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DENVER (KDVR) — Governor Jared Polis signed legislation into law to save Coloradans money on everyday items, cut property taxes, and help entrepreneurs and small businesses. 

The bill signing took place on Monday morning. You can watch the full news conference in the player above.

“We are delivering on our plan to help save people money with a major statewide property tax cut for every homeowner and commercial property,” said Gov. Polis. “As an entrepreneur I know every cent counts when you’re getting a small business off the ground so I am particularly thrilled that we are cutting red tape to help small business owners and making it nearly free to start a new business, and reducing the burden of federal taxes on our Colorado small businesses.”

The governor signed SB22-238 on 2023-2024 property tax, HB22-1416 on property tax administrative procedures, and HB22-1351 on temporarily reducing road user charges.