A Bill for an Act
Page 1, Line 101Concerning an option to register a trailer until it is
Page 1, Line 102transferred to another person.
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.)
The bill authorizes the owner of a trailer to register the trailer for as long as the person owns the trailer. The trailer must be class B or class C personal property. To register the trailer, the owner must pay:
- 10 years of specific ownership tax; and
- $24.50 to cover fees.
Upon the transfer of ownership of the trailer, the owner is required to notify the department of revenue of the transfer. The department will notify the owner of this requirement. If the owner fails to make the notification, the department may suspend the person's authority to register a trailer under the bill for 3 years. Procedures are set for implementing the suspension.
Page 2, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 2, Line 2SECTION 1. In Colorado Revised Statutes, 42-3-102, add (5) as follows:
Page 2, Line 342-3-102. Periodic registration - rules. (5) (a) In lieu of
Page 2, Line 4registering under subsections (1) to (3) of this section, an applicant may register a trailer under this subsection (5) if:
Page 2, Line 5(I) The trailer qualifies as class B or class C personal property; and
Page 2, Line 6(II) The owner complies with this section and sections 42-3-107 (29) and 42-3-315.
Page 2, Line 7(b) A trailer registration issued under this subsection (5)
Page 2, Line 8does not expire until the trailer changes ownership in
Page 2, Line 9accordance with this article 3. The registration expires upon the transfer of the trailer.
Page 2, Line 10(c) The department shall issue a license plate to a trailer
Page 2, Line 11registered under this subsection (5), but a validating sticker or tab is not issued nor required for the license plate.
Page 2, Line 12(d) (I) (A) Upon the transfer of ownership of a trailer
Page 2, Line 13registered under this section, the owner shall notify the department of the transfer.
Page 2, Line 14(B) If a person fails to make the notification required by
Page 2, Line 15this subsection (5)(d), the department may suspend the person's
Page 2, Line 16authority to register a trailer under this subsection (5) for
Page 3, Line 1three years. Upon determining that a person failed to make the
Page 3, Line 2notification, the department shall notify the person within
Page 3, Line 3thirty days after the determination of the right to request a
Page 3, Line 4hearing to appeal the determination. The person may appeal the
Page 3, Line 5determination at a hearing if the request is made within thirty
Page 3, Line 6days after the department makes the notification. The hearing must be held in accordance with article 4 of title 24.
Page 3, Line 7(II) Upon registering a trailer under this section, the
Page 3, Line 8department shall notify the owner of the requirement of this
Page 3, Line 9subsection (5)(d) to notify the department of any transfer of the
Page 3, Line 10trailer registered under this subsection (5). The department
Page 3, Line 11shall also notify the public of the requirements of this subsection (5) on its web page.
Page 3, Line 12SECTION 2. In Colorado Revised Statutes, 42-3-107, add (29) as follows:
Page 3, Line 1342-3-107. Taxable value of classes of property - rate of tax -
Page 3, Line 14when and where payable - department duties - apportionment of tax
Page 3, Line 15collections - definitions - rules - repeal. (29) The owner must prepay
Page 3, Line 16ten years of annual specific ownership tax to register a trailer under section 42-3-102 (5).
Page 3, Line 17SECTION 3. In Colorado Revised Statutes, add 42-3-315 as follows:
Page 3, Line 1842-3-315. Fee for long-term or permanent registration -
Page 3, Line 19trailers. (1) In lieu of any other fee imposed for registration of
Page 3, Line 20a trailer, the fee for registration issued under section 42-3-102 (5) is twenty-four dollars and fifty cents.
Page 3, Line 21(2) (a) The department or authorized agent that
Page 4, Line 1registered the trailer may retain two dollars of the registration fee.
Page 4, Line 2(b) The department or authorized agent shall retain one
Page 4, Line 3dollar and fifty cents of the fee, which the department shall
Page 4, Line 4transfer to the county where the registration occurred, if
Page 4, Line 5applicable, and the county shall allocate the money to the
Page 4, Line 6county road and bridge fund for the county created pursuant to section 43-2-202 (1)(a).
Page 4, Line 7(c) The state treasurer shall credit the following amounts of the remainder of the fee to the following funds:
Page 4, Line 8(I) Fifty cents to the Colorado DRIVES vehicle services
Page 4, Line 9account created in section 42-1-211 (2) within the highway users tax fund;
Page 4, Line 10(II) Two dollars and fifty cents to the license plate cash fund created in section 42-3-301 (1)(b);
Page 4, Line 11(III) Five dollars to the statewide bridge and tunnel
Page 4, Line 12enterprise special revenue fund created in section 43-4-805 (3)(a); and
Page 4, Line 13(IV) The remainder of the fee to the highway users tax fund created in section 43-4-201.
Page 4, Line 14SECTION 4. In Colorado Revised Statutes, 42-1-211, amend (2) as follows:
Page 4, Line 1542-1-211. Driver's license, record, identification, and vehicle
Page 4, Line 16enterprise solution. (2) There is
herebyPage 4, Line 17vehicle services account in the highway users tax fund for the purpose of
Page 4, Line 18providing funds for the development and operation of Colorado DRIVES,
Page 4, Line 19including operations performed under articles 2, 3, 4, 6, 7, and 12 of this
Page 5, Line 1title 42, to cover the costs of administration and enforcement of the
Page 5, Line 2motorist insurance identification database program created in section
Page 5, Line 342-7-604, and to purchase and issue license plates, decals, and validating
Page 5, Line 4tabs in accordance with article 3 of this title 42. Money received from the
Page 5, Line 5fees imposed by sections 38-29-138 (1), (2), (4), and (5), 42-1-206 (2)(a),
Page 5, Line 642-1-210 (1)(a)(II), 42-1-231, 42-1-233 (3)(b), 42-2-107 (1)(a)(I),
Page 5, Line 742-2-114 (2)(b), (2)(c)(I), (2)(c)(II), (2)(e), and (4)(a), 42-2-114.5 (1),
Page 5, Line 842-2-117 (1), 42-2-118 (1)(b)(I)(C) and (1.5)(b), 42-2-133 (2), 42-2-306
Page 5, Line 9(2), 42-2-406 (1), (2), (3)(d), and (6), 42-2-508 (1), 42-3-107 (22),
Page 5, Line 1042-3-213 (1)(b)(IV), 42-3-304 (18)(d)(I)(B), 42-3-306 (14), 42-3-312,
Page 5, Line 1142-3-313 (2)(c)(I), 42-3-315, 42-6-110 (1.7)(c), 42-6-137 (1), (2), (4), (5),
Page 5, Line 12and (6), and 42-6-138 (1)(a), (2), and (4) and any money received through
Page 5, Line 13gifts, grants, and donations to the account from private or public sources
Page 5, Line 14for the purposes of this section, shall be credited by the state treasurer to
Page 5, Line 15the Colorado DRIVES vehicle services account. The state treasurer shall
Page 5, Line 16credit all interest and income derived from the deposit and investment of
Page 5, Line 17money in the Colorado DRIVES vehicle services account to the account.
Page 5, Line 18The general assembly shall appropriate annually the money in the account
Page 5, Line 19for the purposes of this subsection (2). If any unexpended and
Page 5, Line 20unencumbered money remains in the account at the end of a fiscal year,
Page 5, Line 21the balance remains in the account and is not transferred to the general fund or any other fund.
Page 5, Line 22SECTION 5. Act subject to petition - effective date. This act
Page 5, Line 23takes effect at 12:01 a.m. on the day following the expiration of the
Page 5, Line 24ninety-day period after final adjournment of the general assembly; except
Page 5, Line 25that, if a referendum petition is filed pursuant to section 1 (3) of article V
Page 5, Line 26of the state constitution against this act or an item, section, or part of this
Page 6, Line 1act within such period, then the act, item, section, or part will not take
Page 6, Line 2effect unless approved by the people at the general election to be held in
Page 6, Line 3November 2026 and, in such case, will take effect on the date of the official declaration of the vote thereon by the governor.