Homestead property tax exemption encounters legislative problems Frl., April 27, Â»73 UKEELEY (Coto.) TRIBUNE 5 By GORDON C. GAUSS Associated Press Writer DENVER (AP) - The Colorado Legislature lacks power to enact a homestead exemption frbm the properly tax, Atty. Gen. John Moore ruled Thursday, but he said the goal can be achieved through using different methods. J 1he attorney general's opinion was issued to three legislators--Rep. Austin Moore, R- Englewood, principal sponsor of the House-approved $312 million school aid bill; House Majority Leader Carl Guslafson, R-Den- v'er, and Rep. Bob Leon rCirscht, D-Pueblo. All three have been working on the homestead exemption problem. Specifically Moore and his deputy, John Bush, replied to five questions from the legislators who hold conflicting views on the homestead exemption. Moore said that his legal research shows the legislature cannot establish a property tax system which would eliminate any taxation oh the first'$5,000 actual value of a homeowner's property. Also, he said, this could not be done for school finance purposes only, nor could it be done for all local purposes if there was state reimbursement to the local governments to offset the revenue losses. Illinois, Moore said, enacted a constitutional amendment which enables this type of an exemption to be granted. No such amendment could be enacted in Colorado before the 1974 election because people must approve all constitutional changes. Moore said that the legislature could, in effect, exempt the first $5,000 of valuation of property from taxation if it is done through a credit on the state income tax. Senate committee to examine $312 million school aid bill wtlon m^^f m Â· ^^ Â· Â· Â«Â·Â» IS This tax rebate method has been suggested by Sen. Joe Shoemaker, R-Denver, chairman of the Joint Budget .Committee. It is included in a bill by Shoemaker awaiting legislative action. Gov. John Love, who has favored the special homestead exemption, has opposed the Shoemaker bill. The attorney general said the legislature has power to create a new classification of property for homeowners and also has power to apply one percentage in determining the valuation for assessment of this property for school purposes and a different percentage for other tax purposes. CU school of dentistry wins preliminary approval By GORDON G. GAUSS school at this time has been op- DENVER (AP) -- Colorado's posed by the commission on Senate give initial approval Higher Education because of Thurs. by voice vote to estab- costs involved. lishment of a dental school at Sen. Fred Anderson, R-Love- the University of Colorado's land, said in opposing the pro- Denver Medical Center. gram that the state could endu- The bill comes up for final cate dental students more Senate action Friday, and if ap- cheaply through arrangements proved will go to the House of with Creighton University in Representatives. Omaha, Baylor University in The measure, sponsored by Texas and other schools than it the three Senate members of could by building its own in- the Joint Budget Committee, stitution. calls for $4.3 million, including The Senate, during the abbre- $3.6 million for construction viated morning session which and $720,000 for first year oper- did not start until 11 a.m., gave ations of the school with 25 stu- final approval to three appro- dents, priations bills totaling $1.2 mil- Included in the construction lion and approved a supple- money is $1 million from den- mental appropriation to the De- tists. partment of Higher Education PX 20 1 f\ AV SEED CORN Corn that likes to be CROWDED. A Grain Hybrid QtanHc Wall Dianas Well Dries Fast. Place Your Order For Small Grain Seed Early. Supplies might be tight. We are now cleaning Wheat Barley Oats Also Custom Cleaning and Pinto Bean Seed (NCJ NORTHRUP KING SEEDS .. Johnstown Feed Seed Ph. 587-4681 Inauguration of the dental for computed costs. By GORDON G. GAUSS '.'', Associated Press Writer '.DENVER (AP) -- The $312 million bill for state aid to schools and properly tax relief was sent Thursday to Ihe Colorado Senate Finance Committee for study. '.The assignment wns made by Li. Gov. John Vanderhoof when the bill reached the Senate following House passage Wednesday. The Finance Committee is h'ead'ed by Sen. Leslie Fowler, R-Boulder. '.Vanderhoof's aclion passed tlie Senate Education Committee, which is under chairmanship of Sen. Hugh Fowler, K-Liltleton. , The lieutenant governor told a reporter that his choice of committees for the bill had nothing to do with Ihe dis- agreement between the House majority and Gov. John Love on one side and Sen. Joe Shoemaker, chairman of the Joint Budget Committee, on the other. Vanderhoof said he sent the bill to the Finance Committee because Sen. Leslie Fowler had done major work on school finance legislation as chairman of the Fiscal Policy Committee which meets during the interim between legislative sessions. Vanderhoof said the Fiscal Policy Committee had studied, in particular, the various proposals for a school law submitted by the Council on Educational Development. The council is made up of several nongovernment groups. Many of its recommendations are included in the House-approved bill. The lieutenant governor noted that whatever bill is approved by the Finance Committee still must go to the Senate Appropriations Committee for approval before being reported out for debate. Shoemaker is chairman of the Appropriations Committee. One of the bills proposed by Shoemaker which run counter to the House-approved measure was scheduled .for Senate debate Thursday but was not reached. The bill calls for a rebate from the state to property owners for part of the property taxes paid on owner-occupied residences. As introduced the measure calls for expenditure of $60 million but Shoemaker indicated to reporters this likely will be trimmed to $40 million. Powderhorn Primitive area to be established 'DENVER (AP) --The federal Bureau of Land Management proposed Thursday to remove 40,400 acres of federal lands in Gunnison and Hinsdale counties for establishment of the Powderhorn Primitive area. "in Washington, U.S. Interior Secretary Rogers C.B. Morton said the withdrawal "is requested for the protection of the unique and scientifically valuable ecological aspects of the Powderhorn country, and for the protection of its outstanding wildlife habitat, scenic and pristine features." The federal land would be removed from all forms of appropriation under the public land laws including mining and mineral leasing. The lands include peaks jutting to 12,000 feet and large areas of alpine-type tundra and plateau areas, the BLM office here announced. There is a 30-day waiting period for protests before tha land is removed. Morton said the primitive area was being set up because "the people of Colorado expressed a desire for it. This is truly a grass-roots proposition." we'll pay you for paying us We'll return 25$ of every $1.00 you pay in interest on any personal loan. We'll pay you for paying us! We'll return 250 of every $1.00 you pay in interest on any personal loan. Here's how it works. You can borrow money for anything -- a car, a boat, home improvements -- you name it. All you have to do is repay the loan on schedule -- we'll pay back to you 25% of all the interest you've paid. To make it even easier, you can apply 24 hours a day by calling 352-7030. We'll takeyourapplication and call you back. We'll pay you for paying us. The State Bank of Greeley 8th Avenue and 9th Street 352-7030 Sim BANK (J Member F.D.I.C.
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