Colorado § 39-3.5-105.5 Loan of state money to taxpayers

Colorado Statutes

§ 39-3.5-105.5 — Loan of state money to taxpayers

Colorado § 39-3.5-105.5

Title 39Taxation

Art.Tax Deferral for the Elderly

This text of Colorado § 39-3.5-105.5 (Loan of state money to taxpayers) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 39-3.5-105.5 (2026).

Text

(1)Upon approval by the state treasurer of a taxpayer's application to participate in the property tax deferral program, the state treasurer shall make a loan to the taxpayer in the amount certified as deferred in the taxpayer's certificate of deferral. The loan shall be disbursed to a county treasurer on behalf of the taxpayer pursuant to section 39-3.5-106 and shall be made from the moneys on deposit in the state treasury that are not immediately required to be disbursed.

(2)Interest on a loan for property tax deferral shall accrue at the rate specified in section 39-3.5-105 (5). The interest shall accrue beginning May 1 of the calendar year in which the deferral is claimed until the date on which the loan is repaid.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Upon approval by the
state treasurer of a taxpayer's application to participate in the property tax deferral
program, the state treasurer shall make a loan to the taxpayer in the amount
certified as deferred in the taxpayer's certificate of deferral. The loan shall be
disbursed to a county treasurer on behalf of the taxpayer pursuant to section 39-3.5-106 and shall be made from the moneys on deposit in the state treasury that are
not immediately required to be disbursed.

(2) Interest on a loan for property tax deferral shall accrue at the rate
specified in section 39-3.5-105 (5). The interest shall accrue beginning May 1 of the
calendar year in which the deferral is claimed until the date on which the loan is
repaid.