ABOUT PROPOSITION HH
Proposition HH is a back-door tax hike that takes away TABOR refunds, and it creates a “new normal” of higher property taxes forever.
When the legislature referred Proposition HH to the ballot, they wrote ballot language that fails to mention the tax increase and loss of TABOR refunds and instead paints it as a property tax reduction measure. If HH were a tax cut, it wouldn’t be on the ballot. It’s on the ballot because the state needs your permission to raise your taxes.
A ‘yes’ vote on HH means you consent to a state tax increase of up to $12.5 billion over the next decade. It also gives the legislature unilateral authority to continue keeping your TABOR refunds indefinitely without ever asking you again! Over two decades, it allows the state to keep and spend an additional $65 billion, and nearly $200 billion over three decades.
If you do not consent to a massive tax increase that will end your TABOR refunds while forfeiting your right to vote on it in the future, VOTE ‘NO.’
Prop HH would not reduce property taxes and it would not control the future growth in property taxes. Instead, it would lock in the record increase in property taxes and ensure property taxes always grow at same rate as property values in the future. Proposition HH is meant to replace the Gallagher Amendment, which the state repealed in 2020. The amendment controlled the growth in property taxes over time as home values rose. A ‘yes’ vote means you want to replace the Gallagher Amendment with a reform proposal that creates a “new normal” of higher property taxes forever.
If you want a better deal that will provide real property tax relief now and ensure we never see a 40% property tax increase again, VOTE ‘NO.’