NOTE:  This bill has been prepared for the signatures of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
      history, or the Session Laws.
      
      
      HOUSE BILL 14-1101
      
      
      BY REPRESENTATIVE(S) Tyler, Becker, Buckner, Fields, Fischer,
      Ginal, Hamner, Hullinghorst, Kraft-Tharp, Lebsock, Lee, Melton,
      Mitsch Bush, Pabon, Pettersen, Primavera, Rosenthal, Salazar, Schafer,
      Williams, Young;
      also SENATOR(S) Schwartz, Aguilar, Guzman, Heath, Herpin, Johnston,
      Jones, Kefalas, Kerr, Newell, Nicholson, Todd, Ulibarri.
      
      
      Concerning a partial business personal property tax exemption
           for community solar gardens.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, add 39-3-118.7 as
      follows:
      
           39-3-118.7.  Community solar garden - partial business personal
      property tax exemption - definitions. (1)  As used in this section,
      unless the context otherwise requires:
      
           (a)  "Community solar garden" has the same meaning as set
      forth in section 40-2-127 (2) (b) (I) (A), C.R.S.
      
           (b)  "Subscriber" has the same meaning as set forth in
      section 40-2-127 (2) (b) (II), C.R.S.
      
           (2)  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.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      6, 2014, if adjournment sine die is on May 7, 2014); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2014
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                        Morgan Carroll
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO