HB 17-1019

signed

Property Tax Redemption Third Party Costs

Plain-English Summary

AI-generated

HB 17-1019, a Colorado bill that has been signed into law, changes how property tax redemption works when taxes are overdue. Currently, if someone wants to redeem their property after the taxes have become delinquent, they must pay back any fees paid to third parties for using computer software related to processing the redemption. This affects homeowners and businesses who need to redeem properties with overdue taxes. Since the bill has been signed, it is now law and impacts anyone dealing with property tax redemptions in Colorado.

Official Summary

When property taxes are delinquent, a county treasurer issues a tax certificate, which is a lien on the property. The property can be redeemed upon paying the delinquent taxes, interest, and specified publication, abstract, and search fees. The bill now requires the repayment of any amounts paid to 3rd parties for computer software costs incurred in connection with processing the redemption. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Details

Chamber: House
First action: 2017-03-08
Latest action: 2017-01-11
Last action desc.: Introduced In House - Assigned to Finance
OpenStates: View source ↗

Votes

Adopt conceptual amendment to replace Section 2 of the reengrossed bill with a safety clause and strike "January 1, 2018" on line 5 of page 3 and replace with "July 1, 2017". The motion passed without objection.

2017-02-09 · House · pass — Yes: 0 · No: 0 · Other: —

Refer House Bill 17-1019, as amended, to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 5-0.

2017-02-09 · House · pass — Yes: 5 · No: 0 · Other: —

Refer House Bill 17-1019 to the Committee of the Whole. The motion passed on a vote of 13-0.

2017-02-09 · House · pass — Yes: 13 · No: 0 · Other: —