§ 39-3.5-111. Time for Payment – Delinquencies
Whenever any of the circumstances listed in section 39-3.5-110 occurs: No further tax deferrals may be claimed on the property until all loans for unpaid taxes, including previously deferred taxes and interest, have been paid. All loans for deferred taxes and accrued interest shall be due and payable ninety days after the circumstance occurs, except […]
§ 39-3.5-112. Election by Spouse to Continue Tax Deferral
Notwithstanding the provisions of section 39-3.5-110, when one of the circumstances listed in section 39-3.5-110 (1)(a) or (1)(c) occurs, the spouse of the taxpayer may elect to continue the property in its tax-deferred status if: The spouse of the taxpayer is or will be sixty years of age or older when the circumstance occurs; and […]
§ 39-3.5-113. Voluntary Repayment of Loans for Deferred Tax
Subject to subsection (2) of this section, all or part of a loan for deferred taxes and accrued interest may, at any time, be paid by the taxpayer, his or her spouse, guardian, conservator, attorney-in-fact, personal representative, next of kin, heir-at-law, or child, or any person having or claiming a legal or equitable interest in […]
§ 39-3.5-115. Limitations on Effect of Article
Nothing in this article is intended to or shall be construed to prevent the collection, by foreclosure or otherwise, of personal property or other taxes which become a lien against tax-deferred property. Source: L. 78: Entire article added, p. 476, § 1, effective February 28, 1979.
§ 39-3.5-119. Release of Information Identifying Individuals Claiming Deferral
Notwithstanding the provisions of part 2 of article 72 of title 24, C.R.S., or any other provision of law to the contrary, county treasurers and the state treasurer shall deny requests from individuals, corporations, or other private entities to inspect or produce the names, addresses, phone numbers, social security numbers, or other information identifying individuals […]
§ 39-3.5-120. Expansion of Deferral Program – Consultation – Repeal
The governor’s office, in consultation with the state treasurer, shall commission a study of the property tax deferral program created in this article 3.5 and make recommendations for possible changes to the program to the general assembly by January 1, 2022. The study shall explore best practices to structure and administer a low-interest loan program […]
§ 39-3.5-107. Repayment of Loans – Release of Liens – Disposition of Payments
On and after the date of payment by the state treasurer to the county treasurer as provided in section 39-3.5-106, the right to receive repayment of a loan for deferred taxes and to enforce the lien created by deferral shall be vested in the state treasurer. If repayment of a loan for deferred taxes is […]
§ 39-3.5-108. Notice to Taxpayer Regarding Duty to Claim Deferral Annually
At the time the treasurer sends the annual real property tax notice to any taxpayer who has claimed a deferral of property taxes in the previous calendar year, he shall enclose a deferral notice. The deferral notice shall be substantially in the following form: To: (name of taxpayer) If you want to defer the collection […]
§ 39-3.5-109. Failure to Receive Notices
Failure to receive the notice provided for in this article is not a defense in any proceeding for the collection of taxes or for the foreclosure of a tax lien. The treasurer is not personally liable for failure to give such notices. Source: L. 78: Entire article added, p. 475, § 1, effective February 28, […]
§ 39-3.5-110. Events Requiring Repayment of Loans – Notice to State Treasurer
All loans for deferred real property taxes, including accrued interest, shall become payable subject to sections 39-3.5-111 and 39-3.5-112 when: The taxpayer who claimed the tax deferral dies; The property on which the taxes were deferred is sold or becomes subject to a contract of sale, or title to the property is transferred to someone […]