HB 21-1308 Summary

• Beginning January 1, 2022, property tax administrator must conduct public hearings on proposed changes to property tax manuals, appraisal procedures, and guidelines, with at least 2 weeks' advance notice to interested persons who may submit information for consideration.

• Assessors must include estimated property taxes in notices of valuation and may include a range of possible tax values to provide taxpayers with better information.

• If an assessor discovers a systematic error in property valuations during protest consideration, the assessor must correct that error for all other similarly situated properties affected by the same error.

• Extends all deadlines for taxpayer protests and appeals by one month: protest deadlines move from June 1 to July 1 for real property and June 30 to July 30 for personal property; county board of equalization appeal deadlines shift from July 15 to August 15 for real property and July 20 to August 20 for personal property.

• Delays assessor reporting deadlines from August 25 to September 25 for total valuations and abstract of assessment filings.