Rep. Marshall Joins Tax Panel at National Conference of State Lawmakers

LOUISVILLE, KY– Representative Bob Marshall spoke to a group of around 50 legislative and other tax experts from across the nation as a panel member at the Tax Task Force with the National Conference of State Legislators this weekend.  During the presentation and panel discussion he highlighted efforts to simplify and improve Colorado’s property tax system and reduce property taxes on homeowners. 

“With rising property values leading to higher tax bills, we’ve taken bipartisan action to reduce property taxes on small businesses and homeowners,” said Rep. Bob Marshall, D-Highlands Ranch. “I was proud to sponsor and vote for bipartisan bills that improve our property tax collection system and exemptions for veterans with a disability.  Our long-term property tax package brought together school districts, local governments, and fire districts to reduce property taxes in a responsible way that protects our schools and fosters a strong economy for everyone in our state.”

The NCSL session explored “the ‘three-legged stool’ concept of a balanced state revenue system, focusing on income, sales, and property taxes” and how to achieve “a balanced approach that provides tax relief, promotes economic development, and maintains fiscal stability.” 

As a recognized tax expert with a LL.M. in Tax Law and having served with the Internal Revenue Service’s Large Business & International Tax Litigation division, Rep. Marshall’s comments and thoughts were well received by both the audience of tax experts and his fellow panelists who were the Chairs of their respective Finance Committees in the State Legislatures of Illinois, Indiana, and Kansas.

A member of Colorado’s House Finance Committee, Rep. Marshall voted for the bipartisan property tax legislation, which provides a permanent property tax solution to reduce rates on homeowners and small businesses while protecting school funding. It also prevents future property tax spikes by capping property tax revenue. Rep. Marshall also sponsored legislation to cap property tax growth and improve the property tax exemption for disabled veterans.