Colorado Constitution

Article XXVII, § 10 — Payment in lieu of taxes

Colorado Const. art. XXVII, § 10

Colorado Const. art. XXVII, § 10 (Payment in lieu of taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionColoradoDocumentConstitution
ArticleXXVII
Section§ 10
CitationColorado Const. art. XXVII, § 10
Bluebook
Colo. Const. art. XXVII, § 10.

Full Text

Any acquisitions of real property made by a state agency pursuant to this article shall be subject to payments in lieu of taxes to counties in which said acquisitions are made. Such payments shall be made from moneys made available by the Trust Fund, and shall not exceed the rate of taxation for comparable property classifications.

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History

Initiated 92: Entire article added, effective upon proclamation of the Governor, L. 93, p. 2175, January 14, 1993.