Colorado Legislative Council Staff
NO FISCAL IMPACT
January 24, 1998
House Local Government
Harry Zeid (866-4753)
TITLE: CONCERNING THE APPORTIONMENT BY A COUNTY ASSESSOR OF THE VALUE OF A MOBILE HOME THAT IS MOVED AFTER THE ASSESSMENT DATE FOR PROPERTY TAX PURPOSES.
Summary of Assessment
Under current law, the county assessor lists and apportions the value of a mobile home when the mobile home is moved into or out of the county. This bill would require that for property tax years commencing on or after January 1, 1999, a mobile home that is moved into a county after the assessment date shall be valued as of the next January 1 assessment date. Conversely, when a mobile home is removed from a county, all of the property taxes for the current property tax year shall become due and payable without proration. While the bill would delay putting a mobile home that is entering the county onto the property tax rolls until the following January 1 assessment date, the owner of a mobile home that leaves the county would be responsible for the property taxes for the entire tax year, regardless of the date that the mobile home is removed from the county. On balance, it is assumed that the net effect on property tax collections will be negligible. The bill may also reduce the paperwork workload of county assessors.
The bill will become effective at 12:01 a.m. on the day following the ninety-day period after adjournment sine die of the General Assembly, or on the date of the official declaration of the vote of the people as proclaimed by the Governor, if a referendum petition is filed pursuant to Article V, Section 1 (3) of the State Constitution.