CO HB1095

Requires property tax appeals for nonresidential, non-agricultural real property to comply with Uniform Standards of Professional Appraisal Practice (USPAP) when submitting requested valuations to county assessors, county boards of equalization, or the state board of assessment appeals

Mandates petitioners appealing rent-producing commercial property valuations provide full copies of all leases in place as of the valuation date

Requires petitioners to submit any market data relied upon in determining their requested property valuation

Applies to protests filed to county assessors, petitions to county boards of equalization, and appeals to the state board of assessment appeals, district court, or arbitration

Takes effect 90 days after final adjournment of the general assembly, subject to potential referendum