Tax Increment Finance (TIF) Update

Brownstein Hyatt Farber Schreck
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The 2016 Colorado General Assembly convened on Jan. 13, 2016, and, as with years past, tax increment will be on the agenda. This client update highlights three issues affecting tax increment financing that are likely to occur over the next several months. First, a bill will be introduced containing technical fixes to HB 15-1348 from the 2015 legislative session. Second, a bill will be introduced applying the principal provisions of HB 1348 to downtown development authorities (DDAs). And finally, changes will be adopted to the Assessor’s Reference Library (ARL) Chapter 12, which governs how county assessors throughout the state calculate tax increment.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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