A Bill for an Act
Page 1, Line 101Concerning the administration of the property tax deferral
Page 1, Line 102program, and, in connection therewith, authorizing
Page 1, Line 103appropriations from specified cash funds for the 2025-26
Page 1, Line 104state fiscal year only to fund such administration.
Bill Summary
(Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/.)
Joint Budget Committee. The state has a property tax deferral program (program) under which the state makes a secured loan to a qualified taxpayer to pay property taxes owed for the taxpayer's homestead. The program was available only to seniors and persons called into active military service until 2021, when the general assembly expanded the program to also allow an otherwise nonqualifying taxpayer whose property tax had increased by at least a specified percentage (new qualified taxpayer) to participate. In 2022, the general assembly shifted much of the responsibility for the administration of the program from the county treasurers to the state treasurer.
The bill reverses the 2022 shift of administrative responsibilities for the program so that county treasurers will generally have the same responsibilities for administering the program as they did prior to 2022. The bill also specifies that a new qualified taxpayer may only claim deferral of property taxes levied for a property tax year commencing on or after January 1, 2025, if the board of county commissioners of the county in which the taxpayer's homestead is located has, after receiving input from the county treasurer of that county, adopted a resolution requiring the county treasurer to accept applications for such deferral claims.
Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 2, Line 2SECTION 1. In Colorado Revised Statutes, 9-1.5-104.7, amend
Page 2, Line 3(3) introductory portion; and add (4) as follows:
Page 2, Line 49-1.5-104.7. Damage prevention fund - repeal. (3) Except As
Page 2, Line 5Otherwise Provided In Subsection (4) Of This Section, only the safety
Page 2, Line 6commission may authorize expenditures from the fund. Subject to annual
Page 2, Line 7appropriation by the general assembly, the safety commission may use
Page 2, Line 8money deposited in the fund only to:
Page 2, Line 9(4) (a) For The 2025 26 State Fiscal Year Only, The General
Page 2, Line 10Assembly May Appropriate Money From The Fund To The
Page 2, Line 11Department Of Treasury For Use By The Administration Division
Page 2, Line 12For Administration Of The State Property Tax Deferral Program
Page 2, Line 13Pursuant To Article 3.5 Of Title 39.
Page 2, Line 14(b) This Subsection (4) Is Repealed, Effective July 1, 2026.
Page 2, Line 15SECTION 2. In Colorado Revised Statutes, 18-22-103, amend
Page 2, Line 16(3); and add (5) as follows:
Page 3, Line 118-22-103. Source of revenues - allocation of money - repeal.
Page 3, Line 2(3) There is
herebyPage 3, Line 3system surcharge fund which
shall consistmoneysPage 3, Line 4received by the state treasurer pursuant to
paragraph (b) of subsection (2)Page 3, Line 5Subsection (2)(B) Of This Section. In Accordance With Section 24 36 114,
Page 3, Line 6
C.R.S.,Page 3, Line 7shall be credited to the general fund. Any
moneysPage 3, Line 8appropriated by the general assembly
shall remainPage 3, Line 9youthful offender system surcharge fund and shall not be transferred or
Page 3, Line 10revert to the general fund of the state at the end of any fiscal year. Except
Page 3, Line 11As Otherwise Provided In Subsection (5) Of This Section, all
moneysPage 3, Line 12Money in the fund
shall bePage 3, Line 13general assembly to the department of corrections to cover the direct and
Page 3, Line 14indirect costs associated with the rehabilitation, education, and treatment
Page 3, Line 15of youthful offenders sentenced to a youthful offender system.
Page 3, Line 16(5) (a) For The 2025 26 State Fiscal Year Only, The General
Page 3, Line 17Assembly May Appropriate Money From The Youthful Offender
Page 3, Line 18System Surcharge Fund To The Department Of Treasury For Use By
Page 3, Line 19The Administration Division For Administration Of The State
Page 3, Line 20Property Tax Deferral Program Pursuant To Article 3.5 Of Title
Page 3, Line 2139.
Page 3, Line 22(b) This Subsection (5) Is Repealed, Effective July 1, 2026.
Page 3, Line 23SECTION 3. In Colorado Revised Statutes, 24-50-122, amend
Page 3, Line 24(2); and add (3) as follows:
Page 3, Line 2524-50-122. Opportunities for training - professional
Page 3, Line 26development center cash fund - creation - rules - repeal. (2) The
Page 3, Line 27executive director of the department of personnel shall establish any fees
Page 4, Line 1necessary to pay for the direct and indirect costs of the training programs
Page 4, Line 2specified in subsection (1) of this section. All
moneysPage 4, Line 3shall be transmitted to the state treasurer, who shall credit the same to the
Page 4, Line 4professional development center cash fund, which fund is
herebyPage 4, Line 5Except As Otherwise Provided In Subsection (3) Of This Section, the
Page 4, Line 6
moneysshall bePage 4, Line 7the general assembly for the direct and indirect costs of establishing and
Page 4, Line 8maintaining the training programs specified in subsection (1) of this
Page 4, Line 9section. All interest derived from the deposit and investment of
moneysPage 4, Line 10Money in the fund shall be credited to the fund. Any unexpended and
Page 4, Line 11unencumbered
moneysPage 4, Line 12year
shall remainPage 4, Line 13transferred to the general fund or any other fund.
Page 4, Line 14(3) (a) For The 2025 26 State Fiscal Year Only, The General
Page 4, Line 15Assembly May Appropriate Money From The Professional
Page 4, Line 16Development Center Cash Fund To The Department Of Treasury
Page 4, Line 17For Use By The Administration Division For Administration Of The
Page 4, Line 18State Property Tax Deferral Program Pursuant To Article 3.5 Of
Page 4, Line 19Title 39.
Page 4, Line 20(b) This Subsection (3) Is Repealed, Effective July 1, 2026.
Page 4, Line 21SECTION 4. In Colorado Revised Statutes, 25-4-1708, amend
Page 4, Line 22(1)(a) introductory portion; and add (5) as follows:
Page 4, Line 2325-4-1708. Fund created - repeal. (1) (a)
There is herebyPage 4, Line 24
established in the state treasury a fund to be known asPage 4, Line 25fund Is Created In The State Treasury, which fund is, Except As
Page 4, Line 26Otherwise Provided In Subsection (5) Of This Section, subject to
Page 4, Line 27annual appropriation by the general assembly to the department of public
Page 5, Line 1health and environment for the purposes of:
Page 5, Line 2(5) (a) For The 2025 26 State Fiscal Year Only, The General
Page 5, Line 3Assembly May Appropriate Money From The Immunization Fund To
Page 5, Line 4The Department Of Treasury For Use By The Administration
Page 5, Line 5Division For Administration Of The State Property Tax Deferral
Page 5, Line 6Program Pursuant To Article 3.5 Of Title 39.
Page 5, Line 7(b) This Subsection (5) Is Repealed, Effective July 1, 2026.
Page 5, Line 8SECTION 5. In Colorado Revised Statutes, 25.5-10-305.5, add
Page 5, Line 9(4) as follows:
Page 5, Line 1025.5-10-305.5. Family support services fund - creation - repeal.
Page 5, Line 11(4) (a) For The 2025 26 State Fiscal Year Only, The General
Page 5, Line 12Assembly May Appropriate Money From The Fund To The
Page 5, Line 13Department Of Treasury For Use By The Administration Division
Page 5, Line 14For Administration Of The State Property Tax Deferral Program
Page 5, Line 15Pursuant To Article 3.5 Of Title 39.
Page 5, Line 16(b) This Subsection (4) Is Repealed, Effective July 1, 2026.
Page 5, Line 17SECTION 6. In Colorado Revised Statutes, amend 28-3-107 as
Page 5, Line 18follows:
Page 5, Line 1928-3-107. Department of military and veterans affairs fund -
Page 5, Line 20creation - repeal. (1) Any gifts, grants, and donations accepted by the
Page 5, Line 21adjutant general pursuant to section 28-3-106 (1)(x) shall be transmitted
Page 5, Line 22to the state treasurer, who shall credit the same to the department of
Page 5, Line 23military and veterans affairs fund, which fund is
herebyPage 5, Line 24referred to in this section as the "fund". The
moneysPage 5, Line 25shall be invested by the state treasurer as provided in sections 24-36-109,
Page 5, Line 2624-36-112, and 24-36-113.
C.R.S.Page 5, Line 27
moneysPage 6, Line 1remain in the fund and shall not revert or be credited or transferred to the
Page 6, Line 2general fund or be transferred to any other fund. Any interest or income
Page 6, Line 3derived from the deposit and investment of
moneysPage 6, Line 4
shall remainPage 6, Line 5fund. Except As Otherwise Provided In Subsection (2) Of This
Page 6, Line 6Section,
moneysshall bePage 6, Line 7to the department for use by the adjutant general to carry out the functions
Page 6, Line 8and duties set forth in this
titlePage 6, Line 9(2) (a) For The 2025 26 State Fiscal Year Only, The General
Page 6, Line 10Assembly May Appropriate Money From The Fund To The
Page 6, Line 11Department Of Treasury For Use By The Administration Division
Page 6, Line 12For Administration Of The State Property Tax Deferral Program
Page 6, Line 13Pursuant To Article 3.5 Of Title 39.
Page 6, Line 14(b) This Subsection (2) Is Repealed, Effective July 1, 2026.
Page 6, Line 15SECTION 7. In Colorado Revised Statutes, 37-60-122.8, amend
Page 6, Line 16(1); and add (4) as follows:
Page 6, Line 1737-60-122.8. Publications fund - repeal. (1) There is
herebyPage 6, Line 18created in the state treasury the publications fund. The fund
shall consistPage 6, Line 19
of moneysPage 6, Line 20board for copies of public records or publications provided by the board.
Page 6, Line 21The
moneysPage 6, Line 22the cost of providing copies of public records or publications to persons
Page 6, Line 23outside the board. Except As Otherwise Provided In Subsection (4) Of
Page 6, Line 24This Section, the
moneysare herebyPage 6, Line 25appropriated to the board for the purposes established in this section.
Page 6, Line 26(4) (a) For The 2025 26 State Fiscal Year Only, The General
Page 6, Line 27Assembly May Appropriate Money From The Publications Fund To
Page 7, Line 1The Department Of Treasury For Use By The Administration
Page 7, Line 2Division For Administration Of The State Property Tax Deferral
Page 7, Line 3Program Pursuant To Article 3.5 Of Title 39.
Page 7, Line 4(b) This Subsection (4) Is Repealed, Effective July 1, 2026.
Page 7, Line 5SECTION 8. In Colorado Revised Statutes, amend 38-25.5-105
Page 7, Line 6as follows:
Page 7, Line 738-25.5-105. Department of revenue fees - repeal. (1) Except
Page 7, Line 8as provided in section 38-25.5-103.5, fees collected by the department of
Page 7, Line 9revenue pursuant to this
articlePage 7, Line 10state treasury in the tax lien certification fund which Fund is
herebyPage 7, Line 11Created In The State Treasury. Except As Otherwise Provided In
Page 7, Line 12Subsection (2) Of This Section,
moneysPage 7, Line 13interest earned on such
moneysPage 7, Line 14of revenue for the purposes of this
articlePage 7, Line 15with the annual appropriation by the general assembly and shall not be
Page 7, Line 16deposited in or transferred to the general fund; except that
moneysPage 7, Line 17in excess of the maximum reserve, as defined in section 24-75-402
Page 7, Line 18(2)(e.5),
C.R.S.,Page 7, Line 19commencing on or after July 1, 2000, shall be transferred to the general
Page 7, Line 20fund.
Page 7, Line 21(2) (a) For The 2025 26 State Fiscal Year Only, The General
Page 7, Line 22Assembly May Appropriate Money From The Tax Lien Certification
Page 7, Line 23Fund To The Department Of Treasury For Use By The
Page 7, Line 24Administration Division For Administration Of The State Property
Page 7, Line 25Tax Deferral Program Pursuant To Article 3.5 Of Title 39.
Page 7, Line 26(b) This Subsection (2) Is Repealed, Effective July 1, 2026.
Page 7, Line 27SECTION 9. In Colorado Revised Statutes, 39-28-102.5, amend
Page 8, Line 1(1); and add (3) as follows:
Page 8, Line 239-28-102.5. Licensing of wholesale subcontractors - rules -
Page 8, Line 3fines - repeal. (1) It is unlawful for any wholesale subcontractor to sell
Page 8, Line 4or offer for sale cigarettes to a retailer in this state without first obtaining
Page 8, Line 5a license therefor, granted and issued by the department, which license
Page 8, Line 6shall be in effect until June 30 following the date of issue, unless sooner
Page 8, Line 7revoked. Such licenses shall be granted only to such wholesale
Page 8, Line 8subcontractors who own or operate the places from which such sales are
Page 8, Line 9to be made, and, in case sales are made from two or more separate places
Page 8, Line 10by any such wholesale subcontractor, a separate license for each place of
Page 8, Line 11business shall be required. No license shall be issued to a wholesale
Page 8, Line 12subcontractor unless the wholesale subcontractor has a current license
Page 8, Line 13issued pursuant to section 39-26-103. Such licenses shall be renewed only
Page 8, Line 14upon timely application and payment of the required fee prior to
Page 8, Line 15expiration. Such licenses may be transferred in the discretion of and
Page 8, Line 16pursuant to rules adopted by the department. The license fee shall be ten
Page 8, Line 17dollars per year, and such license fees shall be credited to the wholesale
Page 8, Line 18and distributing subcontractor license fund, which is
herebyPage 8, Line 19state treasury. Except As Otherwise Provided In Subsection (3) Of
Page 8, Line 20This Section, all
moneysshall bePage 8, Line 21appropriation by the general assembly to the department for costs incurred
Page 8, Line 22in administering this section and section 39-28.5-104.5. Such license fees
Page 8, Line 23shall be reduced at the rate of two dollars and fifty cents for each expired
Page 8, Line 24quarter of the license year. The department shall, on reasonable notice and
Page 8, Line 25after a hearing, suspend or revoke the license of any wholesale
Page 8, Line 26subcontractor violating any provision of this
articlePage 8, Line 27license shall be issued to such wholesale subcontractor within a period of
Page 9, Line 1two years thereafter. The department may share information on the names
Page 9, Line 2and addresses of persons who purchased cigarettes from a wholesale
Page 9, Line 3subcontractor for resale with the department of public health and
Page 9, Line 4environment and county and district public health agencies. The
Page 9, Line 5department shall refuse to issue a new or renewal wholesale subcontractor
Page 9, Line 6license and shall revoke a wholesale subcontractor's license, if the
Page 9, Line 7wholesaler owes the state any delinquent taxes administered by the
Page 9, Line 8department or interest thereon pursuant to this
titlePage 9, Line 9been determined by law to be due and unpaid, unless the wholesaler has
Page 9, Line 10entered into an agreement approved by the department to pay the amount
Page 9, Line 11due.
Page 9, Line 12(3) (a) For The 2025 26 State Fiscal Year Only, The General
Page 9, Line 13Assembly May Appropriate Money From The Wholesale And
Page 9, Line 14Distributing Subcontractor License Fund To The Department Of
Page 9, Line 15Treasury For Use By The Administration Division For
Page 9, Line 16Administration Of The State Property Tax Deferral Program
Page 9, Line 17Pursuant To Article 3.5 Of This Title 39.
Page 9, Line 18(b) This Subsection (3) Is Repealed, Effective July 1, 2026.
Page 9, Line 19SECTION 10. In Colorado Revised Statutes, amend 40-10.1-509
Page 9, Line 20as follows:
Page 9, Line 2140-10.1-509. Outreach - fund - repeal. (1) The moving outreach
Page 9, Line 22fund is
herebyPage 9, Line 23the penalties collected from movers and credited to the fund under section
Page 9, Line 2440-7-112. Except As Otherwise Provided In Subsection (2) Of This
Page 9, Line 25Section, the commission shall use the fund to educate consumers about
Page 9, Line 26their rights and the responsibilities of movers under this part 5. This
Page 9, Line 27outreach includes public service announcements about the licensing of
Page 10, Line 1movers. The
moneysPage 10, Line 2
moneysremaindoPage 10, Line 3revert to the general fund at the end of any fiscal year.
Page 10, Line 4(2) (a) For The 2025 26 State Fiscal Year Only, The General
Page 10, Line 5Assembly May Appropriate Money From The Moving Outreach Fund
Page 10, Line 6To The Department Of Treasury For Use By The Administration
Page 10, Line 7Division For Administration Of The State Property Tax Deferral
Page 10, Line 8Program Pursuant To Article 3.5 Of Title 39.
Page 10, Line 9(b) This Subsection (2) Is Repealed, Effective July 1, 2026.
Page 10, Line 10SECTION 11. In Colorado Revised Statutes, amend 42-1-226 as
Page 10, Line 11follows:
Page 10, Line 1242-1-226. Disabled parking education and enforcement fund
Page 10, Line 13- created - repeal.
There is hereby created in the state treasuryPage 10, Line 14disabled parking education and enforcement fund Is Created In The
Page 10, Line 15State Treasury, which Fund consists of money collected pursuant to
Page 10, Line 16this section and section 42-4-1208 (6) and (7). Except As Otherwise
Page 10, Line 17Provided In Subsection (2) Of This Section, the general assembly shall
Page 10, Line 18appropriate the money in the fund for the purposes specified in sections
Page 10, Line 1942-1-227, 42-3-204, and 42-4-1208. Unexpended and unencumbered
Page 10, Line 20money in the fund at the end of a fiscal year remains in the fund and shall
Page 10, Line 21not be credited or transferred to the general fund or another fund. The
Page 10, Line 22department may accept gifts, grants, or donations from private or public
Page 10, Line 23sources for the purposes of this section. All private and public money
Page 10, Line 24received through gifts, grants, or donations must be transmitted to the
Page 10, Line 25state treasurer, who shall credit the money to the fund.
Page 10, Line 26(2) (a) For The 2025 26 State Fiscal Year Only, The General
Page 10, Line 27Assembly May Appropriate Money From The Disabled Parking
Page 11, Line 1Education And Enforcement Fund To The Department Of Treasury
Page 11, Line 2For Use By The Administration Division For Administration Of The
Page 11, Line 3State Property Tax Deferral Program Pursuant To Article 3.5 Of
Page 11, Line 4Title 39.
Page 11, Line 5(b) This Subsection (2) Is Repealed, Effective July 1, 2026.
Page 11, Line 6SECTION 12. Appropriation. (1) For the 2025-26 state fiscal
Page 11, Line 7year, $721,716 is appropriated to the department of treasury for use by the
Page 11, Line 8administration division for administration of the state property tax
Page 11, Line 9deferral program pursuant to article 3.5 of title 39, C.R.S. This
Page 11, Line 10appropriation consists of:
Page 11, Line 11(a) $175,058 from the damage prevention fund created in section
Page 11, Line 129-1.5-104.7, C.R.S.;
Page 11, Line 13(b) $121,389 from the disabled parking education and
Page 11, Line 14enforcement fund created in section 42-1-226, C.R.S.;
Page 11, Line 15(c) $118,741 from the professional development center cash fund
Page 11, Line 16created in section 24-50-122, C.R.S.;
Page 11, Line 17(d) $85,901 from the tax lien certification fund created in section
Page 11, Line 1838-25.5-105, C.R.S.;
Page 11, Line 19(e) $83,839 from the dispute resolution fund created in section
Page 11, Line 2013-22-310, C.R.S.;
Page 11, Line 21(f) $83,354 from the family support services fund created in
Page 11, Line 22section 25.5-10-305.5, C.R.S.;
Page 11, Line 23(g) $21,278 from the immunization fund created in section
Page 11, Line 2425-4-1708, C.R.S.;
Page 11, Line 25(h) $9,648 from the publications fund created in section
Page 11, Line 2637-60-122.8, C.R.S.;
Page 11, Line 27(i) $6,784 from the youthful offender system surcharge fund
Page 12, Line 1created in section 18-22-103, C.R.S.;
Page 12, Line 2(j) $5,963 from the moving outreach fund created in section
Page 12, Line 340-10.1-509, C.R.S.;
Page 12, Line 4(k) $5,348 from the department of military and veterans affairs
Page 12, Line 5fund created in section 28-3-107, C.R.S.; and
Page 12, Line 6(l) $4,413 from the wholesale and distributing subcontractor
Page 12, Line 7license fund created in section 39-28-102.5, C.R.S.
Page 12, Line 8(2) To implement this act, the division may use this appropriation
Page 12, Line 9as follows:
Page 12, Line 10(a) $600,000 for a contract with a third party for program
Page 12, Line 11administration as authorized by section 39-3.5-103.5 (2), C.R.S.;
Page 12, Line 12(b) $99,360 for temporary employees to support a call center and
Page 12, Line 13field calls, which amount is based on an assumption that the division will
Page 12, Line 14require an additional 4.0 FTE in January and February 2026, an additional
Page 12, Line 153.0 FTE in March and April 2026, and an additional 1.0 FTE in May
Page 12, Line 162026; and
Page 12, Line 17(c) $22,356 for other operating and administrative expenses.
Page 12, Line 18SECTION 13. Safety clause. The general assembly finds,
Page 12, Line 19determines, and declares that this act is necessary for the immediate
Page 12, Line 20preservation of the public peace, health, or safety or for appropriations for
Page 12, Line 21the support and maintenance of the departments of the state and state
Page 12, Line 22institutions.