New Colorado bill that would RAISE taxes on STR hosts -- consider testifying on 10/31

[Brittany Guimond]

A bill is being considered in the Colorado State Legislature that would raise property taxes on certain short-term rental hosts by as much as 400%, by classifying their homes as commercial instead of residential. These increases would, in many cases, be as much if not more than the total annual earnings of a typical host. It is crucial that lawmakers hear from you now, so that they can understand how economically harmful this would be to residents and communities across the state that rely on tourism.

If you can testify IN PERSON, that is most impactful. The legislature needs to hear from Colorado hosts and how opening up your homes has made a positive impact on your lives and the greater local economy. 

More information on how to testify here: https://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/signIn.xsp?fbclid=IwAR3svFpBf9cRH8hvnNh3lsvur-yPqSlvZp0AoxNowvywaOIk9O5HgwGXIVc

You can read the proposed bill here:

https://leg.colorado.gov/sites/default/files/images/committe...

And here's the meeting agenda: 

https://leg.colorado.gov/sites/default/files/images/committe...

[David M Trapani]

May wish to shift to MTR, LTR, sell or trade as needed.