Jared Polis: “We also created a permanent mechanism to replace Gallagher…”

“But there's a lot more to it than that. We also got historic $1.3 billion in property tax cuts. Just as importantly, though, because we did property tax cuts before, We also created a permanent mechanism to replace Gallagher to keep property taxes low over time. And that was the very elusive piece. And again, through band aids, we could do short term cuts. And this absolutely significantly reduces property taxes compared to current law for next year.” (06:50–06:56)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.