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Colorado legislators want tax credits, not new regulations to foster fire-resistant homes
Proposals include an income tax credit to cover half of the costs of mitigation done by homeowners.
Colorado lawmakers looking ahead to the next fire season after a historic year of blazes are shying away from statewide building requirements—and instead considering tax credits to encourage mitigation. Proposals include an income tax credit to cover half of the costs of mitigation done by homeowners. The credit would be capped at $2,500. Opposition from municipalities led to a reluctance to pursue statewide building policies in the next legislative session, lawmakers studying the issue said.
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