{"id":25783,"date":"2024-09-08T08:00:00","date_gmt":"2024-09-08T14:00:00","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/gov-polis-signs-special-session-bill-to-expand-agricultural-tax-breaks-in-colorado\/"},"modified":"2024-09-08T14:00:00","modified_gmt":"2024-09-08T14:00:00","slug":"gov-polis-signs-special-session-bill-to-expand-agricultural-tax-breaks-in-colorado","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/gov-polis-signs-special-session-bill-to-expand-agricultural-tax-breaks-in-colorado\/","title":{"rendered":"Gov. Polis signs special session bill to expand agricultural tax breaks in Colorado"},"content":{"rendered":"

\"Colorado
Colorado Gov. Jared Polis signed a second bill passed during a special session, making certain property tax exemptions permanent. The bill applied to equipment used in a controlled agricultural environment. (Associated Press file)<\/span>du1-i-syn<\/span><\/figcaption><\/figure>\n

Colorado Gov. Jared Polis signed the second bill passed during a special session into law on Friday morning, making certain property tax exemptions for agricultural equipment permanent.<\/p>\n

It applies to equipment used in a controlled agricultural environment and extends it to equipment used in a commercial greenhouse that is solely used to grow crops for humans or livestock. The exemption, passed in 2022, is currently set to expire in 2027.<\/p>\n

\u201cColorado is proud to put food on tables across the state and around the world, and the success of our agricultural businesses and entrepreneurs is a key part of that,\u201d Polis said in a statement. \u201cToday we are breaking down barriers and cutting taxes for Colorado greenhouses, helping to keep more money in the pockets of the hardworking Coloradans who help strengthen our economy.\u201d<\/p>\n

House Bill 24B-1003 was sponsored by Democratic Rep. Junie Joseph of Boulder, Republican Rep. Matt Soper of Delta, Democratic Sen. Kevin Priola of Henderson and Republican Sen. Mark Baisley of Sedalia.<\/p>\n

\u201cThis ensures all equipment used to plant, grow and harvest crops \u2013 regardless of whether they are grown outside or under a roof \u2013 are treated the same for business personal property tax purposes,\u201d Priola said during the bill\u2019s Aug. 28 committee hearing.<\/p>\n

It is unclear how much the exemptions will affect local property tax revenue, according to the bill\u2019s fiscal note.<\/p>\n

The bill was one of two passed during the recent special session on property taxes.<\/p>\n

To read more stories from Colorado Newsline, visit www.coloradonewsline.com<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Colorado Gov. Jared Polis signed a second bill passed during a special session, making certain property tax exemptions permanent. The bill applied to equipment used in a controlled agricultural environment. (Associated Press file)du1-i-syn Colorado Gov. Jared Polis signed the second bill passed during a special session into law on Friday morning, making certain property tax […]<\/p>\n","protected":false},"author":1,"featured_media":25784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[281,120,28,1160],"naviga_topic":[],"class_list":["post-25783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-agriculture","tag-colorado","tag-headlines","tag-taxation"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/25783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=25783"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/25783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/25784"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=25783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=25783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=25783"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=25783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}