reglab/housing_qa huggingface dataset:
CO Code § 39-3-112.5 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-112.5. Residential Property - Homeless - Charitable Purposes - Exempt - Limitations

  Property, real and personal, which is used solely and exclusively for strictly charitable purposes and not for private gain or corporate profit shall be exempt from the levy and collection of property tax if such property is residential, is owned by the United States, and is leased by a department or agency of the United States to any nonprofit organization, whether organized under the laws of this state or of another state, for the purpose of housing single individuals or families, or both, who are homeless.    Any exemption shall be allowed pursuant to subsection (1) of this section only upon the delivery to the administrator of a copy of such lease between the agency of the United States and the nonprofit organization and a copy of the rental agreement between the nonprofit organization and the individuals or families to be housed in such property. Such exemption shall be allowed only for the period of time that such residential property is actually used for said purpose, and such nonprofit organization shall immediately notify the administrator when the use of such residential property has changed.    Any exemption claimed pursuant to the provisions of this section shall comply with the provisions of section 39-2-117.     History. Source: L. 91: Entire section added, p. 1959, § 6, effective June 7.
CO Code § 39-3-114 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-114. Burden - Claim for Charitable Exemption

 The burden shall be on the owner and operator of any residential property for which an exemption is claimed pursuant to any of the provisions of sections 39-3-109 and 39-3-112 to show facts sufficient to support the exemption claimed. In determining whether or not a particular property is entitled to such an exemption provided for in any of said sections, the administrator may require the owner or operator of such property to annually submit a complete financial report on its operations and may require any occupants whose residential units are claimed to qualify for such exemption to submit copies of their federal or state income tax returns.   History. Source: L. 89: Entire article R&RE, p. 1475, § 1, effective April 23. L. 2009: Entire section amended,(SB 09-042), ch. 176, p. 781, § 4, effective August 5.    Editor's note:   This section is similar to former § 39-3-101 (1)(g) as it existed prior to 1989.   ANNOTATION   Subsection (1)(g) not violative of equal protection. There can be no doubt that the general assembly intended to treat property owned and used by a charity differently than property merely used by a charity. Since within these classes all persons or entities are treated similarly, there is no violation of equal protection under the fourteenth amendment. First Nat'l Bank v. Bd. of County Comm'rs, 189 Colo. 128 , 538 P.2d 427 (1975) (decided under former law).
CO Code § 39-3-115 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-115. Statutes Not Applicable

 Nothing in sections 39-3-106 to 39-3-114 shall apply to parts 2 and 5 of article 4 of title 29, C.R.S.   History. Source: L. 89: Entire article R&RE, p. 1476, § 1, effective April 23.
CO Code § 39-3-117 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-117. Cemeteries - Not-for-Profit - Exemption

 Cemeteries not used or held for private or corporate profit shall be exempt from the levy and collection of property tax.   History. Source: L. 89: Entire article R&RE, p. 1476, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-101 (1)(h) as it existed prior to 1989.
CO Code § 39-3-118 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-118. Intangible Personal Property - Exemption

 Intangible personal property shall be exempt from the levy and collection of property tax. For purposes of this section, “intangible personal property” shall include, but is not limited to, computer software.   History. Source: L. 89: Entire article R&RE, p. 1476, § 1, effective April 23. L. 90: Entire section amended, p. 1715, § 2, effective May 2.    Editor's note:   This section is similar to former § 39-3-101 (1)(i) as it existed prior to 1989.   Cross references:   For the legislative declaration contained in the 1990 act amending this section, see section 1 of chapter 281, Session Laws of Colorado 1990.   ANNOTATION   Exemption does not apply to a public utility, which is assessed under the valuation method established in part 4 of this article. Qwest v. Colo. Div. of Prop. Taxation, 2013 CO 39, 304 P.3d 217 .   Condominium net income is not an intangible asset and not exempt from the levy and collection of property tax. Income generated from rentals of individually owned condominium units to transient guests of an adjoining hotel is measurable and is, in fact, cash. Excluding condominium net income would undermine the foundation of the income approach to valuation. Lodge Props. v. Eagle County Bd. of Equaliz., 2020 COA 138 , __ P.3d __.
CO Code § 39-3-118.5 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-118.5. Business Personal Property - Exemption - Exemption Authority for Local Governments

  For property tax years commencing on and after January 1, 1996, business personal property shall be exempt from the levy and collection of property tax until such business personal property is first used in the business after acquisition.    For the property tax year commencing on January 1, 2021, any county, municipality, or special district may exempt from its levy and collection of property tax up to one hundred percent of any business personal property.     History. Source: L. 95: Entire section added, p. 1213, § 1, effective May 31. L. 2021: Entire section amended,(SB 21-130), ch. 75, p. 299, § 2, effective April 29.    Cross references:   For the legislative declaration in SB 21-130, see section 1 of chapter 75, Session Laws of Colorado 2021.
CO Code § 39-3-118.7 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-118.7. Community Solar Garden - Partial Business Personal Property Tax Exemption - Definitions

  As used in this section, unless the context otherwise requires:   “Community solar garden” has the same meaning as set forth in section 40-2-127 (2)(b)(I)(A), C.R.S.    “Subscriber” has the same meaning as set forth in section 40-2-127 (2)(b)(II), C.R.S.       For property tax years commencing on and after January 1, 2015, but before January 1, 2021, there is exempt from the levy and collection of property tax the percentage of alternating current electricity capacity of a community solar garden that is attributed to residential or governmental subscribers, or to subscribers that are organizations that have been granted property tax exemptions pursuant to sections 39-3-106 to 39-3-113.5.     History. Source: L. 2014: Entire section added, (HB 14-1101), ch. 172, p. 627, § 1, effective August 6.
CO Code § 39-3-119 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-119. Inventories - Materials and Supplies - Held for Consumption or Primarily for Sale - Exemption

 Inventories of merchandise and materials and supplies that are held for consumption by any business or are held primarily for sale shall be exempt from the levy and collection of property tax. The property tax administrator shall publish in the manuals, appraisal procedures, and instructions prepared and published pursuant to section 39-2-109 (1)(e) a definition or description of the types of personal property that are “held for consumption by any business” and therefore exempt from the levy and collection of property tax pursuant to this section.   History. Source: L. 89: Entire article R&RE, p. 1476, § 1, effective April 23. L. 2000: Entire section amended, p. 750, § 2, effective May 23.    Editor's note:   This section is similar to former § 39-3-101 (1)(k) as it existed prior to 1989.   ANNOTATION   Television signal boxes and filters owned by a television service provider and leased to customers are exempt property. The property tax administrator's published guidelines for the consumable personal property tax exemption allow for personal property to be exempt from taxation if the acquisition cost of the property is $250 or less. Because the value of each box and filter, or each combination of one box and one filter, was less than $250 and the boxes and filters were produced by different manufacturers and recorded as separate assets by the television service provider, the boxes and filters are considered individual items worth less than $250 rather than components of a larger system worth more than $250. EchoStar Satellite, L.L.C. v. Arapahoe County Bd. of Equaliz., 171 P.3d 633 (Colo. App. 2007).
CO Code § 39-3-120 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-120. Livestock - Exemption

 Livestock shall be exempt from the levy and collection of property tax.   History. Source: L. 89: Entire article R&RE, p. 1476, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-101 (1)(l) as it existed prior to 1989.
CO Code § 39-3-121 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-121. Agricultural and Livestock Products - Exemption

 Agricultural and livestock products shall be exempt from the levy and collection of property tax.   History. Source: L. 89: Entire article R&RE, p. 1477, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-101 (1)(m) as it existed prior to 1989.
CO Code § 39-3-122 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-122. Agricultural Equipment Used in Production of Agricultural Products - Exemption

 Agricultural equipment which is used on any farm or ranch in the production of agricultural products shall be exempt from the levy and collection of property tax.   History. Source: L. 89: Entire article R&RE, p. 1477, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-101 (1)(n) as it existed prior to 1989.
CO Code § 39-3-123 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-123. Works of Art, Literary Materials, and Artifacts - on Loan - Exemption - Limitations - Definitions

  Works of art, literary materials, and artifacts shall be exempt from the levy and collection of property tax if such works of art, literary materials, and artifacts are loaned to and are in the custody and control of:   The state or a political subdivision thereof; or    A library or any art gallery or museum which is owned or operated by a charitable organization whose property is irrevocably dedicated to charitable purposes and whose assets shall not inure to the benefit of any private person upon the liquidation, dissolution, or abandonment by the owner, and which uses such works of art, literary materials, and artifacts for charitable purposes. This exemption shall apply only for the period of time during which such works of art, literary materials, and artifacts are actually on loan and shall be in addition to such exemptions provided for in sections 39-3-108 to 39-3-113.5.       Any exemption claimed pursuant to the provisions of subsection (1) of this section shall comply with the provisions of section 39-5-113.5.    For purposes of subsection (1) of this section:   “Artifacts” means items of personal property which are objects of human workmanship and which have archaeological or historical significance.    “Charitable organization” means a charitable organization as defined in section 39-26-102 (2.5).    “Charitable purposes” means public display, research, educational study, maintenance of property, and preparation for display.    “Literary materials” means items of personal property including, but not limited to, books, letters, diaries, records, documents, memoranda, journals, magazines, and notes.    “Works of art” means works of art as defined in section 39-1-102 (18).        History. Source: L. 89: Entire article R&RE, p. 1477, § 1, effective April 23. L. 2013: (1)(b) amended,(HB 13-1300), ch. 316, p. 1704, § 121, effective August 7.    Editor's note:   This section is similar to former § 39-3-101 (1)(o) as it existed prior to 1989.
CO Code § 39-3-126 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-126. Horticultural Improvements - Exemption - Limitation - Exception

 Any increase in value of privately owned lands resulting from the planting of trees shall not be taken into account in determining the actual value of such lands for a period of thirty years from the date of planting such trees. This section shall apply to all lands so planted; however, in the event that any trees become sufficiently mature as to be of economic use and value prior to the expiration of thirty years, any increase in use and value shall be thereafter taken into account in determining the actual value of such lands.   History. Source: L. 89: Entire article R&RE, p. 1478, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-103 as it existed prior to 1989.
CO Code § 39-3-127 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-127. County Fair Property - Exemption - Limitation

 Property, real and personal, of any association duly organized pursuant to the laws of this state for the purpose of holding county fairs to promote and advance the interests of agriculture, horticulture, animal husbandry, home economics, and the mechanical attributes thereof shall be exempt from the levy and collection of property tax so long as such property is actually and exclusively used for said purpose and not for pecuniary profit.   History. Source: L. 89: Entire article R&RE, p. 1478, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-104 as it existed prior to 1989.
CO Code § 39-3-127.5 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-127.5. Qualifying Business Entities - Participation in Federal Tax Credit Transactions - Exemption - Requirements - Definitions

  As used in this section, unless the context otherwise requires:   “Qualified business entity” means a limited partnership or a limited liability company:   That is formed for the purpose of obtaining federal tax credits and that does obtain such credits; and    The general partner or managing member of which is an entity that would qualify for property tax exemption under sections 39-3-106 to 39-3-113.5.          For property tax years beginning on or after January 1, 2014, real and personal property is exempt from the levy and collection of property tax if:   The property tax is owed by a qualified business entity; and    The property is used for the purposes described in sections 39-3-106 to 39-3-113.5 and 39-3-116.       In addition to any other requirement specified in this section, any exemption claimed pursuant to the provisions of this section must also comply with section 39-2-117.     History. Source: L. 2014: Entire section added, (HB 14-1349), ch. 230, p. 853, § 1, effective May 17.
CO Code § 39-3-128 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-128. Exempt Property Listed and Valued

 It is the duty of the assessor to list, appraise, and value all real property exempted from the levy and collection of property tax pursuant to the provisions of sections 39-3-106 to 39-3-113.5 or 39-3-116 , and such information shall be entered in the same detail as required for taxable property.   History. Source: L. 89: Entire article R&RE, p. 1478, § 1, effective April 23; entire section amended, p. 1492, § 8, effective June 7. L. 2013: Entire section amended,(HB 13-1300), ch. 316, p. 1705, § 122, effective August 7. L. 2016: Entire section amended,(SB 16-189), ch. 210, p. 792, § 106, effective June 6.    Editor's note:   This section is similar to former § 39-3-105 as it existed prior to 1989.   ANNOTATION   Annotator's note. Since § 39-3-128 is similar to § 39-3-105 as it existed prior to the 1989 repeal and reenactment of this article, a relevant case construing that provision has been included in the annotations to this section.   When taxpayer may institute declaratory action to test right to exemption. Where property has been exempted by law from taxation and where a municipality attempts to tax that property, the taxpayer may institute a declaratory action to test the right of his property to be exempted from such taxes. City & County of Denver v. Spears Free Clinic Hosp. for Poor Children, 142 Colo. 347 , 350 P.2d 1057 (1960).   Injunction may issue to prevent collection of taxes on exempt property. City & County of Denver v. Spears Free Clinic Hosp. for Poor Children, 142 Colo. 347 , 350 P.2d 1057 (1960).
CO Code § 39-3-129 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-129. Proportional Valuation - Exempt Property

  Except as otherwise provided in subsection (2) of this section, whenever any real property that was previously taxable becomes legally exempt from the levy and collection of property tax or any real property that was previously legally exempt from the levy and collection of property tax becomes taxable, the valuation for assessment of the real property shall be a proportion of the valuation for assessment of the real property for the entire taxable year based upon the ratio of the portion of the taxable year in which the property is taxable to the entire taxable year. In the event the real property is partially leased, loaned, or otherwise made available to and used by a business conducted for profit, the determination as to what portion of the real property is so utilized shall be made by the administrator on the basis of the facts existing on the annual assessment date for the real property. The administrator shall have the authority to determine the actual value of the nonexempt portion of the property in relation to the actual value of the entire property by using the ratio of the square foot area of the property utilized by the business conducted for profit to the total square foot area of the property. Where shown to be more appropriate, in order to determine the relationship between the actual value of the nonexempt portion of the property and the actual value of the total property, the administrator may employ the ratio of the portion as measured in hours of any calendar year in which the property is leased, loaned, or otherwise made available to and used by any business conducted for profit to the entire calendar year.    The provisions of subsection (1) of this section shall not be applicable to household furnishings.     History. Source: L. 89: Entire article R&RE, p. 1478, § 1, effective April 23. L. 96: (1) amended, p. 44, § 2, effective March 20; (1) amended, p. 1200, § 4, effective June 1.    Editor's note:    This section is similar to former § 39-3-106 as it existed prior to 1989.    Amendments to subsection (1) by Senate Bill 96-006 and House Bill 96-1113 were harmonized.     Cross references:   For the legislative declaration contained in the 1996 act amending subsection (1), see section 1 of chapter 16, Session Laws of Colorado 1996.
CO Code § 39-3-131 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-131. Entire Property Becomes Tax-Exempt

 Whenever any property which was previously taxable becomes exempt from the levy and collection of property tax, the treasurer shall accept payment of property taxes levied on such property for the current taxable year. The amount of such property taxes shall be calculated on the basis of the property tax levy on such property in the preceding taxable year and prorated to the date upon which title to such property was conveyed.   History. Source: L. 89: Entire article R&RE, p. 1479, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-108 as it existed prior to 1989.
CO Code § 39-3-132 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-132. Portion of Property Becomes Tax-Exempt

 Whenever only a portion of a parcel, tract, or lot of real property which was previously taxable becomes exempt from the levy and collection of property tax for any reason, the treasurer may, upon the basis of an appraisal and computation of the valuation for assessment of such property by the assessor, either collect the property taxes thereon for the current taxable year, calculated on the basis of the property tax levy on such property during the preceding taxable year and prorated to the date upon which title to such property was conveyed, or, if the treasurer is satisfied that there is sufficient taxable real property remaining to satisfy any lien for the amount of property taxes payable on such portion, he may defer collection of the property taxes until the following taxable year. In the event the prorated taxes on such portion are collected, the owner of the remainder of such real property shall be credited with the full amount of taxes collected when the property tax levy for the current taxable year has been fixed and made and the correct amount of property taxes determined.   History. Source: L. 89: Entire article R&RE, p. 1479, § 1, effective April 23.    Editor's note:   This section is similar to former § 39-3-109 as it existed prior to 1989.   ANNOTATION   Where proportionate part of building exempt, proportionate part of lot exempt. If a certain proportionate part of a building is exempted under an equitable apportionment of its use as to charitable and noncharitable purposes, then a similar equitable apportionment as to charitable and noncharitable uses must be made as to the lot that supports it. Hanagan v. Rocky Ford Knights of Pythias Bldg. Ass'n, 101 Colo. 545 , 75 P.2d 780 (1938) (decided under former law).
CO Code § 39-3-133 (2021)
2021 Colorado Code|Title 39 - Taxation|Article 3 - Exemptions|Part 1 - Property Exempt From Taxation|§ 39-3-133. Payment of Property Taxes Extinguishes Lien

 Payment to the treasurer of prorated property taxes for the current taxable year, as provided for in sections 39-3-131 and 39-3-132 , together with payment of any other unpaid property taxes, delinquent interest, or charges thereon, shall extinguish the lien for property taxes on such property, or a portion thereof; however, if only a portion of any parcel, tract, or lot of real property becomes exempt from the levy and collection of property tax and no property taxes are collected at that time, the lien of property taxes levied or to be levied shall attach to the remaining portion of such real property.   History. Source: L. 89: Entire article R&RE, p. 1479, § 1, effective April 23. L. 92: Entire section amended, p. 2223, § 4, effective April 9.    Editor's note:   This section is similar to former § 39-3-110 as it existed prior to 1989.