Transfer Of TitleTaxes
Transfer Of Title Practice Question
The Gallagher Amendment in Colorado:
A
Sets property tax ratesB
Was designed to maintain residential/non-residential tax ratio (now repealed)C
Eliminates property taxesD
Only affects commercial propertyExplanation
The Gallagher Amendment was designed to maintain a ratio between residential and non-residential property taxes but was repealed in 2020.
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