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CO HB1319
Bill
Status
Passed
5/28/2013
Primary Sponsor
Lois Court
Click for details
AI Summary
- Establishes the ratio of valuation for assessment for residential real property at 7.96 percent of actual value for property tax years beginning January 1, 2013 through December 31, 2014
- Based on a determination by the administrator that the target percentage is 45.86 percent
- Adds new subsection (3)(n) to Colorado Revised Statutes 39-1-104.2 regarding legislative declaration and adjustment of residential rate
- Includes a safety clause declaring the act necessary for immediate preservation of public peace, health, and safety
- Signed into law by Governor John W. Hickenlooper
Legislative Description
Assessment Ratio For Residential Real Property
Last Action
Governor Action - Signed
5/28/2013
Committee Referrals
Finance4/26/2013
Finance4/19/2013
Full Bill Text
No bill text available