Colorado Governor Jared Polis has signed bills to reduce sales, income tax rates, and extend property tax rate reductions. The state will lower tax rates for future years. Additionally, the governor is focusing on public transit, with plans to raise state funding by about $282 million. The federal government has earmarked roughly $600 million for Pennsylvania public transit. Colorado is also cutting taxes to save residents money and has signed bills to lower housing costs, including creating solutions for property taxes and making senior homestead property tax exemption portable.
I am excited to sign historic bills into law as part of our ongoing work to expand access to affordable, reliable transit that saves people time and money and improves our air. https://t.co/aW6EVrmpJA
WATCH: Colorado Gov. Polis @GovofCO signs a transit bill on board a moving RTD train from Westminster to Denver. The new law will help expand affordable transit use, including creating a grant program to provide youth with free fare year-round. #copolitics @DenverChannel https://t.co/1zg7Q1BbNN
.@GovofCO signed 2⃣ bills to lower the cost of housing: ➡️SB233 creates a long-term, bipartisan solution to save money on property taxes ➡️ SB111 makes the senior homestead property tax exemption portable, so older Coloradans can find housing that meets their needs #coleg
Colorado is cutting taxes and saving people more of their hard-earned money. https://t.co/cinSzXgNp1 https://t.co/LKoBjsGtlf
Reminder: Feds earmark roughly $600M for Pennsylvania public transit #PABudget https://t.co/Kaqoecm2sI
Watch: Pa. Governor Josh Shapiro is hopping aboard SEPTA's Regional Rail in Philly's suburbs in an effort to discuss his plan to raise state funding on public transit by about $282 million. https://t.co/MDZuXyYdHI
Colorado will extend its current temporary property tax rate reductions into 2024 and will lower tax rates for future years under a bill signed by Democratic Gov. Jared Polis. https://t.co/qczMZP45M2
Gov. Polis signs bills to reduce sales, income tax rates in Colorado https://t.co/UR3CQHseYr https://t.co/6nzLHZkDdb