CO HB1289

Metropolitan districts with lease agreements effective January 1, 2025 or later must file statements with the county assessor describing their use of leased property, authority to use it, any private use, and any conflict-of-interest disclosures filed by board members

County assessors must forward statements containing board member conflict disclosures to the governing body that approved the district's service plan within 14 days; the governing body has 63 days to determine whether the property serves a public purpose

Property leased to a public entity but then leased back to a private person for private purposes remains taxable to the owner

Governing body decisions on whether leased property qualifies for tax exemption are final and cannot be appealed or give rise to private lawsuits

Effective 90 days after legislative adjournment, subject to potential referendum in November 2026