Colorado Revised Statutes Title 39 — Taxation
C.R.S. § 39-5-125
Omission - correction of errors
# (1)
Except as otherwise provided in subsection (3) of this section, whenever it is discovered that any taxable property has been omitted from the assessment roll of any year or series of years, the assessor shall immediately determine the value of such omitted property and shall list the same on the assessment roll of the year in which the discovery was made and shall notify the treasurer of any unpaid taxes on such property for prior years.
# (2)
Omissions and errors in the assessment roll, when it can be ascertained therefrom what was intended, may be supplied or corrected by the assessor at any time before the tax warrant is delivered to the treasurer or by the treasurer at any time after the tax warrant has come into his hands.
# (3)
If taxable personal property that has been omitted from the assessment roll of any year or series of years is discovered due to a property owner or an agent of a property owner who advertises for rent furnished residential real property providing information to the assessor pursuant to section 39-5-108.5 (2), the assessor shall not notify the treasurer of any unpaid taxes on the taxable personal property for prior years and the property owner or agent shall not be liable for any such unpaid taxes for prior years.
# (4)
If omitted property is added by the assessor or the treasurer for a prior assessment year, then a petition for abatement or refund may be filed at any time after the taxes are levied and an amended tax bill has been generated, but before two years after January 1 of the year following the year in which the taxes are levied. Source: L. 64: R&RE, p. 705, § 1. C.R.S. 1963: § 137-5-25. L. 2009: (1) amended and (3) added, (HB 09-1110), ch. 162, p. 700, § 2, effective August 5. L. 2017: (4) added, (HB 17-1049), ch. 148, p. 495, § 2, effective August 9.
Amendment history
L. 64: R&RE, p. 705, § 1. C.R.S. 1963: § 137-5-25. L. 2009: (1) amended and (3) added, (HB 09-1110), ch. 162, p. 700, § 2, effective August 5. L. 2017: (4) added, (HB 17-1049), ch. 148, p. 495, § 2, effective August 9.
Source: view the official text
In this article (40 sections)
- 39-5-103.5 · Maps of parcels of land in the county
- 39-5-104 · Valuation of property
- 39-5-104.5 · Valuation of personal property
- 39-5-104.7 · Valuation of real and personal property that produces…
- 39-5-105 · Improvements - water rights - valuation
- 39-5-106 · Purchase of state land
- 39-5-107 · Personal property schedule
- 39-5-108 · Schedule sent to taxpayer - return
- 39-5-108.5 · Furnished residential real property rental advertisements…
- 39-5-110 · Property brought into state after assessment date - removal…
- 39-5-113 · Movable equipment - apportionment of value
- 39-5-113.3 · Oil and gas drilling rigs - apportionment of value
- 39-5-113.5 · Works of art - apportionment of value
- 39-5-114 · Unclassified property shown on schedule
- 39-5-115 · Taxpayer to furnish information - affidavit on mineral leases
- 39-5-116 · Failure to file schedule - failure to fully and completely…
- 39-5-117 · Property improvements destroyed after assessment date
- 39-5-118 · Failure to receive schedule - validity of valuation
- 39-5-119 · Refusal to answer - court order
- 39-5-120 · Tax schedules endorsed and filed - availability for…
- 39-5-121 · Notice of valuation - legislative declaration - definition -…
- 39-5-121.5 · Valuation - inspection of data by taxpayers
- 39-5-122 · Taxpayer's remedies to correct errors
- 39-5-122.7 · Alternate protest and appeal procedure for specified…
- 39-5-123 · Abstract of assessment or amended abstract of assessment
- 39-5-124 · Property tax administrator to examine abstract
- 39-5-125 · Omission - correction of errors
- 39-5-126 · Wrongful return by assessor
- 39-5-127 · Correction of assessments
- 39-5-128 · Certification of valuation for assessment
- 39-5-129 · Delivery of tax warrant - public inspection
- 39-5-130 · Informality not to invalidate
- 39-5-132 · Assessment and taxation of new construction
- 39-5-133 · 2011 modification of statutory definition of agricultural…
- 39-5-134 · Controlled environment agricultural facility - valuation -…
- 39-5-201 · Legislative declaration
- 39-5-202 · Taxation of mobile homes - effective date
- 39-5-203 · Mobile homes - determination of value
- 39-5-204 · Notification concerning mobile homes in a county for part of…
- 39-5-205 · Relocation of a mobile home - collection of taxes