CO SB044

Authorizes county commissioners to cancel taxes levied on severed mineral accounts 5 years after the taxes become delinquent if determined uncollectible

Allows counties to convey canceled severed mineral accounts to the surface owner or grantee of record via recorded tax deed at no cost, or transfer them to the treasurer's office

Reduces the holding period for tax lien certificates on severed mineral accounts from 15 years to 5 years before the certificate may be declared void

Limits tax liens on severed mineral accounts to 5 years after original issuance, compared to 15 years for other real property

Effective date of August 12, 2026, subject to potential referendum