CO HB1007

Defines "accessible housing property" as residential projects constructed on or after January 1, 2025, that meet state accessibility point requirements under Section 9-5-105(2)(a).

Reduces property tax assessment percentages for accessible housing properties by 1/60 of 1% (up to 1% maximum) for each accessibility point exceeding the state minimum requirements.

Provides additional tax reductions based on dwelling unit types, with Type A dwelling units receiving the highest reduction (0.1%), followed by Type A multistory (0.08%), Type B dwelling units (0.08%), Type B multistory (0.05%), and Type B visitable ground floor units (0.01%), not to exceed 1% total.

Establishes that Type B visitable ground floor units count as one-third of one point when determining whether a property exceeds required accessibility points.

Bill takes effect only if Senate Bill 24-233 becomes law.