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 D 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) 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 15(II) Upon registering a trailer under this section, the
Page 2, Line 16department shall notify the owner of the requirement of this
Page 3, Line 1subsection (5)(d) to notify the department of any transfer of the
Page 3, Line 2trailer registered under this subsection (5). The department
Page 3, Line 3shall also notify the public of the requirements of this subsection (5) on its web page.
Page 3, Line 4SECTION 2. In Colorado Revised Statutes, 42-3-107, amend(25)(b); and add (29) as follows:
Page 3, Line 542-3-107. Taxable value of classes of property - rate of tax -
Page 3, Line 6when and where payable - department duties - apportionment of tax
Page 3, Line 7collections - definitions - rules - repeal. (25) (b) The credit authorized
Page 3, Line 8in subsection (25)(a) of this section does not apply to fees imposed in
Page 3, Line 9sections 42-3-301; 42-3-304 (5), (6), (7), (19), and (22); 42-3-312;
andPage 3, Line 10(29) The owner must prepaytwo years of annual specific ownership tax to register a trailer under section 42-3-102 (5).
Page 3, Line 11SECTION 3. In Colorado Revised Statutes, add 42-3-315 as follows:
Page 3, Line 1242-3-315. Fee for long-term or permanent registration -
Page 3, Line 13trailers. (1) In lieu of any other fee imposed for registration of
Page 3, Line 14a trailer, the fee for registration issued under section 42-3-102 (5) is fifty-five dollars and eighty-two cents.
Page 3, Line 15(2) (a) The department or authorized agent that
Page 3, Line 16registered the trailer may retain two dollars of the registration fee.
Page 3, Line 17(b) The department or authorized agent shall retain one
Page 3, Line 18dollar and fifty cents of the fee, which the department shall
Page 3, Line 19transfer to the county where the registration occurred, if
Page 3, Line 20applicable, and the county shall allocate the money to the
Page 4, Line 1county road and bridge fund for the county created pursuant to section 43-2-202 (1)(a).
Page 4, Line 2(c) The state treasurer shall credit the following amounts of the remainder of the fee to the following funds:
Page 4, Line 3(I) Fifty cents to the Colorado DRIVES vehicle services
Page 4, Line 4account created in section 42-1-211 (2) within the highway users tax fund;
Page 4, Line 5(II) Two dollars and fifty cents to the license plate cash fund created in section 42-3-301 (1)(b);
Page 4, Line 6(III) Five dollars to the statewide bridge and tunnel
Page 4, Line 7enterprise special revenue fund created in section 43-4-805 (3)(a);
Page 4, Line 8(IV) Sixteen dollars to the highway users tax fund
Page 4, Line 9created in section 43-4-201 and allocated as specified in section 43-4-205 (6)(b); and
Page 4, Line 10(V) The remainder of the fee to the highway users tax fund created in section 43-4-201.
Page 4, Line 11SECTION 4. In Colorado Revised Statutes, 42-1-211, amend (2) as follows:
Page 4, Line 1242-1-211. Driver's license, record, identification, and vehicle
Page 4, Line 13enterprise solution. (2) There is
herebyPage 4, Line 14vehicle services account in the highway users tax fund for the purpose of
Page 4, Line 15providing funds for the development and operation of Colorado DRIVES,
Page 4, Line 16including operations performed under articles 2, 3, 4, 6, 7, and 12 of this
Page 4, Line 17title 42, to cover the costs of administration and enforcement of the
Page 4, Line 18motorist insurance identification database program created in section
Page 4, Line 1942-7-604, and to purchase and issue license plates, decals, and validating
Page 4, Line 20tabs in accordance with article 3 of this title 42. Money received from the
Page 5, Line 1fees imposed by sections 38-29-138 (1), (2), (4), and (5), 42-1-206 (2)(a),
Page 5, Line 242-1-210 (1)(a)(II), 42-1-231, 42-1-233 (3)(b), 42-2-107 (1)(a)(I),
Page 5, Line 342-2-114 (2)(b), (2)(c)(I), (2)(c)(II), (2)(e), and (4)(a), 42-2-114.5 (1),
Page 5, Line 442-2-117 (1), 42-2-118 (1)(b)(I)(C) and (1.5)(b), 42-2-133 (2), 42-2-306
Page 5, Line 5(2), 42-2-406 (1), (2), (3)(d), and (6), 42-2-508 (1), 42-3-107 (22),
Page 5, Line 642-3-213 (1)(b)(IV), 42-3-304 (18)(d)(I)(B), 42-3-306 (14), 42-3-312,
Page 5, Line 742-3-313 (2)(c)(I), 42-3-315, 42-6-110 (1.7)(c), 42-6-137 (1), (2), (4), (5),
Page 5, Line 8and (6), and 42-6-138 (1)(a), (2), and (4) and any money received through
Page 5, Line 9gifts, grants, and donations to the account from private or public sources
Page 5, Line 10for the purposes of this section, shall be credited by the state treasurer to
Page 5, Line 11the Colorado DRIVES vehicle services account. The state treasurer shall
Page 5, Line 12credit all interest and income derived from the deposit and investment of
Page 5, Line 13money in the Colorado DRIVES vehicle services account to the account.
Page 5, Line 14The general assembly shall appropriate annually the money in the account
Page 5, Line 15for the purposes of this subsection (2). If any unexpended and
Page 5, Line 16unencumbered money remains in the account at the end of a fiscal year,
Page 5, Line 17the balance remains in the account and is not transferred to the general fund or any other fund.
Page 5, Line 18SECTION 5. Act subject to petition - effective date -
Page 5, Line 19applicability. (1) This act takes effect July 1, 2027; except that, if a
Page 5, Line 20referendum petition is filed pursuant to section 1 (3) of article V of the
Page 5, Line 21state constitution against this act or an item, section, or part of this act
Page 5, Line 22within the ninety-day period after final adjournment of the general
Page 5, Line 23assembly, then the act, item, section, or part will not take effect unless
Page 5, Line 24approved by the people at the general election to be held in November 2026 and, in such case, will take effect July 1, 2027.
Page 6, Line 1(2) This act applies to registrations made on or after January 1, 2028.