C.R.S. Section 39-1-101
Legislative declaration


The general assembly declares that its purpose in enacting articles 1 to 13 of this title is to exercise the authority granted in section 3 of article X of the state constitution wherein it is provided, among other things, that “the actual value of all real and personal property not exempt from taxation under this article shall be determined under general laws, which shall prescribe such methods and regulations as shall secure just and equalized valuations for assessment of all real and personal property not exempt from taxation under this article”. It further declares that it intends to fix the percentage of such determined actual value at which all such property shall be assessed for taxation. It further declares that the actual value of certain classes of real property may not be able to be determined after appropriate consideration of the three approaches to value; therefore, it is incumbent upon the general assembly to provide for a means to determine the actual value of such taxable property, and, to effect this result, the general assembly hereby finds and declares that, when appropriate consideration of the three approaches to value fails to derive an actual value for such property, the actual value of such property shall be determined by comparison of the surface use of such property to property with a similar surface use. It further declares that the actual value of nonproducing oil, gas, and oil and gas mineral interests shall be determined by the income approach capitalizing annual net rental income at an appropriate market rate. To these ends, the provisions of said articles shall be strictly construed.

Source: Section 39-1-101 — Legislative declaration, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-39.­pdf (accessed Oct. 20, 2023).

39‑1‑101
Legislative declaration
39‑1‑101.5
Legislative declaration - taxpayer rights
39‑1‑102
Definitions
39‑1‑103
Actual value determined - when - legislative declaration
39‑1‑103.5
Restrictions on information
39‑1‑104
Valuation for assessment - definitions
39‑1‑104.2
Residential real property - valuation for assessment - legislative declaration - definitions
39‑1‑104.3
Partial real property tax reductions - residential property - definitions - repeal
39‑1‑104.4
Adjustment of residential rate
39‑1‑104.5
Severed mineral interest - placement on tax roll
39‑1‑104.6
Primary residence real property
39‑1‑104.7
Qualified-senior primary residence real property - definitions
39‑1‑105
Assessment date
39‑1‑105.5
Reappraisal ordered based on valuation for assessment study - state school finance payments
39‑1‑106
Partial interests not subject to separate tax
39‑1‑107
Tax liens
39‑1‑108
Payment of taxes - grantor and grantee
39‑1‑109
Taxes paid by mortgagee - effect
39‑1‑110
Notice - formation of political subdivision - boundary change of special district
39‑1‑111
Taxes levied by board of county commissioners - repeal
39‑1‑111.5
Temporary property tax credits and temporary mill levy rate reductions
39‑1‑112
Taxes available - when
39‑1‑113
Abatement and refund of taxes
39‑1‑114
Who may administer oath
39‑1‑115
Records prima facie evidence
39‑1‑116
Penalty for divulging confidential information
39‑1‑117
Prior actions not affected
39‑1‑118
Repeal of law levying state property tax - disposition of funds
39‑1‑119
Funds held for payment of taxes - refund - reduction and increase of amounts - penalty
39‑1‑119.5
Funds collected by lessors of personal property for payments of taxes - refund - damages
39‑1‑120
Filing - when deemed to have been made
39‑1‑121
Expression of rate of property taxation in dollars per thousand dollars of valuation for assessment - definitions
39‑1‑123
Property tax reimbursement - property destroyed by natural cause
39‑1‑124
Mailing required to be sent by county assessor or treasurer - reasonable certainty mailing will not be delivered
Green check means up to date. Up to date

Current through Fall 2024

§ 39-1-101’s source at colorado​.gov