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CO HB1357

Bill

Official Source

Status

Passed

6/5/2015

Primary Sponsor

Lois Court

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Sets the residential property assessment ratio at 7.96 percent of actual property value for tax years beginning January 1, 2015 through December 31, 2016
  • Establishes this ratio based on a target percentage of 45.67 percent as determined by the administrator
  • Applies only to residential real property assessments during the specified two-year period
  • Includes a safety clause declaring the act necessary for immediate preservation of public peace, health, and safety

Legislative Description

Assessment Ratio For Residential Real Property

Last Action

Governor Signed

6/5/2015

Committee Referrals

Local Government4/27/2015
Local Government4/13/2015

Full Bill Text

No bill text available