Colorado Revised Statutes Title 39 — Taxation
C.R.S. § 39-3-201
Legislative declaration
(1) The general assembly hereby finds and declares that:
# (a)
Section 3.5 of article X of the state constitution, which was approved by the registered electors of the state at the 2000 general election and amended by the registered electors of the state at the 2006 general election, provides property tax exemptions for a qualifying senior and for a qualifying disabled veteran, defined, in accordance with the people first language requirements of section 2-2-802, in section 39-3-202 (3.5) as a qualifying veteran with a disability for purposes of this part 2;
# (b)
It is within the legislative prerogative of the general assembly to enact legislation to implement section 3.5 of article X of the state constitution that will ensure compliance with the requirements of said section and facilitate its operation;
# (c)
In enacting legislation to implement section 3.5 of article X of the state constitution the general assembly has attempted to interpret the provisions of section 3.5 of article X of the state constitution in a manner that gives its words their natural and obvious significance;
# (d)
This part 2 reflects the considered judgment of the general assembly regarding the meaning and implementation of the provisions of section 3.5 of article X of the state constitution. Source: L. 2001: Entire part added, p. 460, § 1, effective April 25. L. 2007: (1)(a) amended, p. 476, § 1, effective April 15. L. 2023: (1)(a) amended, (SB 23-036), ch. 345, p. 2068, § 1, effective June 5; (1)(a) amended, (SB 23-1052), ch. 131, p. 499, § 3, effective January 1, 2025. Editor's note: Subsection (1)(a) was amended in HB 23-1052, effective January 1, 2025. However, those amendments were superseded by the amendments to subsection (1)(a) by SB 23-036, effective June 5, 2023. Cross references: For the legislative declaration in HB 23-1052, see section 1 of chapter 131, Session Laws of Colorado 2023.
Amendment history
L. 2001: Entire part added, p. 460, § 1, effective April 25. L. 2007: (1)(a) amended, p. 476, § 1, effective April 15. L. 2023: (1)(a) amended, (SB 23-036), ch. 345, p. 2068, § 1, effective June 5; (1)(a) amended, (SB 23-1052), ch. 131, p. 499, § 3, effective January 1, 2025.
Source: view the official text
In this article (40 sections)
- 39-3-113.5 · Property acquired by nonprofit housing provider for…
- 39-3-114 · Burden - claim for charitable exemption
- 39-3-115 · Statutes not applicable
- 39-3-116 · Combination use of property - charitable, religious, and…
- 39-3-117 · Cemeteries - not-for-profit - exemption
- 39-3-118 · Intangible personal property - exemption
- 39-3-118.5 · Business personal property - exemption - exemption…
- 39-3-118.7 · Community solar garden - partial business personal…
- 39-3-119 · Inventories - materials and supplies - held for consumption…
- 39-3-119.5 · Personal property - exemption - reimbursement to local…
- 39-3-120 · Livestock - exemption
- 39-3-121 · Agricultural and livestock products - exemption
- 39-3-122 · Agricultural equipment used in production of agricultural…
- 39-3-123 · Works of art, literary materials, and artifacts - on loan -…
- 39-3-124 · Property used by state entity - installment sales or lease…
- 39-3-126 · Horticultural improvements - exemption - limitation -…
- 39-3-126.5 · Mobile homes - low-value - exemption - legislative…
- 39-3-127 · County fair property - exemption - limitation
- 39-3-127.5 · Qualifying business entities - participation in federal…
- 39-3-127.7 · Community land trust property - nonprofit affordable…
- 39-3-128 · Exempt property listed and valued
- 39-3-129 · Proportional valuation - exempt property
- 39-3-130 · Change in tax status of property - effective date - tax…
- 39-3-131 · Entire property becomes tax-exempt
- 39-3-132 · Portion of property becomes tax-exempt
- 39-3-133 · Payment of property taxes extinguishes lien
- 39-3-134 · Condemnation by tax-exempt agency - duties of treasurer
- 39-3-137 · Organizations with tax-exempt status - forgiveness of taxes…
- 39-3-138 · EV supply equipment - exemption
- 39-3-139 · Property tax relief for communication services deployment -…
- 39-3-201 · Legislative declaration
- 39-3-202 · Definitions
- 39-3-203 · Property tax exemption - qualifications
- 39-3-204 · Notice of property tax exemption
- 39-3-205 · Exemption applications - penalty for providing false…
- 39-3-206 · Notice to individuals returning incomplete or nonqualifying…
- 39-3-207 · Reporting of exemptions - reimbursement to local…
- 39-3-208 · Auditing of property tax exemption program
- 39-3-209 · State expenditure for property tax exemptions - mechanism…
- 39-3-211 · Reporting of assessed value reductions - reimbursement of…