HB 22-1416

  • Colorado House Bill
  • 2022 Regular Session
  • Introduced in House May 06, 2022
  • Passed House May 06, 2022
  • Passed Senate May 09, 2022
  • Signed by Governor May 16, 2022

Property Tax Administrative Procedures

Abstract

The property tax administrator is required by law to prepare and publish manuals, appraisal procedures, instructions, and guidelines (property tax materials) concerning the administration of property tax. Beginning January 1, 2023, section 1 of the bill requires the administrator to conduct a public hearing on a proposed change to the property tax materials prior to submitting the proposed change to the advisory committee to the property tax administrator. The administrator must publish notice of the hearing and mail notice to those people who so request. At the hearing, interested persons may submit information and the administrator is required to consider any submissions. Any interested person may also file a written petition to the administrator for the issuance, amendment, or repeal of any property tax material. At least 2 weeks prior to the advisory committee to the property tax administrator reviewing a proposed change to the property tax materials, section 2 requires the property tax administrator to publish notice about the proposed change. Under current law, an assessor may, with the permission of the board of county commissioners, include an estimate of property taxes owed in a notice of valuation. Section 3 requires an assessor to include this estimate and allows the assessor to include a range of values.Section 3 also requires any valuation sent to the owner of any real property to alert the property owner to the process of requesting an abatement if they do make a timely objection to their property's valuation. Likewise, any notice of valuation sent to the owner of commercial property must include contact information for the relevant county assessor and a specific statement directing the owner to contact the county assessor if needed for information on how the property was valued. Currently, a taxpayer who wishes to protest the valuation of their taxable real property must file a notice of their objection and protest with the assessor by June 1. Sections 3 and 4 extend this deadline to June 8.Section 4 requires an assessor who discovers any error that impacts the valuation of a class or subclass of property to recommend to the county board of equalization an adjustment to the class or subclass of property to correct the error.Section 5 requires the state board of assessment appeals to advance an appeal concerning the valuation of rent-producing commercial real property on the board of assessment appeals' calendar when the taxpayer provides certain relevant information and requests an advancement on or before July 15 of the same calendar year. This section also allows the board of assessment appeals to charge a fee to a taxpayer whose appeal the board of assessment appeals advances.Section 6 places a 5% cap on the amount by which a valuation of property set by a county board of equalization can be increased on appeal. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill Sponsors (4)

Votes


May 09, 2022

May 06, 2022

Actions


May 16, 2022

Office of the Governor

Governor Signed

Office of the Governor

Sent to the Governor

Senate

Signed by the President of the Senate

May 14, 2022

House

Signed by the Speaker of the House

May 09, 2022

Senate

Senate Third Reading Passed - No Amendments

May 06, 2022

Senate

Senate Second Reading Special Order - Passed - No Amendments

Senate

Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Appropriations

Senate

Introduced In Senate - Assigned to Appropriations

  • Introduction
Appropriations

House

House Third Reading Passed - No Amendments

May 05, 2022

House

House Second Reading Special Order - Passed with Amendments - Committee

House

House Committee on Appropriations Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

May 04, 2022

House

House Committee on State, Civic, Military, & Veterans Affairs Refer Amended to Appropriations

  • Referral-Committee
Appropriations

May 02, 2022

House

Introduced In House - Assigned to State, Civic, Military, & Veterans Affairs

  • Introduction
State, Civic, Military, & Veterans Affairs

Bill Text

Bill Text Versions Format
Signed Act (05/16/2022) PDF
Final Act (05/16/2022) PDF
Rerevised (05/09/2022) PDF
Revised (05/06/2022) PDF
Reengrossed (05/06/2022) PDF
Engrossed (05/05/2022) PDF
Introduced (05/02/2022) PDF
PA2 (05/05/2022) PDF
PA1 (05/04/2022) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (05/04/2022) PDF
Fiscal Note SA2 (05/06/2022) PDF
Fiscal Note FN1 (05/04/2022) PDF
Fiscal Note FN2 (05/06/2022) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.