A Bill for an Act
Page 1, Line 101Concerning procedural requirements for the administration
Page 1, Line 102of property tax, and, in connection therewith,
Page 1, Line 103modifying deadlines and certain requirements for
Page 1, Line 104transmitting information related to taxable property.
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 makes multiple changes to procedural requirements for the administration of property tax in 2 broad categories: Deadlines and requirements for transmitting information.
Modifications to deadlines. The bill modifies property tax-related deadlines as follows:
- Aligns the regular and late application dates for the qualified-senior primary residence real property classification and the property tax exemption for qualifying veterans with disabilities and their spouses with those for the property tax exemption for qualifying seniors and their spouses. The regular application deadline is July 15 and late applications may be accepted until August 15 (sections 1, 5, and 6 of the bill).
- Increases from $10,000 to $20,000 the current threshold for a board of county commissioners (board) to recommend, or a county assessor with the approval of a board to settle, an abatement or refund of taxes. The threshold for the board being required to submit recommended abatement applications to the property tax administrator (administrator) for review is similarly increased from $10,000 to $20,000. The board is not required to submit an application to the administrator in the case of an abatement or refund caused by a valuation change made to ensure matching values within the same reassessment cycle (section 3).
- Changes the real property protest deadline from June 8 to June 1 (sections 7 and 8);
- Changes the deadline for a county assessor to send a notice of valuation of personal property from June 15 to July 15 and changes the personal property protest deadline from June 30 to July 31 for a county that uses alternate protest and appeal procedures (alternate procedures) to determine objections and protests for taxable property (sections 7 and 8);
- Clarifies that a county's use of alternate procedures may apply to real or personal property, or both (section 9); and
- Aligns the protest deadline for personal property with the date that county assessors must conclude their hearings on such protests so that both the protest and hearing conclusion dates for personal property are June 30, or, for a county that uses alternate procedures, July 31 (section 8).
- Clarifies that a county assessor or the board may transmit a required abstract of assessment, certification of taxes levied, or application for a recommended abatement or refund in excess of $20,000 to the administrator in a paper or electronic format (sections 2, 3, 4, 10 and 11);
- Reduces the number of copies of an application for a recommended abatement or refund in excess of $20,000 that the board must send to the administrator for review to one (section 3);
- Reduces the number of copies of a notice of determination that an assessor must send to a taxpayer who has objected to the valuation of the taxpayer's property to one (section 8); and
- Reduces the number of copies of an abstract of assessment that need to be prepared to one (sections 4, 10, and 11).
Modifications to requirements for transmitting information. The bill modifies requirements for transmitting property tax information as follows:
Page 3, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 3, Line 2SECTION 1. In Colorado Revised Statutes, 39-1-104.6, amend
Page 3, Line 3(7)(b)(II) as follows:
Page 3, Line 439-1-104.6. Qualified-senior primary residence real property
Page 3, Line 5- valuation for assessment - reimbursement to local governments for
Page 3, Line 6reduced valuation - temporary mechanism for refunding excess state
Page 3, Line 7revenues - legislative declaration - definitions.
Page 3, Line 8(7) Notice of classification - appeal.
Page 3, Line 9(b) (II) An individual who has not timely filed an application with
Page 3, Line 10the assessor by
March 15Page 3, Line 11the
July 15Page 3, Line 12assessor
shallPage 3, Line 13late application filed after
July 15Page 3, Line 14to disallow the filing of a late application
after July 15 or to grant or denyPage 3, Line 15
the classification to an applicant who has filed a late application afterPage 3, Line 16
March 15 but no later than July 15Page 3, Line 17late filing or classification of property as qualified-senior primary
Page 3, Line 18residence real property may not contest the denial.
Page 3, Line 19SECTION 2. In Colorado Revised Statutes, 39-1-111, amend (2)
Page 4, Line 1as follows:
Page 4, Line 239-1-111. Taxes levied by board of county commissioners.
Page 4, Line 3(2) As soon as such levies have been made, the board of county
Page 4, Line 4commissioners, or other body authorized by law to levy taxes, or either
Page 4, Line 5group's authorized party shall forthwith certify all such levies to the
Page 4, Line 6assessor, upon forms prescribed by the administrator, and shall transmit
Page 4, Line 7a copy of such certification to the administrator, to the division of local
Page 4, Line 8government, and to the department of education, in an electronic or
Page 4, Line 9paper format.
Page 4, Line 10SECTION 3. In Colorado Revised Statutes, 39-1-113, amend
Page 4, Line 11(1.5), (2), and (3) as follows:
Page 4, Line 1239-1-113. Abatement and refund of taxes.
Page 4, Line 13(1.5) Upon authorization by the board of county commissioners,
Page 4, Line 14the assessor may review petitions for abatement or refund and settle by
Page 4, Line 15written mutual agreement any such petition for abatement or refund in an
Page 4, Line 16amount of
tenPage 4, Line 17land or per schedule of personal property. Any abatement or refund
Page 4, Line 18agreed upon and settled pursuant to this subsection (1.5) shall not be
Page 4, Line 19subject to the requirements of subsection (1) of this section.
Page 4, Line 20(2) (a) Whenever any abatement or refund in an amount of
tenPage 4, Line 21twenty thousand dollars or less is recommended by the board of county
Page 4, Line 22commissioners, the board shall order the abatement of taxes pro rata for
Page 4, Line 23all levies applicable to such property, or, in the case of a refund, the board
Page 4, Line 24shall order the refund of taxes pro rata by all jurisdictions receiving
Page 4, Line 25payment thereof.
Page 4, Line 26(b) Whenever any abatement or refund in an amount of
tenPage 4, Line 27twenty thousand dollars or less has been agreed upon and settled by the
Page 5, Line 1assessor pursuant to subsection (1.5) of this section, the assessor shall
Page 5, Line 2order the abatement of taxes pro rata for all levies applicable to such
Page 5, Line 3property, or, in the case of a refund, the assessor shall order the refund of
Page 5, Line 4taxes pro rata by all jurisdictions receiving payment thereof.
Page 5, Line 5(3) Whenever any abatement or refund in an amount in excess of
Page 5, Line 6
tenPage 5, Line 7commissioners, the board shall submit
two copiesPage 5, Line 8application
thereforPage 5, Line 9paper format, reciting the amount of such abatement or refund and the
Page 5, Line 10grounds upon which it should be allowed,
shall be submittedPage 5, Line 11administrator for review pursuant to section 39-2-116; except that, the
Page 5, Line 12board of county commissioners is not required to submit an
Page 5, Line 13application to the administrator in the case of an abatement or
Page 5, Line 14refund caused by a valuation change to ensure matching values
Page 5, Line 15within the same reassessment cycle. If an application is approved,
Page 5, Line 16the board of county commissioners shall order the abatement of taxes pro
Page 5, Line 17rata for all levies applicable to such property, or, in the case of a refund,
Page 5, Line 18the board of county commissioners shall order the refund of taxes pro rata
Page 5, Line 19by all jurisdictions receiving payment thereof.
Page 5, Line 20SECTION 4. In Colorado Revised Statutes, 39-2-115, amend
Page 5, Line 21(1)(a) as follows:
Page 5, Line 2239-2-115. Review of abstracts of assessment -
Page 5, Line 23recommendations - repeal.
Page 5, Line 24(1) (a) No later than August 25 of each year, each county assessor
Page 5, Line 25shall file with the property tax administrator
two copiesPage 5, Line 26abstract of assessment of the county in an electronic or paper format.
Page 5, Line 27SECTION 5. In Colorado Revised Statutes, 39-3-205, amend
Page 6, Line 1(1)(b) as follows:
Page 6, Line 239-3-205. Exemption applications - penalty for providing false
Page 6, Line 3information - confidentiality.
Page 6, Line 4(1) (b) To claim the exemption allowed by section 39-3-203 (1.5),
Page 6, Line 5an individual shall file with the assessor a completed exemption
Page 6, Line 6application and proof of qualifying veteran with a disability status no later
Page 6, Line 7than
July 1Page 6, Line 8is claimed. An application returned by mail shall be deemed filed on the
Page 6, Line 9date it is postmarked. An individual who filed an exemption application
Page 6, Line 10with the division rather than with the assessor as was required before this
Page 6, Line 11subsection (1)(b) was amended by Senate Bill 23-036, enacted in 2023,
Page 6, Line 12and who qualified for and received an exemption for a property tax year
Page 6, Line 13commencing before January 1, 2024, retains the exemption and is not
Page 6, Line 14required to submit a new application or proof of qualifying veteran with
Page 6, Line 15a disability status to the assessor.
Page 6, Line 16SECTION 6. In Colorado Revised Statutes, 39-3-206, amend
Page 6, Line 17(2)(a.7) as follows:
Page 6, Line 1839-3-206. Notice to individuals returning incomplete or
Page 6, Line 19nonqualifying exemption applications - denial of exemption -
Page 6, Line 20administrative remedies.
Page 6, Line 21(2) (a.7) An individual who wishes to claim the exemption for
Page 6, Line 22qualifying veterans with a disability allowed by section 39-3-203 (1.5),
Page 6, Line 23but who has not timely filed an exemption application, may request that
Page 6, Line 24the assessor waive the application deadline and allow the individual to
Page 6, Line 25file a late exemption application no later than the
August 1Page 6, Line 26that immediately follows the original application deadline. The assessor
Page 6, Line 27may accept an application if, in the assessor's sole discretion, the
Page 7, Line 1applicant shows good cause for not timely filing an application. If the
Page 7, Line 2assessor accepts a late application, the assessor shall determine whether
Page 7, Line 3the application should be granted or denied pursuant to subsection (1.5)
Page 7, Line 4of this section and shall mail notice of its determination to the applicant
Page 7, Line 5no later than the August 25 that immediately follows the late application
Page 7, Line 6deadline. A decision of the assessor to allow or disallow the filing of a
Page 7, Line 7late application or of an assessor to grant or deny an exemption to an
Page 7, Line 8applicant who has filed a late application is final, and an applicant who
Page 7, Line 9is denied late filing or an exemption may not contest the denial.
Page 7, Line 10SECTION 7. In Colorado Revised Statutes, 39-5-121, amend
Page 7, Line 11(1)(a)(I), (1.5)(a)(I), and (4)(a); and add (1.5)(a)(III) as follows:
Page 7, Line 1239-5-121. Notice of valuation - legislative declaration -
Page 7, Line 13definition - repeal.
Page 7, Line 14(1) (a) (I) No later than May 1 in each year, the assessor shall mail
Page 7, Line 15to each person who owns land or improvements a notice setting forth the
Page 7, Line 16valuation of such land or improvements. For agricultural property, the
Page 7, Line 17notice must separately state the actual value of such land or improvements
Page 7, Line 18in the previous year, the actual value in the current year, and the amount
Page 7, Line 19of any adjustment in actual value. For all other property, the notice must
Page 7, Line 20state the total actual value of such land and improvements together in the
Page 7, Line 21previous year, the total actual value in the current year, and the amount
Page 7, Line 22of any adjustment in total actual value. The notice must not state the
Page 7, Line 23valuation for assessment of such land or improvements or combination of
Page 7, Line 24land and improvements. Based upon the classification of such taxable
Page 7, Line 25property, the notice must also set forth the appropriate ratio of valuation
Page 7, Line 26for assessment to be applied to said actual value prior to the calculation
Page 7, Line 27of property taxes for the current year and that any change or adjustment
Page 8, Line 1of the ratio of valuation for assessment
mustPage 8, Line 2for the protest or abatement of taxes. The notice must state, in bold-faced
Page 8, Line 3type, that the taxpayer has the right to protest any adjustment in valuation,
Page 8, Line 4the classification of the property that determines the assessment
Page 8, Line 5percentage to be applied, and the dates and places at which the assessor
Page 8, Line 6will hear such protest. The notice must also set forth the following: That,
Page 8, Line 7to preserve the taxpayer's right to protest, the taxpayer shall notify the
Page 8, Line 8assessor either in writing or in person of the taxpayer's objection and
Page 8, Line 9protest; that such notice must be delivered, postmarked, or given in
Page 8, Line 10person no later than
June 8Page 8, Line 11taxpayer's right to object and protest the adjustment in valuation is lost.
Page 8, Line 12The notice must be mailed together with a form that, if completed by the
Page 8, Line 13taxpayer, allows the taxpayer to explain the basis for the taxpayer's
Page 8, Line 14valuation of the property. Such form may be completed by the taxpayer
Page 8, Line 15to initiate an appeal of the assessor's valuation. However, in accordance
Page 8, Line 16with section 39-5-122 (2), completion of this form does not constitute the
Page 8, Line 17exclusive means of appealing the assessor's valuation. For the years that
Page 8, Line 18intervene between changes in the level of value, if the difference between
Page 8, Line 19the actual value of such land or improvements in the previous year and
Page 8, Line 20the actual value of such land or improvements in the intervening year as
Page 8, Line 21set forth in such notice constitutes an increase in actual value of more
Page 8, Line 22than seventy-five percent, the assessor shall mail together with the notice
Page 8, Line 23an explanation of the reasons for such increase in actual value.
Page 8, Line 24(1.5) (a) (I) Except as provided in subsection (1.5)(a)(III) of
Page 8, Line 25this section for a county that uses an alternate protest and
Page 8, Line 26appeal procedure pursuant to section 39-5-122.7, no later than June
Page 8, Line 2715 each year, the assessor shall mail to each person who owns taxable
Page 9, Line 1personal property a notice setting forth the valuation of the personal
Page 9, Line 2property. The notice must state the actual value of such personal property
Page 9, Line 3in the previous year, the actual value in the current year, and the amount
Page 9, Line 4of any adjustment in actual value. The notice must not state the valuation
Page 9, Line 5for assessment of the personal property. The notice must also set forth the
Page 9, Line 6ratio of valuation for assessment to be applied to said actual value prior
Page 9, Line 7to the calculation of property taxes for the current year. With the approval
Page 9, Line 8of the board of county commissioners, the assessor may include in the
Page 9, Line 9notice an estimate of the taxes owed for the current property tax year. If
Page 9, Line 10such an estimate is included, the notice must clearly state that the tax
Page 9, Line 11amount is merely an estimate based upon the best available information.
Page 9, Line 12The notice must state, in bold-faced type, that the taxpayer has the right
Page 9, Line 13to protest any adjustment in valuation but not the estimate of taxes if such
Page 9, Line 14an estimate is included in the notice, and the dates and places at which the
Page 9, Line 15assessor will hear protests. The notice must also set forth the following:
Page 9, Line 16To preserve the taxpayer's right to protest, the taxpayer shall notify the
Page 9, Line 17assessor either by mail or in person of the taxpayer's objection and
Page 9, Line 18protest; that the notice must be postmarked or physically delivered no
Page 9, Line 19later than June 30; and that, after such date, the taxpayer's right to object
Page 9, Line 20and protest the adjustment in valuation is lost. The notice must be mailed
Page 9, Line 21together with a form that, if completed by the taxpayer, allows the
Page 9, Line 22taxpayer to explain the basis for the taxpayer's valuation of the property.
Page 9, Line 23The form may be completed by the taxpayer to initiate an appeal of the
Page 9, Line 24assessor's valuation. However, in accordance with section 39-5-122 (2),
Page 9, Line 25completion of this form does not constitute the exclusive means of
Page 9, Line 26appealing the assessor's valuation.
Page 9, Line 27(III) For a county that uses an alternate protest and
Page 10, Line 1appeal procedure pursuant to section 39-5-122.7, no later than
Page 10, Line 2July 15 each year, the assessor shall mail to each person who
Page 10, Line 3owns taxable personal property a notice setting forth the
Page 10, Line 4valuation of the personal property. The notice must state the
Page 10, Line 5actual value of such personal property in the previous year, the
Page 10, Line 6actual value in the current year, and the amount of any
Page 10, Line 7adjustment in actual value. The notice must not state the
Page 10, Line 8valuation for assessment of the personal property. The notice
Page 10, Line 9must also set forth the ratio of valuation for assessment to be
Page 10, Line 10applied to said actual value prior to the calculation of
Page 10, Line 11property taxes for the current year. With the approval of the
Page 10, Line 12board of county commissioners, the assessor may include in the
Page 10, Line 13notice an estimate of the taxes owed for the current property
Page 10, Line 14tax year. If such an estimate is included, the notice must clearly
Page 10, Line 15state that the tax amount is merely an estimate based upon the
Page 10, Line 16best available information. The notice must state, in bold-face
Page 10, Line 17type, that the taxpayer has the right to protest any adjustment
Page 10, Line 18in valuation but not the estimate of taxes if such an estimate is
Page 10, Line 19included in the notice, and the dates and places at which the
Page 10, Line 20assessor will hear protests. The notice must also set forth the
Page 10, Line 21following: To preserve the taxpayer's right to protest, the
Page 10, Line 22taxpayer shall notify the assessor either by mail or in person of
Page 10, Line 23the taxpayer's objection and protest; that the notice must be
Page 10, Line 24postmarked or physically delivered no later than July 31; and
Page 10, Line 25that, after said date, the taxpayer's right to object and protest
Page 10, Line 26the adjustment in valuation is lost. The notice must be mailed
Page 10, Line 27together with a form that, if completed by the taxpayer, allows
Page 11, Line 1the taxpayer to explain the basis for the taxpayer's valuation
Page 11, Line 2of the property. The form may be completed by the taxpayer to
Page 11, Line 3initiate an appeal of the assessor's valuation. However, in
Page 11, Line 4accordance with section 39-5-122 (2), completion of this form
Page 11, Line 5does not constitute the exclusive means of appealing the
Page 11, Line 6assessor's valuation.
Page 11, Line 7(4) (a) Any notice of valuation required by subsections (1) and
Page 11, Line 8(1.5) of this section sent to the owner of any real property must include
Page 11, Line 9the following statement: "If a property owner does not timely object to
Page 11, Line 10their property's valuation by
June 8Page 11, Line 11
C.R.S.,Page 11, Line 12
C.R.S.,Page 11, Line 13SECTION 8. In Colorado Revised Statutes, 39-5-122, amend
Page 11, Line 14(1)(a), (2), and (4) as follows:
Page 11, Line 1539-5-122. Taxpayer's remedies to correct errors.
Page 11, Line 16(1) (a) On or before May 1 of each year, the assessor shall give
Page 11, Line 17public notice in at least one issue of a newspaper published in the
Page 11, Line 18assessor's county that, beginning on the first working day after notices of
Page 11, Line 19adjusted valuation are mailed to taxpayers, the assessor will sit to hear all
Page 11, Line 20objections and protests concerning valuations of taxable real property
Page 11, Line 21determined by the assessor for the current year; that, for a taxpayer's
Page 11, Line 22objection and protest to be heard, notice must be given to the assessor;
Page 11, Line 23and that such notice must be postmarked, delivered, or given in person by
Page 11, Line 24
June 8Page 11, Line 25concerning valuations of taxable personal property determined by the
Page 11, Line 26assessor for the current year will be heard commencing June 15; that, for
Page 11, Line 27a taxpayer's objection and protest to be heard, notice must be given to the
Page 12, Line 1assessor; and that such notice must be postmarked or physically delivered
Page 12, Line 2by June 30 or, for a county that uses an alternate protest and
Page 12, Line 3appeal procedure pursuant to section 39-5-122.7, by July 31. If
Page 12, Line 4there is no such newspaper, then such notice must be conspicuously
Page 12, Line 5posted in the offices of the assessor, the treasurer, and the county clerk
Page 12, Line 6and recorder and in at least two other public places in the county seat. The
Page 12, Line 7assessor shall send news releases containing such notice to radio stations,
Page 12, Line 8television stations, and newspapers of general circulation in the county.
Page 12, Line 9(2) If any person is of the opinion that the person's property has
Page 12, Line 10been valued too high, has been twice valued, or is exempt by law from
Page 12, Line 11taxation or that property has been erroneously assessed to such person, the
Page 12, Line 12person may appear before the assessor and object, complete the form
Page 12, Line 13mailed with the person's notice of valuation pursuant to section 39-5-121
Page 12, Line 14(1) or (1.5), or file a written letter of objection and protest by mail with
Page 12, Line 15the assessor's office before the last day specified in the notice, stating in
Page 12, Line 16general terms the reason for the objection and protest. Reasons for the
Page 12, Line 17objection and protest may include, but shall not be limited to, the
Page 12, Line 18installation and operation of surface equipment relating to oil and gas
Page 12, Line 19wells on agricultural land. Any change or adjustment of any ratio of
Page 12, Line 20valuation for assessment shall not constitute grounds for an objection. If
Page 12, Line 21the form initiating an appeal or the written letter of objection and protest
Page 12, Line 22is filed by mail, it shall be presumed that it was received as of the day it
Page 12, Line 23was postmarked. If the form initiating an appeal or the written letter of
Page 12, Line 24objection and protest is hand-delivered, the date it was received by the
Page 12, Line 25assessor shall be stamped on the form or letter. As stated in the public
Page 12, Line 26notice given by the assessor pursuant to subsection (1) of this section, the
Page 12, Line 27taxpayer's notification to the assessor of the taxpayer's objection and
Page 13, Line 1protest to the adjustment in valuation must be delivered, postmarked, or
Page 13, Line 2given in person by
June 8Page 13, Line 3of personal property, the notice must be postmarked or physically
Page 13, Line 4delivered by June 30; except that, for a county that uses an
Page 13, Line 5alternate protest and appeal procedure pursuant to section
Page 13, Line 639-5-122.7, the notice must be postmarked or physically
Page 13, Line 7delivered by July 31. All such forms and letters received from
Page 13, Line 8protesters shall be presumed to be on time unless the assessor can present
Page 13, Line 9evidence to show otherwise. The county shall not prescribe the written
Page 13, Line 10form of objection and protest to be used. The protester shall have the
Page 13, Line 11opportunity on the days specified in the public notice to present the
Page 13, Line 12protester's objection in writing or protest in person and be heard, whether
Page 13, Line 13or not there has been a change in valuation of such property from the
Page 13, Line 14previous year and whether or not any change is the result of a
Page 13, Line 15determination by the assessor for the current year or by the state board of
Page 13, Line 16equalization for the previous year. If the assessor finds any valuation to
Page 13, Line 17be erroneous or otherwise improper, the assessor shall correct the error.
Page 13, Line 18If the assessor declines to change any valuation that the assessor has
Page 13, Line 19determined, the assessor shall provide reasons in writing on the form
Page 13, Line 20described in section 39-8-106, shall insert the information otherwise
Page 13, Line 21required by the form, and shall mail
two copiesPage 13, Line 22completed form to the person presenting the objection and protest so
Page 13, Line 23denied on or before the last regular working day of the assessor in June
Page 13, Line 24in the case of real property and on or before July 10 in the case of
Page 13, Line 25personal property; except that, if a county uses an alternate protest and
Page 13, Line 26appeal procedure pursuant to section 39-5-122.7, the assessor shall mail
Page 13, Line 27the copies on or before August 15 in the case of both real and personal
Page 14, Line 1property.
Page 14, Line 2(4) The assessor shall continue the assessor's hearings from day
Page 14, Line 3to day until all objections and protests have been heard, but all such
Page 14, Line 4hearings must be concluded by
June 8Page 14, Line 5and
July 5Page 14, Line 6county that uses an alternate protest and appeal procedure
Page 14, Line 7pursuant to section 39-5-122.7, the hearings must be concluded
Page 14, Line 8by July 31 in the case of personal property.
Page 14, Line 9SECTION 9. In Colorado Revised Statutes, 39-5-122.7, amend
Page 14, Line 10(1) and (4) as follows:
Page 14, Line 1139-5-122.7. Alternate protest and appeal procedure for
Page 14, Line 12specified counties.
Page 14, Line 13(1) The governing body of any county may, at the request of the
Page 14, Line 14assessor, elect to use an alternate protest and appeal procedure to
Page 14, Line 15determine objections and protests concerning valuations of taxable real
Page 14, Line 16or personal property. The election
shallPage 14, Line 17assessor has requested the use of the alternative protest and appeal
Page 14, Line 18procedure. The election
shallPage 14, Line 19year and
shall bePage 14, Line 20valuations of taxable real or personal property for the year. The
Page 14, Line 21governing body of the county shall provide notice of the election to the
Page 14, Line 22board of assessment appeals and to the district court in such county.
Page 14, Line 23(4) Notwithstanding subsection (1) of this section, beginning
Page 14, Line 24January 1, 2024, counties with a population greater than three hundred
Page 14, Line 25thousand, as determined pursuant to the most recently published
Page 14, Line 26population estimates from the state demographer appointed by the
Page 14, Line 27executive director of the department of local affairs, shall in any year of
Page 15, Line 1general reassessment of real property that is valued biennially by an
Page 15, Line 2assessor pursuant to section 39-1-104 (10.2) use an alternative protest and
Page 15, Line 3appeal procedure to determine objections and protests concerning
Page 15, Line 4valuations of taxable real property. When following an alternative
Page 15, Line 5protest and appeal procedure pursuant to this subsection (4), the assessor
Page 15, Line 6shall issue any written determination regarding the objection and protest
Page 15, Line 7by the date specified in section 39-5-122 (2).
Page 15, Line 8SECTION 10. In Colorado Revised Statutes, 39-5-123, amend
Page 15, Line 9(1)(a) and (2) as follows:
Page 15, Line 1039-5-123. Abstract of assessment or amended abstract of
Page 15, Line 11assessment.
Page 15, Line 12(1) (a) Upon conclusion of hearings by the county board of
Page 15, Line 13equalization, as provided in article 8 of this title 39, the assessor shall
Page 15, Line 14complete the assessment roll of all taxable property within the assessor's
Page 15, Line 15county, and, no later than August 25 in each year or no later than
Page 15, Line 16November 21 in each year in any county that uses an alternate protest and
Page 15, Line 17appeal procedure pursuant to section 39-5-122.7, the assessor shall
Page 15, Line 18prepare therefrom
three copies ofPage 15, Line 19person, and not by deputy, shall subscribe the assessor's name, under oath,
Page 15, Line 20to the following statement, which shall be a part of such abstract:
Page 15, Line 21I, .............., the assessor of .............. county,
Page 15, Line 22Colorado, do solemnly swear that in the assessment roll of
Page 15, Line 23such county I have listed and valued all taxable property
Page 15, Line 24located therein and that such property has been assessed
Page 15, Line 25for the current year in the manner prescribed by law and
Page 15, Line 26that the foregoing abstract of assessment is a true and
Page 15, Line 27correct compilation of each schedule.
Page 16, Line 1...................
Page 16, Line 2(2) The assessor shall file,
two copiesPage 16, Line 3format, one copy of the abstract of assessment with the administrator,
Page 16, Line 4and, appended thereto, the assessor shall also file the aggregate valuation
Page 16, Line 5for assessment of all taxable property in the county, each municipality,
Page 16, Line 6and each school district within the county, by classes and subclasses, on
Page 16, Line 7a form prescribed by the administrator.
Page 16, Line 8SECTION 11. In Colorado Revised Statutes, 39-5-124, amend
Page 16, Line 9(1) as follows:
Page 16, Line 1039-5-124. Property tax administrator to examine abstract.
Page 16, Line 11(1) When the abstract of assessment has been subscribed and
Page 16, Line 12sworn to by the assessor and by the chairman of the board of county
Page 16, Line 13commissioners, the assessor shall transmit,
two copiesPage 16, Line 14paper format,one copy thereof to the administrator.
and shall retain thePage 16, Line 15
third copy for endorsement of the tax warrant thereonPage 16, Line 16SECTION 12. Act subject to petition - effective date. Section
Page 16, Line 1739-1-104.6, Colorado Revised Statutes, as amended in section 1 of this
Page 16, Line 18act, section 39-1-113, Colorado Revised Statutes, as amended in section
Page 16, Line 193 of this act, section 39-3-205, Colorado Revised Statutes, as amended in
Page 16, Line 20section 5 of this act, section 39-3-206, Colorado Revised Statutes, as
Page 16, Line 21amended in section 6 of this act, section 39-5-121, Colorado Revised
Page 16, Line 22Statutes, as amended in section 7 of this act, section 39-5-122, Colorado
Page 16, Line 23Revised Statutes, as amended in section 8 of this act, and section
Page 16, Line 2439-5-122.7, Colorado Revised Statutes, as amended in section 9 of this
Page 16, Line 25act take effect January 1, 2027, and the remainder of this act takes effect
Page 16, Line 26at 12:01 a.m. on the day following the expiration of the ninety-day period
Page 16, Line 27after final adjournment of the general assembly; except that, if a
Page 17, Line 1referendum petition is filed pursuant to section 1 (3) of article V of the
Page 17, Line 2state constitution against this act or an item, section, or part of this act
Page 17, Line 3within such period, then the act, item, section, or part will not take effect
Page 17, Line 4unless approved by the people at the general election to be held in
Page 17, Line 5November 2026 and, in such case, will take effect on the date of the
Page 17, Line 6official declaration of the vote thereon by the governor; except that
Page 17, Line 7section 39-1-104.6, Colorado Revised Statutes, as amended in section 1
Page 17, Line 8of this act, section 39-1-113, Colorado Revised Statutes, as amended in
Page 17, Line 9section 3 of this act, section 39-3-205, Colorado Revised Statutes, as
Page 17, Line 10amended in section 5 of this act, section 39-3-206, Colorado Revised
Page 17, Line 11Statutes, as amended in section 6 of this act, section 39-5-121, Colorado
Page 17, Line 12Revised Statutes, as amended in section 7 of this act, section 39-5-122,
Page 17, Line 13Colorado Revised Statutes, as amended in section 8 of this act, and
Page 17, Line 14section 39-5-122.7, Colorado Revised Statutes, as amended in section 9
Page 17, Line 15of this act take effect January 1, 2027, or on the date of the official
Page 17, Line 16declaration of the vote thereon by the governor, whichever is later.