Transfer Of TitleTaxesHARD
The Gallagher Amendment in Colorado:
Correct Answer
B) Was designed to maintain residential/non-residential tax ratio (now repealed)
The Gallagher Amendment was designed to maintain a ratio between residential and non-residential property taxes but was repealed in 2020.
Answer Options
A
Sets property tax ratesB
Was designed to maintain residential/non-residential tax ratio (now repealed)C
Eliminates property taxesD
Only affects commercial propertyAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
colorado-property-tax-systemassessment-ratiostaxpayer-bill-of-rights-tabor
Key Terms:
Gallagher Amendmentresidential assessment rateproperty tax ratioAmendment B 2020 repealColorado property tax
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