CO HB1386

Increases initial property tax exemption application filing fee from $150 to $175, credited to the property tax exemption fund

Increases annual exemption report filing fee from $53 to $75, credited to the property tax exemption fund

Increases late filing fees for annual reports from $150 to $250, with administrator authority to waive fees for good cause shown

Increases delinquent annual report late filing fee from $150 to $250, with administrator authority to waive fees for good cause shown

Decreases general fund appropriation to Department of Local Affairs by $169,742 while appropriating $301,073 from the property tax exemption fund for program administration costs, effective July 1, 2010