CO HB1101

Adds Colorado Revised Statute 39-3-118.7 to create a partial business personal property tax exemption for community solar gardens.

Exempts the percentage of alternating current electricity capacity attributed to residential subscribers, governmental subscribers, or tax-exempt organizations from property tax for tax years beginning January 1, 2015 through December 31, 2020.

Defines "community solar garden" and "subscriber" by reference to existing statutes in Section 40-2-127.

Takes effect August 6, 2014, subject to voter approval if a referendum petition is filed during the ninety-day period following final adjournment of the general assembly.