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flag A Colorado bill to tax vacant homes failed in committee due to lack of Democratic support, despite housing shortages and bipartisan opposition.

flag A Colorado bill allowing local governments to tax vacant homes died in its first committee hearing after failing to gain enough Democratic support, despite bipartisan opposition from real estate and homeowner groups. flag House Bill 1036, aimed at addressing housing shortages in mountain communities by funding affordable housing and encouraging rentals, was defeated 7-4, with three Democrats joining Republicans in opposition. flag Supporters cited up to 70% vacancy rates in some areas and stressed local control and revenue needs, while opponents called the tax unfair and a threat to property rights. flag The bill’s sponsors plan to reintroduce it in a future session.

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