents and politicians were critical of the response to the fire.
Now Levy’s HB 1042 will keep victims of the Fourmile Canyon Fire and other natural disasters from seeing their property tax bills increase. If a property is damaged or destroyed, the land will continue to be designated “residential” for the rest of the tax year and then two more years instead of being deemed “commercial” and taxed at a higher rate.
HB 1042 now moves to the House Appropriations Committee.
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