Colorado 2024 Regular Session

Colorado Senate Bill SB111 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-fourth General Assembly
	3	+	STATE OF COLORADO
	4	+	REVISED
	5	+	This Version Includes All Amendments Adopted
	6	+	on Second Reading in the Second House
	7	+	LLS NO. 24-0674.02 Jason Gelender x4330
1	8		SENATE BILL 24-111
2		-	BY SENATOR(S) Kolker and Hansen, Bridges, Buckner, Coleman, Cutter,
3		-	Exum, Fields, Ginal, Gonzales, Hinrichsen, Jaquez Lewis, Marchman,
4		-	Michaelson Jenet, Mullica, Priola, Roberts, Sullivan, Winter F., Zenzinger,
5		-	Fenberg;
6		-	also REPRESENTATIVE(S) Lieder and Young, Bacon, Bird, Boesenecker,
7		-	Brown, Clifford, Daugherty, deGruy Kennedy, Duran, English, Epps,
8		-	Frizell, Froelich, Hamrick, Hernandez, Jodeh, Joseph, Kipp, Lindsay,
9		-	Lindstedt, Lukens, Lynch, Marshall, Marvin, Mauro, McLachlan, Parenti,
10		-	Ricks, Sirota, Snyder, Story, Titone, Valdez, Velasco, Vigil, Weinberg,
11		-	Weissman, Willford, Woodrow, McCluskie.
	9	+	Senate Committees House Committees
	10	+	Finance Finance
	11	+	Appropriations Appropriations
	12	+	A BILL FOR AN ACT
12	13		C
13		-	ONCERNING A REDUCTION IN THE VALUATION FOR ASSESSMENT OF
14		-	QUALIFIED
15		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY .
16		-
17		-	Be it enacted by the General Assembly of the State of Colorado:
18		-	SECTION 1. In Colorado Revised Statutes, 25-2-103, add (4.7) as
19		-	follows:
20		-	25-2-103. Centralized registration system for all vital statistics
21		-	- office of the state registrar of vital statistics created - appointment of
22		-	registrar - rules. (4.7) N
23		-	OTWITHSTANDING ANY OTHER PROVISION OF LAW
24		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
25		-	officers and the Governor. To determine whether the Governor has signed the bill
26		-	or taken other action on it, please consult the legislative status sheet, the legislative
27		-	history, or the Session Laws.
28		-	________
29		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
30		-	through words or numbers indicate deletions from existing law and such material is not part of
31		-	the act. THAT LIMITS THE SHARING OF VITAL STATISTICS, AFTER RECEIVING THE LIST
32		-	OF NAMES AND SOCIAL SECURITY NUMBERS OF INDIVIDUALS WHO HAD
33		-	PROPERTY CLASSIFIED AS QUALIFIED
34		-	-SENIOR PRIMARY RESIDENCE REAL
35		-	PROPERTY THAT IS PROVIDED BY THE PROPERTY TAX ADMINISTRATOR
36		-	PURSUANT TO SECTION
37		-	39-1-104.6 (5)(c), THE STATE REGISTRAR SHALL
38		-	IDENTIFY ALL INDIVIDUALS ON THE LIST WHO HAVE DIED AND TRANSMIT A
39		-	LIST OF THE NAMES AND SOCIAL SECURITY NUMBERS OF SUCH INDIVIDUALS
40		-	TO THE ADMINISTRATOR
41		-	.
42		-	SECTION 2. In Session Laws of Colorado 2023, First
43		-	Extraordinary Session, 39-1-104.2, Colorado Revised Statutes, amend
44		-	(3)(q) introductory portion and (3)(r) introductory portion, as amended by
45		-	section 1 of chapter 1, as follows:
46		-	39-1-104.2. Residential real property - valuation for assessment
47		-	- legislative declaration - definitions. (3) (q) E
48		-	XCEPT AS OTHERWISE
49		-	PROVIDED IN SUBSECTION
50		-	(3)(s) OF THIS SECTION, the valuation for
51		-	assessment for multi-family residential real property is 7.15 percent of the
52		-	actual value of the property for property tax years commencing on or after
53		-	January 1, 2019; except that the valuation for assessment of this property is
54		-	temporarily reduced as follows:
	14	+	ONCERNING A REDUCTION IN THE VALUATION FOR ASSESSMENT OF101
	15	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY .102
	16	+	Bill Summary
	17	+	(Note: This summary applies to this bill as introduced and does
	18	+	not reflect any amendments that may be subsequently adopted. If this bill
	19	+	passes third reading in the house of introduction, a bill summary that
	20	+	applies to the reengrossed version of this bill will be available at
	21	+	http://leg.colorado.gov
	22	+	.)
	23	+	For property tax years commencing on or after January 1, 2025, the
	24	+	bill creates a new subclass of residential real property called
	25	+	qualified-senior primary residence real property, which includes
	26	+	residential real property that as of the assessment date is used as the
	27	+	primary residence of an owner-occupier, as defined in the bill, if:
	28	+	! The owner-occupier applies to the county assessor for the
	29	+	HOUSE
	30	+	Amended 2nd Reading
	31	+	May 7, 2024
	32	+	SENATE
	33	+	3rd Reading Unamended
	34	+	March 20, 2024
	35	+	SENATE
	36	+	Amended 2nd Reading
	37	+	March 19, 2024
	38	+	SENATE SPONSORSHIP
	39	+	Kolker and Hansen, Bridges, Buckner, Coleman, Cutter, Exum, Fenberg, Fields, Ginal,
	40	+	Gonzales, Hinrichsen, Jaquez Lewis, Marchman, Michaelson Jenet, Mullica, Priola, Roberts,
	41	+	Sullivan, Winter F., Zenzinger
	42	+	HOUSE SPONSORSHIP
	43	+	Lieder and Young,
	44	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	45	+	Capital letters or bold & italic numbers indicate new material to be added to existing law.
	46	+	Dashes through the words or numbers indicate deletions from existing law. classification in the manner required by the bill;
	47	+	! The owner-occupier previously qualified for the property
	48	+	tax exemption for qualifying seniors (exemption) for a
	49	+	different property for a property tax year commencing on
	50	+	or after January 1, 2016, and does not qualify for the
	51	+	exemption for the current property tax year; and
	52	+	! The circumstances that qualify the property for the
	53	+	classification have not changed since the filing of the
	54	+	application.
	55	+	The bill also:
	56	+	! Classifies property that might otherwise be classified as
	57	+	multi-family residential real property that contains a unit
	58	+	that qualifies as qualified-senior primary residence real
	59	+	property as multi-family qualified-senior primary residence
	60	+	real property and treats such property as qualified-senior
	61	+	primary residence real property;
	62	+	! Sets the valuation for assessment for qualified-senior
	63	+	primary residence real property at 7.15% of the amount
	64	+	equal to the actual value of the property minus the lesser of
	65	+	$100,000 or the amount that causes the valuation for
	66	+	assessment of the property to be $1,000;
	67	+	! Establishes the processes by which an owner-occupier of
	68	+	residential real property may apply to have the
	69	+	owner-occupier's primary residence classified as
	70	+	qualified-senior primary residence real property and by
	71	+	which such an application is approved or denied;
	72	+	! Requires the state to reimburse local governmental entities
	73	+	that levy property taxes for total property tax revenue lost
	74	+	due solely to the reduced valuation for assessment of
	75	+	qualified-senior primary residence real property as
	76	+	compared to the valuation for assessment of other
	77	+	residential real property and specifies the process by which
	78	+	the proper amount of reimbursement is calculated and
	79	+	reimbursement is made; and
	80	+	! For state fiscal years in which excess state revenues are
	81	+	required to be refunded pursuant to the Taxpayer's Bill of
	82	+	Rights, establishes the reimbursement to local
	83	+	governmental entities as a means of refunding such excess
	84	+	state revenues.
	85	+	Be it enacted by the General Assembly of the State of Colorado:1
	86	+	SECTION 1. In Colorado Revised Statutes, 25-2-103, add (4.7)2
	87	+	111-2- as follows:1
	88	+	25-2-103. Centralized registration system for all vital statistics2
	89	+	- office of the state registrar of vital statistics created - appointment3
	90	+	of registrar - rules. (4.7) N
	91	+	OTWITHSTANDING ANY OTHER PROVISION OF4
	92	+	LAW THAT LIMITS THE SHARING OF VITAL STATISTICS , AFTER RECEIVING5
	93	+	THE LIST OF NAMES AND SOCIAL SECURITY NUMBERS OF INDIVIDUALS WHO6
	94	+	HAD PROPERTY CLASSIFIED AS QUALIFIED -SENIOR PRIMARY RESIDENCE7
	95	+	REAL PROPERTY THAT IS PROVIDED BY THE PROPERTY TAX8
	96	+	ADMINISTRATOR PURSUANT TO SECTION 39-1-104.6 (5)(c), THE STATE9
	97	+	REGISTRAR SHALL IDENTIFY ALL INDIVIDUALS ON THE LIST WHO HAVE DIED10
	98	+	AND TRANSMIT A LIST OF THE NAMES AND SOCIAL SECURITY NUMBERS OF11
	99	+	SUCH INDIVIDUALS TO THE ADMINISTRATOR .12
	100	+	SECTION 2. In Session Laws of Colorado 2023, First13
	101	+	Extraordinary Session, 39-1-104.2, Colorado Revised Statutes, amend14
	102	+	(3)(q) introductory portion and (3)(r) introductory portion, as amended by15
	103	+	section 1 of chapter 1, as follows:16
	104	+	39-1-104.2. Residential real property - valuation for17
	105	+	assessment - legislative declaration - definitions. (3) (q) E
	106	+	XCEPT AS18
	107	+	OTHERWISE PROVIDED IN SUBSECTION (3)(s) OF THIS SECTION, the19
	108	+	valuation for assessment for multi-family residential real property is 7.1520
	109	+	percent of the actual value of the property for property tax years21
	110	+	commencing on or after January 1, 2019; except that the valuation for22
	111	+	assessment of this property is temporarily reduced as follows:23
55	112		(r) E
56		-	XCEPT AS OTHERWISE PROVIDED IN SUBSECTION (3)(s) OF ~~THIS~~
57		-	SECTION
58		-	~~, the valuation for assessment for all~~ residential real property ~~other~~
59		-	~~than multi-family residential real property is 7.15 percent~~ of the ~~actual value~~
60		-	~~of the property; except that the valuation for assessment of this property is~~
61		-	temporarily reduced as follows:
62		-	SECTION 3. In Colorado Revised Statutes, 39-1-104.2, ~~add~~
63		-	(1)(a.5) and (3)(s) as follows:
64		-	39-1-104.2. Residential real property - valuation ~~for assessment~~
65		-	- legislative declaration - definitions. (1) As used in ~~this section, unless~~
66		-	the context otherwise requires:
	113	+	XCEPT AS OTHERWISE PROVIDED IN SUBSECTION (3)(s) OF THIS24
	114	+	SECTION, the valuation for assessment for all residential real property25
	115	+	other than multi-family residential real property is 7.15 percent of the26
	116	+	actual value of the property; except that the valuation for assessment of27
	117	+	111
	118	+	-3- this property is temporarily reduced as follows:1
	119	+	SECTION 3. In Colorado Revised Statutes, 39-1-104.2, add2
	120	+	(1)(a.5) and (3)(s) as follows:3
	121	+	39-1-104.2. Residential real property - valuation for4
	122	+	assessment - legislative declaration - definitions. (1) As used in this5
	123	+	section, unless the context otherwise requires:6
67	124		(a.5) "Q
68		-	UALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY "
69		-	MEANS PROPERTY THAT IS CLASSIFIED AS SUCH UNDER SECTION 39-1-104.6.
	125	+	UALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY "7
	126	+	MEANS PROPERTY THAT IS CLASSIFIED AS SUCH UNDER SECTION8
	127	+	39-1-104.6.9
70	128		(3) (s) F
71		-	OR PROPERTY TAX YEARS COMMENCING ON OR ~~AFTER~~
72		-	~~JANUARY 1, 2025, BUT BEFORE JANUARY 1, 2027, THE VALUATION FOR~~
73		-	~~PAGE 2-SENATE~~ ~~BILL 24-111 ASSESSMENT FOR QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY ,~~
74		-	~~INCLUDING MULTI-FAMILY~~ ~~QUALIFIED-SENIOR PRIMARY RESIDENCE REAL~~
75		-	PROPERTY
76		-	~~, IS 7.15 PERCENT OF THE AMOUNT EQUAL TO THE ACTUAL VALUE~~
77		-	~~OF THE PROPERTY MINUS THE LESSER OF FIFTY~~ PERCENT OF THE ~~FIRST TWO~~
78		-	~~HUNDRED THOUSAND DOLLARS~~ OF ~~THAT ACTUAL VALUE OR~~ THE ~~AMOUNT~~
79		-	~~THAT CAUSES THE VALUATION FOR ASSESSMENT~~ OF ~~THE PROPERTY TO BE~~
80		-	~~ONE THOUSAND DOLLARS~~
81		-	.
82		-	SECTION 4. In Colorado Revised Statutes, add 39-1-104.6 as
83		-	follows:
84		-	39-1-104.6. Qualified-senior primary residence real ~~property -~~
85		-	valuation for assessment - reimbursement to local governments ~~for~~
86		-	reduced valuation - temporary mechanism for refunding excess ~~state~~
	129	+	OR PROPERTY TAX YEARS COMMENCING ON OR AFTER10
	130	+	J
	131	+	ANUARY 1, 2025,
	132	+	BUT BEFORE JANUARY 1, 2027, THE VALUATION FOR11
	133	+	ASSESSMENT FOR QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY ,12
	134	+	INCLUDING MULTI-FAMILY QUALIFIED-SENIOR PRIMARY RESIDENCE REAL13
	135	+	PROPERTY, IS 7.15 PERCENT OF THE AMOUNT EQUAL TO THE ACTUAL14
	136	+	VALUE OF THE PROPERTY MINUS THE LESSER OF FIFTY PERCENT OF THE 15
	137	+	FIRST TWO HUNDRED THOUSAND DOLLARS OF THAT ACTUAL VALUE OR THE16
	138	+	AMOUNT THAT CAUSES THE VALUATION FOR ASSESSMENT OF THE17
	139	+	PROPERTY TO BE ONE THOUSAND DOLLARS .18
	140	+	SECTION 4. In Colorado Revised Statutes, add 39-1-104.6 as19
	141	+	follows:20
	142	+	39-1-104.6. Qualified-senior primary residence real property21
	143	+	- valuation for assessment - reimbursement to local governments for22
	144	+	reduced valuation - temporary mechanism for refunding excess state23
87	145		revenues - legislative declaration - definitions. (1) Definitions. A
88		-	S USED
89		-	IN THIS SECTION
90		-	, UNLESS THE CONTEXT OTHERWISE REQUIRES :
	146	+	S24
	147	+	USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE REQUIRES :25
91	148		(a) "L
92		-	OCAL GOVERNMENTAL ENTITY " MEANS A ~~GOVERNMENTAL~~
93		-	ENTITY AUTHORIZED BY LAW TO IMPOSE AD VALOREM TAXES ON ~~TAXABLE~~
94		-	~~PROPERTY LOCATED WITHIN ITS TERRITORIAL LIMITS~~
95		-	.
	149	+	OCAL GOVERNMENTAL ENTITY " MEANS A GOVERNMENTAL26
	150	+	ENTITY AUTHORIZED BY LAW TO IMPOSE AD VALOREM TAXES ON TAXABLE27
	151	+	111
	152	+	-4- PROPERTY LOCATED WITHIN ITS TERRITORIAL LIMITS .1
96	153		(b) (I) "O
97		-	WNER-OCCUPIER" MEANS AN INDIVIDUAL WHO:
	154	+	WNER-OCCUPIER" MEANS AN INDIVIDUAL WHO:2
98	155		(A) I
99		-	S AN OWNER OF RECORD OF RESIDENTIAL REAL ~~PROPERTY THAT~~
100		-	THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL
101		-	~~'S PRIMARY~~ RESIDENCE;
	156	+	S AN OWNER OF RECORD OF RESIDENTIAL REAL PROPERTY3
	157	+	THAT THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL 'S PRIMARY4
	158	+	RESIDENCE;5
102	159		(B) I
103		-	S NOT AN OWNER OF RECORD OF THE RESIDENTIAL REAL
104		-	PROPERTY THAT THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL
105		-	'S PRIMARY
106		-	RESIDENCE
107		-	, BUT EITHER IS A SPOUSE OR CIVIL UNION PARTNER OF AN OWNER
108		-	OF RECORD OF THE RESIDENTIAL REAL PROPERTY AND WHO ALSO OCCUPIES
109		-	THE RESIDENTIAL REAL PROPERTY AS THE OWNER OF RECORD
110		-	'S PRIMARY
111		-	RESIDENCE
112		-	, OR IS THE SURVIVING SPOUSE OR PARTNER OF AN INDIVIDUAL
113		-	WHO WAS AN OWNER OF RECORD OF THE RESIDENTIAL REAL PROPERTY AND
114		-	WHO OCCUPIED THE RESIDENTIAL REAL PROPERTY WITH THE SURVIVING
115		-	SPOUSE OR PARTNER AS THEIR PRIMARY RESIDENCE UNTIL THE OWNER OF
116		-	RECORD
117		-	'S DEATH;
	160	+	S NOT AN OWNER OF RECORD OF THE RESIDENTIAL REAL6
	161	+	PROPERTY THAT THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL 'S PRIMARY7
	162	+	RESIDENCE, BUT EITHER IS A SPOUSE OR CIVIL UNION PARTNER OF AN8
	163	+	OWNER OF RECORD OF THE RESIDENTIAL REAL PROPERTY AND WHO ALSO9
	164	+	OCCUPIES THE RESIDENTIAL REAL PROPERTY AS THE OWNER OF RECORD 'S10
	165	+	PRIMARY RESIDENCE, OR IS THE SURVIVING SPOUSE OR PARTNER OF AN11
	166	+	INDIVIDUAL WHO WAS AN OWNER OF RECORD OF THE RESIDENTIAL REAL12
	167	+	PROPERTY AND WHO OCCUPIED THE RESIDENTIAL REAL PROPERTY WITH13
	168	+	THE SURVIVING SPOUSE OR PARTNER AS THEIR PRIMARY RESIDENCE UNTIL14
	169	+	THE OWNER OF RECORD'S DEATH;15
118	170		(C) I
119		-	S NOT AN OWNER OF RECORD OF THE RESIDENTIAL REAL
120		-	PROPERTY THAT THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL
121		-	'S PRIMARY
122		-	RESIDENCE
123		-	, ONLY BECAUSE THE PROPERTY HAS BEEN PURCHASED BY OR
124		-	PAGE 3-SENATE BILL 24-111 TRANSFERRED TO A TRUST , A CORPORATE PARTNERSHIP , OR ANY OTHER
125		-	LEGAL ENTITY SOLELY FOR ESTATE PLANNING PURPOSES AND IS THE MAKER
126		-	OF THE TRUST OR A PRINCIPAL OF THE CORPORATE PARTNERSHIP OR OTHER
127		-	LEGAL ENTITY
128		-	;
	171	+	S NOT AN OWNER OF RECORD OF THE RESIDENTIAL REAL16
	172	+	PROPERTY THAT THE INDIVIDUAL OCCUPIES AS THE INDIVI DUAL 'S PRIMARY17
	173	+	RESIDENCE, ONLY BECAUSE THE PROPERTY HAS BEEN PURCHASED BY OR18
	174	+	TRANSFERRED TO A TRUST, A CORPORATE PARTNERSHIP, OR ANY OTHER19
	175	+	LEGAL ENTITY SOLELY FOR ESTATE PLANNING PURPOSES AND IS THE20
	176	+	MAKER OF THE TRUST OR A PRINCIPAL OF THE CORPORATE PARTNERSHIP OR21
	177	+	OTHER LEGAL ENTITY;22
129	178		(D) O
130		-	CCUPIES RESIDENTIAL REAL PROPERTY AS THE INDIVIDUAL 'S
131		-	PRIMARY RESIDENCE AND IS THE SPOUSE OR CIVIL UNION PARTNER OF A
132		-	PERSON WHO ALSO OCCUPIES THE RESIDENTIAL REAL PROPERTY
133		-	, WHO IS NOT
134		-	THE OWNER OF RECORD OF THE PROPERTY ONLY BECAUSE THE PROPERTY
135		-	HAS BEEN PURCHASED BY OR TRANSFERRED TO A TRUST
136		-	, A CORPORATE
137		-	PARTNERSHIP
138		-	, OR ANY OTHER LEGAL ENTITY SOLELY FOR ESTATE PLANNING
139		-	PURPOSES
140		-	, AND WHO IS THE MAKER OF THE TRUST OR A PRINCIPAL OF THE
141		-	CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY
142		-	; OR
143		-	(E) OCCUPIES RESIDENTIAL REAL PROPERTY AS THE INDIVIDUAL 'S
144		-	PRIMARY RESIDENCE AND IS THE SURVIVING SPOUSE OR PARTNER OF A
145		-	PERSON WHO OCCUPIED THE RESIDENTIAL REAL PROPERTY WITH THE
146		-	SURVIVING SPOUSE OR PARTNER UNTIL THE PERSON
147		-	'S DEATH, WHO WAS NOT
148		-	THE OWNER OF RECORD OF THE PROPERTY AT THE TIME OF THE PERSON
149		-	'S
150		-	DEATH ONLY BECAUSE THE PROPERTY HAD BEEN PURCHASED BY OR
151		-	TRANSFERRED TO A TRUST
152		-	, A CORPORATE PARTNERSHIP , OR ANY OTHER
153		-	LEGAL ENTITY SOLELY FOR ESTATE PLANNING PURPOSES PRIOR TO THE
154		-	PERSON
155		-	'S DEATH, AND WHO WAS THE MAKER OF THE TRUST OR A PRINCIPAL
156		-	OF THE CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY PRIOR TO THE
157		-	PERSON
158		-	'S DEATH.
	179	+	CCUPIES RESIDENTIAL REAL PROPERTY AS THE INDIVIDUAL 'S23
	180	+	PRIMARY RESIDENCE AND IS THE SPOUSE OR CIVIL UNION PARTNER OF A24
	181	+	PERSON WHO ALSO OCCUPIES THE RESIDENTIAL REAL PROPERTY , WHO IS25
	182	+	NOT THE OWNER OF RECORD OF THE PROPERTY ONLY BECAUSE THE26
	183	+	PROPERTY HAS BEEN PURCHASED BY OR TRANSFERRED TO A TRUST , A27
	184	+	111
	185	+	-5- CORPORATE PARTNERSHIP , OR ANY OTHER LEGAL ENTITY SOLELY FOR1
	186	+	ESTATE PLANNING PURPOSES, AND WHO IS THE MAKER OF THE TRUST OR A2
	187	+	PRINCIPAL OF THE CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY ; OR3
	188	+	(E) O
	189	+	CCUPIES RESIDENTIAL REAL PROPERTY AS THE INDIVIDUAL 'S4
	190	+	PRIMARY RESIDENCE AND IS THE SURVIVING SPOUSE OR PARTNER OF A5
	191	+	PERSON WHO OCCUPIED THE RESIDENTIAL REAL PROPERTY WITH THE6
	192	+	SURVIVING SPOUSE OR PARTNER UNTIL THE PERSON 'S DEATH, WHO WAS7
	193	+	NOT THE OWNER OF RECORD OF THE PROPERTY AT THE TIME OF THE8
	194	+	PERSON'S DEATH ONLY BECAUSE THE PROPERTY HAD BEEN PURCHASED BY9
	195	+	OR TRANSFERRED TO A TRUST, A CORPORATE PARTNERSHIP, OR ANY OTHER10
	196	+	LEGAL ENTITY SOLELY FOR ESTATE PLANNING PURPOSES PRIOR TO THE11
	197	+	PERSON'S DEATH, AND WHO WAS THE MAKER OF THE TRUST OR A PRINCIPAL12
	198	+	OF THE CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY PRIOR TO THE13
	199	+	PERSON'S DEATH.14
159	200		(II) "O
160		-	WNER-OCCUPIER" ALSO INCLUDES ANY INDIVIDUAL WHO, BUT
161		-	FOR THE CONFINEMENT OF THE INDIVIDUAL TO A HOSPITAL
162		-	, NURSING HOME,
163		-	OR ASSISTED LIVING FACILITY, WOULD OCCUPY THE RESIDENTIAL REAL
164		-	PROPERTY AS THE INDIVIDUAL
165		-	'S PRIMARY RESIDENCE AND WOULD M EET ONE
166		-	OR MORE OF THE OWNERSHIP CRITERIA SPECIFIED IN SUBSECTION
167		-	(1)(b)(I) OF
168		-	THIS SECTION
169		-	, IF THE RESIDENTIAL REAL PROPERTY:
	201	+	WNER-OCCUPIER" ALSO INCLUDES ANY INDIVIDUAL WHO ,15
	202	+	BUT FOR THE CONFINEMENT OF THE INDIVIDUAL TO A HOSPITAL , NURSING16
	203	+	HOME, OR ASSISTED LIVING FACILITY, WOULD OCCUPY THE RESIDENTIAL17
	204	+	REAL PROPERTY AS THE INDIVIDUAL 'S PRIMARY RESIDENCE AND WOULD18
	205	+	MEET ONE OR MORE OF THE OWNERSHIP CRITERIA SPECIFIED IN19
	206	+	SUBSECTION (1)(b)(I) OF THIS SECTION, IF THE RESIDENTIAL REAL20
	207	+	PROPERTY:21
170	208		(A) I
171		-	S TEMPORARILY UNOCCUPIED ; OR
172		-	(B) ~~IS OCCUPIED BY THE SPOUSE , CIVIL UNION PARTNER, OR A~~
173		-	~~FINANCIAL DEPENDENT OF~~ THE ~~INDIVIDUAL~~
174		-	.
	209	+	S TEMPORARILY UNOCCUPIED ; OR22
	210	+	(B) I
	211	+	S OCCUPIED BY THE SPOUSE, CIVIL UNION PARTNER, OR A23
	212	+	FINANCIAL DEPENDENT OF THE INDIVIDUAL .24
175	213		(c) "O
176		-	WNER OF RECORD" MEANS AN INDIVIDUAL WHOSE NAME
177		-	APPEARS ON A VALID RECORDED DEED TO RESIDENTIAL REAL PROPERTY AS
178		-	PAGE 4-SENATE BILL 24-111 AN OWNER OF THE PROPERTY.
179		-	(d) "S
180		-	ENIOR HOMESTEAD EXEMPTION " MEANS THE PROPERTY TAX
181		-	EXEMPTION FOR QUALIFYING SENIORS ALLOWED BY SECTION
182		-	39-3-203 (1).
	214	+	WNER OF RECORD" MEANS AN INDIVIDUAL WHOSE NAME25
	215	+	APPEARS ON A VALID RECORDED DEED TO RESIDENTIAL REAL PROPERTY AS26
	216	+	AN OWNER OF THE PROPERTY.27
	217	+	111
	218	+	-6- (d) "SENIOR HOMESTEAD EXEMPTION " MEANS THE PROPERTY TAX1
	219	+	EXEMPTION FOR QUALIFYING SENIORS ALLOWED BY SECTION 39-3-203 (1).2
183	220		(e) "S
184		-	URVIVING SPOUSE OR PARTNER" MEANS AN INDIVIDUAL WHO
185		-	WAS LEGALLY MARRIED TO ANOTHER INDIVIDUAL
186		-	, OR WAS A PARTNER IN A
187		-	CIVIL UNION WITH ANOTHER INDIVIDUAL
188		-	, AT THE TIME OF THE OTHER
189		-	INDIVIDUAL
190		-	'S DEATH AND WHO HAS NOT REMARRIED OR ENTERED INTO
191		-	ANOTHER CIVIL UNION
192		-	.
	221	+	URVIVING SPOUSE OR PARTNER" MEANS AN INDIVIDUAL WHO3
	222	+	WAS LEGALLY MARRIED TO ANOTHER INDIVIDUAL , OR WAS A PARTNER IN4
	223	+	A CIVIL UNION WITH ANOTHER INDIVIDUAL , AT THE TIME OF THE OTHER5
	224	+	INDIVIDUAL'S DEATH AND WHO HAS NOT REMARRIED OR ENTERED INTO6
	225	+	ANOTHER CIVIL UNION.7
193	226		(f) "T
194		-	OTAL PROPERTY TAX REVENUE LOST " MEANS THE AMOUNT OF
195		-	PROPERTY TAX REVENUE LOST FOR A PROPERTY TAX YEAR BY A LOCAL
196		-	GOVERNMENTAL ENTITY DUE SOLELY TO THE REDUCED VALUATION FOR
197		-	ASSESSMENT OF QUALIFIED
198		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY ,
199		-	INCLUDING MULTI-FAMILY QUALIFIED-SENIOR PRIMARY RESIDENCE REAL
200		-	PROPERTY UNDER SECTION
201		-	39-2-104.2 (3)(s), AS COMPARED TO THE
202		-	VALUATION FOR ASSESSMENT OF RESIDENTIAL REAL PROPERTY
203		-	, INCLUDING
204		-	MULTI
205		-	-FAMILY RESIDENTIAL REAL PROPERTY UNDER THIS SECTION , AS
206		-	CALCULATED BY EACH ASSESSOR
207		-	, SUBJECT TO CORRECTION BY THE
208		-	ADMINISTRATOR
209		-	, PURSUANT TO SUBSECTION (9) OF THIS SECTION.
	227	+	OTAL PROPERTY TAX REVENUE LOST " MEANS THE AMOUNT8
	228	+	OF PROPERTY TAX REVENUE LOST FOR A PROPERTY TAX YEAR BY A LOCAL9
	229	+	GOVERNMENTAL ENTITY DUE SOLELY TO THE REDUCED VALUATION FOR10
	230	+	ASSESSMENT OF QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY ,11
	231	+	INCLUDING MULTI-FAMILY QUALIFIED-SENIOR PRIMARY RESIDENCE REAL12
	232	+	PROPERTY UNDER SECTION 39-2-104.2 (3)(s), AS COMPARED TO THE13
	233	+	VALUATION FOR ASSESSMENT OF RESIDENTIAL REAL PROPERTY , INCLUDING14
	234	+	MULTI-FAMILY RESIDENTIAL REAL PROPERTY UNDER THIS SECTION , AS15
	235	+	CALCULATED BY EACH ASSESSOR , SUBJECT TO CORRECTION BY THE16
	236	+	ADMINISTRATOR, PURSUANT TO SUBSECTION (9) OF THIS SECTION.17
210	237		(2) Classification. (a) F
211		-	OR PROPERTY TAX YEARS COMMENCING ON
212		-	OR AFTER
213		-	JANUARY 1, 2025, RESIDENTIAL REAL PROPERTY THAT AS OF THE
214		-	ASSESSMENT DATE IS USED AS THE PRIMARY RESIDENCE OF AN
215		-	OWNER
216		-	-OCCUPIER IS CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE
217		-	REAL PROPERTY
218		-	, WHICH IS A SUBCLASS OF RESIDENTIAL REAL PROPERTY , IF:
	238	+	OR PROPERTY TAX YEARS COMMENCING18
	239	+	ON OR AFTER JANUARY 1, 2025, RESIDENTIAL REAL PROPERTY THAT AS OF19
	240	+	THE ASSESSMENT DATE IS USED AS THE PRIMARY RESIDENCE OF AN20
	241	+	OWNER-OCCUPIER IS CLASSIFIED AS QUALIFIED -SENIOR PRIMARY21
	242	+	RESIDENCE REAL PROPERTY, WHICH IS A SUBCLASS OF RESIDENTIAL REAL22
	243	+	PROPERTY, IF:23
219	244		(I) T
220		-	HE OWNER-OCCUPIER COMPLETES AND FILES AN APPLICATION IN
221		-	THE MANNER REQUIRED BY SUBSECTION
222		-	(3) OF THIS SECTION;
	245	+	HE OWNER-OCCUPIER COMPLETES AND FILES AN APPLICATION24
	246	+	IN THE MANNER REQUIRED BY SUBSECTION (3) OF THIS SECTION;25
223	247		(II) T
224	248		HE OWNER-OCCUPIER PREVIOUSLY QUALIFIED FOR AND
225		-	RECEIVED THE SENIOR HOMESTEAD EXEMPTION FOR A DIFFERENT PROPERTY
226		-	FOR A PROPERTY TAX YEAR COMMENCING ON OR AFTER
227		-	JANUARY 1, 2020,
228		-	AND DOES NOT QUALIFY FOR THE SENIOR HOMESTEAD EXEMPTION FOR THE
229		-	CURRENT PROPERTY TAX YEAR
230		-	; AND
231		-	(III) THE CIRCUMSTANCES THAT QUALIFY THE PROPERTY FOR THE
232		-	CLASSIFICATION HAVE NOT CHANGED SINCE THE FILING OF THE APPLICATION
233		-	.
234		-	PAGE 5-SENATE BILL 24-111 (b) UNDER NO CIRCUMSTANCES IS THE CLASSIFICATION AS
235		-	QUALIFIED
236		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY ALLOWED FOR
237		-	PROPERTY TAXES ASSESSED DURING ANY PROPERTY TAX YEAR PRIOR TO THE
238		-	YEAR IN WHICH AN OWNER
239		-	-OCCUPIER FIRST FILES AN APPLICATION IN THE
240		-	MANNER REQUIRED BY SUBSECTION
241		-	(3) OF THIS SECTION. IF OWNERSHIP OF
242		-	RESIDENTIAL REAL PROPERTY THAT QUALIFIED AS QUALIFIED
243		-	-SENIOR
244		-	PRIMARY RESIDENCE REAL PROPERTY AS OF THE ASSESSMENT DATE CHANGES
245		-	AFTER THE ASSESSMENT DATE
246		-	, THE CLASSIFICATION IS ALLOWED ONLY IF AN
247		-	OWNER
248		-	-OCCUPIER WHOSE STATUS AS AN OWNER -OCCUPIER QUALIFIES THE
249		-	PROPERTY FOR THE CLASSIFICATION HAS FILED AN APPLICATION BY THE
250		-	DEADLINE SPECIFIED IN SUBSECTION
251		-	(3)(a) OF THIS SECTION.
	249	+	26
	250	+	RECEIVED THE SENIOR HOMESTEAD EXEMPTION FOR A DIFFERENT27
	251	+	111
	252	+	-7- PROPERTY FOR A PROPERTY TAX YEAR COMMENCING ON OR AFTER1
	253	+	J
	254	+	ANUARY 1,
	255	+	2020, AND DOES NOT QUALIFY FOR THE SENIOR HOMESTEAD2
	256	+	EXEMPTION FOR THE CURRENT PROPERTY TAX YEAR ; AND3
	257	+	(III) T
	258	+	HE CIRCUMSTANCES THAT QUALIFY THE PROPERTY FOR THE4
	259	+	CLASSIFICATION HAVE NOT CHANGED SINCE THE FILING OF THE5
	260	+	APPLICATION.6
	261	+	(b) U
	262	+	NDER NO CIRCUMSTANCES IS THE CLASSIFICATION AS7
	263	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY ALLOWED FOR8
	264	+	PROPERTY TAXES ASSESSED DURING ANY PROPERTY TAX YEAR PRIOR TO9
	265	+	THE YEAR IN WHICH AN OWNER-OCCUPIER FIRST FILES AN APPLICATION IN10
	266	+	THE MANNER REQUIRED BY SUBSECTION (3) OF THIS SECTION. IF11
	267	+	OWNERSHIP OF RESIDENTIAL REAL PROPERTY THAT QUALIFIED AS12
	268	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY AS OF THE13
	269	+	ASSESSMENT DATE CHANGES AFTER THE ASSESSMENT DATE , THE14
	270	+	CLASSIFICATION IS ALLOWED ONLY IF AN OWNER-OCCUPIER WHOSE STATUS15
	271	+	AS AN OWNER -OCCUPIER QUALIFIES THE PROPERTY FOR THE16
	272	+	CLASSIFICATION HAS FILED AN APPLICATION BY THE DEADLINE SPECIFIED17
	273	+	IN SUBSECTION (3)(a) OF THIS SECTION.18
252	274		(c) I
253		-	F AN INDIVIDUAL OWNS AND OCCUPIES A DWELLING UNIT IN A
254		-	COMMON INTEREST COMMUNITY
255		-	, AS DEFINED IN SECTION 38-33.3-103 (8), AS
256		-	THE INDIVIDUAL
257		-	'S PRIMARY RESIDENCE, ONLY THE DWELLING UNIT THAT THE
258		-	INDIVIDUAL OCCUPIES AS THE INDIVIDUAL
259		-	'S PRIMARY RESIDENCE MAY
260		-	QUALIFY AS QUALIFIED
261		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY .
	275	+	F AN INDIVIDUAL OWNS AND OCCUPIES A DWELLING UNIT IN A19
	276	+	COMMON INTEREST COMMUNITY , AS DEFINED IN SECTION 38-33.3-103 (8),20
	277	+	AS THE INDIVIDUAL'S PRIMARY RESIDENCE, ONLY THE DWELLING UNIT21
	278	+	THAT THE INDIVIDUAL OCCUPIES AS THE INDIVIDUAL 'S PRIMARY22
	279	+	RESIDENCE MAY QUALIFY AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL23
	280	+	PROPERTY.24
262	281		(d) F
263		-	OR PURPOSES OF THIS SUBSECTION (2), TWO INDIVIDUALS WHO
264		-	ARE LEGALLY MARRIED OR ARE CIVIL UNION PARTNERS BUT WHO OWN MORE
265		-	THAN ONE PARCEL OF RESIDENTIAL REAL PROPERTY ARE DEEMED TO OCCUPY
266		-	THE SAME PRIMARY RESIDENCE
267		-	, AND ONLY THAT PROPERTY MAY BE
268		-	CLASSIFIED AS QUALIFIED
269		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY . IF
270		-	AN INDIVIDUAL IS AN OWNER
271		-	-OCCUPIER OF A RESIDENTIAL REAL PROPERTY
272		-	AND AN OWNER OF RECORD ON ANOTHER PROPERTY ALONG WITH A MEMBER
273		-	OF THE INDIVIDUAL
274		-	'S FAMILY OTHER THAN THE INDIVIDUAL'S SPOUSE, THEN
275		-	THE OTHER FAMILY MEMBER MAY BE AN OWNER
276		-	-OCCUPIER OF THE OTHER
277		-	PROPERTY
278		-	.
	282	+	OR PURPOSES OF THIS SUBSECTION (2), TWO INDIVIDUALS WHO25
	283	+	ARE LEGALLY MARRIED OR ARE CIVIL UNION PARTNERS BUT WHO OWN26
	284	+	MORE THAN ONE PARCEL OF RESIDENTIAL REAL PROPERTY ARE DEEMED TO27
	285	+	111
	286	+	-8- OCCUPY THE SAME PRIMARY RESIDENCE , AND ONLY THAT PROPERTY MAY1
	287	+	BE CLASSIFIED AS QUALIFIED -SENIOR PRIMARY RESIDENCE REAL2
	288	+	PROPERTY. IF AN INDIVIDUAL IS AN OWNER-OCCUPIER OF A RESIDENTIAL3
	289	+	REAL PROPERTY AND AN OWNER OF RECORD ON ANOTHER PROPERTY4
	290	+	ALONG WITH A MEMBER OF THE INDIVIDUAL 'S FAMILY OTHER THAN THE5
	291	+	INDIVIDUAL'S SPOUSE, THEN THE OTHER FAMILY MEMBER MAY BE AN6
	292	+	OWNER-OCCUPIER OF THE OTHER PROPERTY .7
279	293		(e) A
280		-	UNIT OF REAL PROPERTY THAT MIGHT OTHERWISE BE
281		-	CLASSIFIED AS MULTI
282		-	-FAMILY RESIDENTIAL REAL PROPERTY AND THAT
283		-	QUALIFIES AS QUALIFIED
284		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY
285		-	UNDER THIS SECTION IS CLASSIFIED AS MULTI
286		-	-FAMILY QUALIFIED-SENIOR
287		-	PRIMARY RESIDENCE REAL PROPERTY
288		-	.
	294	+	UNIT OF REAL
	295	+	PROPERTY THAT MIGHT OTHERWISE BE8
	296	+	CLASSIFIED AS MULTI-FAMILY RESIDENTIAL REAL PROPERTY AND THAT9
	297	+	QUALIFIES AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY10
	298	+	UNDER THIS SECTION IS CLASSIFIED AS MULTI-FAMILY QUALIFIED-SENIOR11
	299	+	PRIMARY RESIDENCE REAL PROPERTY .12
289	300		(3) Applications. (a) F
290		-	OR A PROPERTY TO BE CLASSIFIED AS
291		-	QUALIFIED
292		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY , AN INDIVIDUAL
293		-	MUST FILE WITH THE ASSESSOR A COMPLETED APPLICATION NO LATER THAN
294		-	JULY 15 OF THE FIRST PROPERTY TAX YEAR FOR WHICH THE CLASSIFICATION
295		-	IS SOUGHT
296		-	. AN APPLICATION RETURNED BY MAIL IS DEEMED FILED ON THE
297		-	PAGE 6-SENATE BILL 24-111 DATE IT IS POSTMARKED.
	301	+	OR A PROPERTY TO BE CLASSIFIED AS13
	302	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY , AN INDIVIDUAL14
	303	+	MUST FILE WITH THE ASSESSOR A COMPLETED APPLICATION NO LATER15
	304	+	THAN JULY 15 OF THE FIRST PROPERTY TAX YEAR FOR WHICH THE16
	305	+	CLASSIFICATION IS SOUGHT. AN APPLICATION RETURNED BY MAIL IS17
	306	+	DEEMED FILED ON THE DATE IT IS POSTMARKED .18
298	307		(b) (I) A
299		-	N APPLICANT MUST COMPLETE AN APPLICATION FOR
300		-	PROPERTY TO BE CLASSIFIED AS QUALIFIED
301		-	-SENIOR PRIMARY RESIDENCE
302		-	REAL PROPERTY ON A FORM PRESCRIBED BY THE ADMINISTRATOR THAT
303		-	INCLUDES THE FOLLOWING INFORMATION
304		-	:
	308	+	N APPLICANT MUST COMPLETE AN APPLICATION FOR19
	309	+	PROPERTY TO BE CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE20
	310	+	REAL PROPERTY ON A FORM PRESCRIBED BY THE ADMINISTRATOR THAT21
	311	+	INCLUDES THE FOLLOWING INFORMATION :22
305	312		(A) T
306		-	HE APPLICANT'S NAME, MAILING ADDRESS, AND SOCIAL
307		-	SECURITY NUMBER
308		-	;
	313	+	HE APPLICANT'S NAME, MAILING ADDRESS, AND SOCIAL23
	314	+	SECURITY NUMBER;24
309	315		(B) T
310		-	HE ADDRESS AND SCHEDULE OR PARCEL NUMBER OF THE
311		-	PROPERTY
312		-	;
	316	+	HE ADDRESS AND SCHEDULE OR PARCEL NUMBER OF THE25
	317	+	PROPERTY;26
313	318		(C) T
314		-	HE NAME AND SOCIAL SECURITY NUMBER OF THE APPLICANT 'S
315		-	~~SPOUSE OR CIVIL UNION PARTNER WHO OCCUPIES THE PROPERTY AS THE~~
316		-	SPOUSE OR CIVIL UNION PARTNER
317		-	'S PRIMARY RESIDENCE;
	319	+	HE NAME AND SOCIAL SECURITY NUMBER OF THE APPLICANT 'S27
	320	+	111
	321	+	-9- SPOUSE OR CIVIL UNION PARTNER WHO OCCUPIES THE PROPERTY AS THE1
	322	+	SPOUSE OR CIVIL UNION PARTNER'S PRIMARY RESIDENCE;2
318	323		(D) I
319		-	F A TRUST IS THE OWNER OF RECORD OF THE PROPERTY , THE
320		-	NAMES OF THE MAKER OF THE TRUST
321		-	, THE TRUSTEE, AND THE BENEFICIARIES
322		-	OF THE TRUST
323		-	;
	324	+	F A TRUST IS THE OWNER OF RECORD OF THE PROPERTY , THE3
	325	+	NAMES OF THE MAKER OF THE TRUST , THE TRUSTEE, AND THE4
	326	+	BENEFICIARIES OF THE TRUST;5
324	327		(E) I
325		-	F A CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY IS THE
326		-	OWNER OF RECORD OF THE PROPERTY
327		-	, THE NAMES OF THE PRINCIPALS OR THE
328		-	CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY
329		-	;
	328	+	F A CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY IS THE6
	329	+	OWNER OF RECORD OF THE PROPERTY , THE NAMES OF THE PRINCIPALS OR7
	330	+	THE CORPORATE PARTNERSHIP OR OTHER LEGAL ENTITY ;8
330	331		(F) A
331		-	STATEMENT THAT THE APPLICANT PREVIOUSLY QUALIFIED FOR
332		-	THE SENIOR HOMESTEAD EXEMPTION FOR A PROPERTY TAX YEAR
333		-	COMMENCING ON OR AFTER
334		-	JANUARY 1, 2020, FOR A DIFFERENT PROPERTY
335		-	THAN THE PROPERTY THAT THE APPLICANT CURRENTLY OCCUPIES AS THE
336		-	APPLICANT
337		-	'S PRIMARY RESIDENCE;
	332	+	STATEMENT THAT THE APPLICANT PREVIOUSLY QUALIFIED9
	333	+	FOR THE SENIOR HOMESTEAD EXEMPTION FOR A PROPERTY TAX YEAR10
	334	+	COMMENCING ON OR AFTER JANUARY 1,
	335	+	2020, FOR A DIFFERENT PROPERTY11
	336	+	THAN THE PROPERTY THAT THE APPLICANT CURRENTLY OCCUPIES AS THE12
	337	+	APPLICANT'S PRIMARY RESIDENCE;13
338	338		(G) A
339		-	N AFFIRMATION, IN A FORM PRESCRIBED BY THE
340		-	ADMINISTRATOR
341		-	, THAT THE APPLICANT BELIEVES , UNDER PENALTY OF
342		-	PERJURY IN THE SECOND DEGREE AS DEFINED IN SECTION
343		-	18-8-503, THAT ALL
344		-	INFORMATION PROVIDED BY THE APPLICANT IS CORRECT
345		-	; AND
346		-	(H) ANY OTHER INFORMATION THAT THE ADMINISTRATOR
347		-	REASONABLY DEEMS NECESSARY
348		-	.
	339	+	N AFFIRMATION, IN A FORM PRESCRIBED BY THE14
	340	+	ADMINISTRATOR, THAT THE APPLICANT BELIEVES , UNDER PENALTY OF15
	341	+	PERJURY IN THE SECOND DEGREE AS DEFINED IN SECTION 18-8-503, THAT16
	342	+	ALL INFORMATION PROVIDED BY THE APPLICANT IS CORRECT ; AND17
	343	+	(H) A
	344	+	NY OTHER INFORMATION THAT THE ADMINISTRATOR18
	345	+	REASONABLY DEEMS NECESSARY .19
349	346		(II) T
350		-	HE ADMINISTRATOR SHALL ALSO INCLUDE IN THE APPLICATION
351		-	PAGE 7-SENATE BILL 24-111 A STATEMENT THAT AN APPLICANT OR , IF APPLICABLE, THE TRUSTEE HAS A
352		-	LEGAL OBLIGATION TO INFORM THE ASSESSOR WITHIN SIXTY DAYS OF ANY
353		-	CHANGE IN THE OWNERSHIP OR OCCUPANCY OF THE RESIDENTIAL REAL
354		-	PROPERTY FOR WHICH CLASSIFICATION AS QUALIFIED
355		-	-SENIOR PRIMARY
356		-	RESIDENCE REAL PROPERTY HAS BEEN APPLIED FOR OR ALLOWED THAT
357		-	WOULD PREVENT THE CLASSIFICATION FROM BEING ALLOWED FOR THE
358		-	PROPERTY
359		-	.
360		-	(c) F
361		-	OR PURPOSES OF THE APPLICATION AND RELATED PROVISIONS IN
362		-	THIS SECTION
363		-	, REAL PROPERTY THAT IS MULTI-FAMILY QUALIFIED-SENIOR
364		-	PRIMARY RESIDENCE REAL PROPERTY IS TREATED AS QUALIFIED
365		-	-SENIOR
366		-	PRIMARY RESIDENCE REAL PROPERTY
367		-	.
	347	+	HE ADMINISTRATOR SHALL ALSO INCLUDE IN THE20
	348	+	APPLICATION A STATEMENT THAT AN APPLICANT OR , IF APPLICABLE, THE21
	349	+	TRUSTEE HAS A LEGAL OBLIGATION TO INFORM THE ASSESSOR WITHIN22
	350	+	SIXTY DAYS OF ANY CHANGE IN THE OWNERSHIP OR OCCUPANCY OF THE23
	351	+	RESIDENTIAL REAL PROPERTY FOR WHICH CLASSIFICATION AS24
	352	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY HAS BEEN25
	353	+	APPLIED FOR OR ALLOWED THAT WOULD PREVENT THE CLASSIFICATION26
	354	+	FROM BEING ALLOWED FOR THE PROPERTY .27
	355	+	111
	356	+	-10- (c) FOR PURPOSES OF THE APPLICATION AND RELATED PROVISIONS1
	357	+	IN THIS SECTION , REAL PROPERTY THAT IS MULTI -FAMILY2
	358	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY IS TREATED AS3
	359	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY .4
368	360		(4) Penalties. (a) I
369		-	N ADDITION TO ANY PENALTIES PRESCRIBED BY
370		-	LAW FOR PERJURY IN THE SECOND DEGREE
371		-	, AN APPLICANT WHO KNOWINGLY
372		-	PROVIDES FALSE INFORMATION ON AN APPLICATION OR ATTEMPTS TO CLAIM
373		-	MORE THAN ONE PROPERTY AS QUALIFIED
374		-	-SENIOR PRIMARY RESIDENCE REAL
375		-	PROPERTY FOR THE SAME PROPERTY TAX YEAR SHALL
376		-	:
	361	+	N ADDITION TO ANY PENALTIES PRESCRIBED BY5
	362	+	LAW FOR PERJURY IN THE SECOND DEGREE , AN APPLICANT WHO6
	363	+	KNOWINGLY PROVIDES FALSE INFORMATION ON AN APPLICATION OR7
	364	+	ATTEMPTS TO CLAIM MORE THAN ONE PROPERTY AS QUALIFIED -SENIOR8
	365	+	PRIMARY RESIDENCE REAL PROPERTY FOR THE SAME PROPERTY TAX YEAR9
	366	+	SHALL:10
377	367		(I) N
378		-	OT BE ABLE TO CLAIM THE PROPERTY AS QUALIFIED -SENIOR
379		-	PRIMARY RESIDENCE REAL PROPERTY FOR THE PROPERTY TAX YEAR
380		-	;
	368	+	OT BE ABLE TO CLAIM THE PROPERTY AS QUALIFIED -SENIOR11
	369	+	PRIMARY RESIDENCE REAL PROPERTY FOR THE PROPERTY TAX YEAR ;12
381	370		(II) P
382		-	AY, TO THE TREASURER OF A COUNTY IN WHICH PROPERTY WAS
383		-	IMPROPERLY CLASSIFIED AS QUALIFIED
384		-	-SENIOR PRIMARY RESIDENCE REAL
385		-	PROPERTY DUE TO THE PROVISION BY THE APPLICANT OF FALSE INFORMATION
386		-	OR THE FILING OF MORE THAN ONE APPLICATION
387		-	, AN AMOUNT EQUAL TO THE
388		-	AMOUNT OF PROPERTY TAXES NOT PAID AS A RESULT OF THE IMPROPER
389		-	CLASSIFICATION AS QUALIFIED
390		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY ;
391		-	AND
392		-	(III) UPON CONVICTION OF PERJURY, BE REQUIRED TO PAY TO THE
393		-	TREASURER OF ANY COUNTY IN WHICH AN INVALID APPLICATION WAS FILED
394		-	AN ADDITIONAL AMOUNT EQUAL TO TWICE THE AMOUNT OF THE PROPERTY
395		-	TAXES IDENTIFIED IN SUBSECTION
396		-	(4)(a)(II) OF THIS SECTION PLUS INTEREST,
397		-	CALCULATED AT THE ANNUAL RATE CALCULATED PURS UANT TO SECTION
398		-	39-21-110.5 FROM THE DATE THE INVALID APPLICATION WAS FILED UNTIL
399		-	THE DATE THE APPLICANT MAKES THE PAYMENT REQUIRED BY THIS
400		-	SUBSECTION
401		-	(4)(a)(III).
402		-	(b) I
403		-	F AN APPLICANT OR A TRUSTEE FAILS TO INFORM THE ASSESSOR
404		-	PAGE 8-SENATE BILL 24-111 WITHIN SIXTY DAYS OF ANY CHANGE IN THE OWNERSHIP OR OCCUPANCY OF
405		-	RESIDENTIAL REAL PROPERTY FOR WHICH CLASSIFICATION AS A
406		-	QUALIFIED
407		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY HAS BEEN APPLIED
408		-	FOR OR ALLOWED THAT WOULD PREVENT THE CLASSIFICATION FROM BEING
409		-	ALLOWED FOR THE PROPERTY AS REQUIRED BY SUBSECTION
410		-	(3)(b) OF THIS
411		-	SECTION
412		-	:
	371	+	AY, TO THE TREASURER OF A COUNTY IN WHICH PROPERTY13
	372	+	WAS IMPROPERLY CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE14
	373	+	REAL PROPERTY DUE TO THE PROVISION BY THE APPLICANT OF FALSE15
	374	+	INFORMATION OR THE FILING OF MORE THAN ONE APPLICATION , AN16
	375	+	AMOUNT EQUAL TO THE AMOUNT OF PROPERTY TAXES NOT PAID AS A17
	376	+	RESULT OF THE IMPROPER CLASSIFICATION AS QUALIFIED-SENIOR PRIMARY18
	377	+	RESIDENCE REAL PROPERTY; AND19
	378	+	(III) U
	379	+	PON CONVICTION OF PERJURY, BE REQUIRED TO PAY TO THE20
	380	+	TREASURER OF ANY COUNTY IN WHICH AN INVALID APPLICATION WAS21
	381	+	FILED AN ADDITIONAL AMOUNT E QUAL TO TWICE THE AM OUNT OF THE22
	382	+	PROPERTY TAXES IDENTIFIED IN SUBSECTION (4)(a)(II) OF THIS SECTION23
	383	+	PLUS INTEREST, CALCULATED AT THE ANNUAL RATE CALCULATED24
	384	+	PURSUANT TO SECTION 39-21-110.5 FROM THE DATE THE INVALID25
	385	+	APPLICATION WAS FILED UNTIL THE DATE THE APPLICANT MAKES THE26
	386	+	PAYMENT REQUIRED BY THIS SUBSECTION (4)(a)(III).27
	387	+	111
	388	+	-11- (b) IF AN APPLICANT OR A TRUSTEE FAILS TO INFORM THE1
	389	+	ASSESSOR WITHIN SIXTY DAYS OF ANY CHANGE IN THE OWNERSHIP OR2
	390	+	OCCUPANCY OF RESIDENTIAL REAL PROPERTY FOR WHICH CLASSIFICATION3
	391	+	AS A QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY HAS BEEN4
	392	+	APPLIED FOR OR ALLOWED THAT WOULD PREVENT THE CLASSIFICATION5
	393	+	FROM BEING ALLOWED FOR THE PROPERTY AS REQUIRED BY SUBSECTION6
	394	+	(3)(b)
	395	+	OF THIS SECTION:7
413	396		(I) T
414		-	HE CLASSIFICATION IS NOT ALLOWED WITH RESPECT TO THE
415		-	RESIDENTIAL REAL PROPERTY FOR THE SUBSEQUENT PROPERTY TAX YEAR
416		-	;
417		-	AND
418		-	(II) THE APPLICANT OR TRUSTEE SHALL PAY, TO THE TREASURER OF
419		-	ANY COUNTY IN WHICH THE CLASSIFICATION WAS IMPROPERLY ALLOWED
420		-	DUE TO THE APPLICANT
421		-	'S OR TRUSTEE'S FAILURE TO IMMEDIATELY INFORM
422		-	THE ASSESSOR OF ANY CHANGE IN THE OWNERSHIP OR OCCUPANCY OF
423		-	RESIDENTIAL REAL PROPERTY
424		-	, AN AMOUNT EQUAL TO THE AMOUNT OF
425		-	PROPERTY TAXES NOT PAID AS A RESULT OF THE IMPROPER CLASSIFICATION
426		-	AS QUALIFIED
427		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY PLUS INTEREST ,
428		-	CALCULATED AT THE ANNUAL RATE SPECIFIED IN SECTION 39-21-110.5 FROM
429		-	THE DATE ON WHICH THE CHANGE IN THE OWNERSHIP OR OCCUPANCY
430		-	OCCURRED UNTIL THE DATE THE APPLICANT MAKES THE PAYMENT REQUIRED
431		-	BY THIS SUBSECTION
432		-	(4)(b)(II).
	397	+	HE CLASSIFICATION IS NOT ALLOWED WITH RESPECT TO THE8
	398	+	RESIDENTIAL REAL PROPERTY FOR THE SUBSEQUENT PROPERTY TAX YEAR ;9
	399	+	AND10
	400	+	(II) T
	401	+	HE APPLICANT OR TRUSTEE SHALL PAY , TO THE TREASURER11
	402	+	OF ANY COUNTY IN WHICH THE CLASSIFICATION WAS IMPROPERLY12
	403	+	ALLOWED DUE TO THE APPLICANT 'S OR TRUSTEE'S FAILURE TO13
	404	+	IMMEDIATELY INFORM THE ASSESSOR OF ANY CHANGE IN THE OWNERSHIP14
	405	+	OR OCCUPANCY OF RESIDENTIAL REAL PROPERTY , AN AMOUNT EQUAL TO15
	406	+	THE AMOUNT OF PROPERTY TAXES NOT PAID AS A RESULT OF THE16
	407	+	IMPROPER CLASSIFICATION AS QUALIFIED -SENIOR PRIMARY RESIDENCE17
	408	+	REAL PROPERTY PLUS INTEREST , CALCULATED AT THE ANNUAL RATE18
	409	+	SPECIFIED IN SECTION 39-21-110.5 FROM THE DATE ON WHICH THE CHANGE19
	410	+	IN THE OWNERSHIP OR OCCUPANCY OCCURRED UNTIL THE DATE THE20
	411	+	APPLICANT MAKES THE PAYMENT REQUIRED BY THIS SUBSECTION21
	412	+	(4)(b)(II).22
433	413		(c) A
434		-	NY AMOUNT REQUIRED TO BE PAID TO A TREASURER PURSUANT
435		-	TO SUBSECTION
436		-	(4)(a) OR (4)(b) OF THIS SECTION IS DEEMED PART OF THE
437		-	LIEN OF GENERAL TAXES IMPOSED ON THE PERSON REQUIRED TO PAY THE
438		-	AMOUNT AND HAS THE PRIORITY SPECIFIED IN SECTION
439		-	39-1-107 (2).
440		-	(5) Confidentiality. (a) C
441		-	OMPLETED APPLICATIONS FOR
442		-	CLASSIFICATION AS QUALIFIED
443		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY
444		-	ARE CONFIDENTIAL
445		-	; EXCEPT THAT:
	414	+	NY AMOUNT REQUIRED TO BE PAID TO A TREASURER23
	415	+	PURSUANT TO SUBSECTION (4)(a) OR (4)(b) OF THIS SECTION IS DEEMED24
	416	+	PART OF THE LIEN OF GENERAL TAXES IMPOSED ON THE PERSON REQUIRED25
	417	+	TO PAY THE AMOUNT AND HAS THE PRIORITY SPECIFIED IN SECTION26
	418	+	39-1-107
	419	+	(2).27
	420	+	111
	421	+	-12- (5) Confidentiality. (a) C OMPLETED APPLICATIONS FOR1
	422	+	CLASSIFICATION AS QUALIFIED -SENIOR PRIMARY RESIDENCE REAL2
	423	+	PROPERTY ARE CONFIDENTIAL; EXCEPT THAT:3
446	424		(I) (A) A
447		-	N ASSESSOR OR THE ADMINISTRATOR MAY RELEASE
448		-	STATISTICAL COMPILATIONS OR INFORMATIONAL SUMMARIES OF ANY
449		-	INFORMATION CONTAINED IN THE APPLICATIONS AND SHALL PROVIDE A COPY
450		-	OF AN APPLICATION TO THE APPLICANT WHO RETURNED THE APPLICATION
451		-	AND THE TREASURER OF THE SAME COUNTY AS THE ASSESSOR
452		-	; AND
453		-	(B) AN ASSESSOR OR THE ADMINISTRATOR MAY INTRODUCE A COPY
454		-	OF AN APPLICATION AS EVIDENCE IN ANY ADMINISTRATIVE HEARING OR
455		-	PAGE 9-SENATE BILL 24-111 LEGAL PROCEEDING IN WHICH THE ACCURACY OR VERACITY OF THE
456		-	APPLICATION IS AT ISSUE SO LONG AS NEITHER THE APPLICANT
457		-	'S SOCIAL
458		-	SECURITY NUMBER NOR ANY OTHER SOCIAL SECURITY NUMBER SET FORTH
459		-	IN THE APPLICATION ARE DIVULGED
460		-	;
	425	+	N ASSESSOR OR THE ADMINISTRATOR MAY RELEASE4
	426	+	STATISTICAL COMPILATIONS OR INFORMATIONAL SUMMARIES OF ANY5
	427	+	INFORMATION CONTAINED IN THE APPLICATIONS AND SHALL PROVIDE A6
	428	+	COPY OF AN APPLICATION TO THE APPLICANT WHO RETURNED THE7
	429	+	APPLICATION AND THE TREASURER OF THE SAME COUNTY AS THE8
	430	+	ASSESSOR; AND9
	431	+	(B) A
	432	+	N ASSESSOR OR THE ADMINISTRATOR MAY INTRODUCE A10
	433	+	COPY OF AN APPLICATION AS EVIDENCE IN ANY ADMINISTRATIVE HEARING11
	434	+	OR LEGAL PROCEEDING IN WHICH THE ACCURACY OR VERACITY OF THE12
	435	+	APPLICATION IS AT ISSUE SO LONG AS NEITHER THE APPLICANT 'S SOCIAL13
	436	+	SECURITY NUMBER NOR ANY OTHER SOCIAL SECURITY NUMBER SET FORTH14
	437	+	IN THE APPLICATION ARE DIVULGED;15
461	438		(II) A
462		-	TREASURER SHALL KEEP CONFIDENTIAL EACH INDIVIDUAL
463		-	APPLICATION RECEIVED FROM AN ASSESSOR BUT MAY RELEASE STATISTICAL
464		-	COMPILATIONS OR INFORMATIONAL SUMMARIES OF ANY INFORMATION
465		-	CONTAINED IN APPLICATIONS AND MAY INTRODUCE A COPY OF AN
466		-	APPLICATION AS EVIDENCE IN ANY ADMINISTRATIVE HEARING OR LEGAL
467		-	PROCEEDING IN WHICH THE ACCURACY OR VERACITY OF THE APPLICATION IS
468		-	AT ISSUE SO LONG AS NEITHER THE APPLICANT
469		-	'S SOCIAL SECURITY NUMBER
470		-	NOR ANY OTHER SOCIAL SECURITY NUMBER SET FORTH IN THE APPLICATION
471		-	IS DIVULGED
472		-	; AND
473		-	(III) THE ADMINISTRATOR MAY SHARE INFORMATION CONTAINED IN
474		-	AN APPLICATION FOR CLASSIFICATION OF REAL PROPERTY AS
475		-	QUALIFIED
476		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY , INCLUDING ANY
477		-	SOCIAL SECURITY NUMBER SET FORTH IN THE APPLICATION
478		-	, WITH THE
479		-	DEPARTMENT OF REVENUE TO THE EXTENT NECESSARY TO ENABLE THE
480		-	ADMINISTRATOR TO VERIFY THAT THE APPLICANT SATISFIES LEGAL
481		-	REQUIREMENTS FOR THE CLASSIFICATION
482		-	.
	439	+	TREASURER SHALL KEEP CONFIDENTIAL EACH INDIVIDUAL16
	440	+	APPLICATION RECEIVED FROM AN ASSESSOR BUT MAY RELEASE17
	441	+	STATISTICAL COMPILATIONS OR INFORMATIONAL SUMMARIES OF ANY18
	442	+	INFORMATION CONTAINED IN APPLICATIONS AND MAY INTRODUCE A COPY19
	443	+	OF AN APPLICATION AS EVIDENCE IN ANY ADMINISTRATIVE HEARING OR20
	444	+	LEGAL PROCEEDING IN WHICH THE ACCURACY OR VERACITY OF THE21
	445	+	APPLICATION IS AT ISSUE SO LONG AS NEITHER THE APPLICANT 'S SOCIAL22
	446	+	SECURITY NUMBER NOR ANY OTHER SOCIAL SECURITY NUMBER SET FORTH23
	447	+	IN THE APPLICATION IS DIVULGED; AND24
	448	+	(III) T
	449	+	HE ADMINISTRATOR MAY SHARE INFORMATION CONTAINED25
	450	+	IN AN APPLICATION FOR CLASSIFICATION OF REAL PROPERTY AS26
	451	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY , INCLUDING ANY27
	452	+	111
	453	+	-13- SOCIAL SECURITY NUMBER SET FORTH IN THE APPLICATION , WITH THE1
	454	+	DEPARTMENT OF REVENUE TO THE EXTENT NECESSARY TO ENABLE THE2
	455	+	ADMINISTRATOR TO VERIFY THAT THE APPLICANT SATISFIES LEGAL3
	456	+	REQUIREMENTS FOR THE CLASSIFICATION .4
483	457		(b) N
484		-	OTWITHSTANDING THE PROVISIONS OF SUBSECTION (5)(a) OF
485		-	THIS SECTION
486		-	, THE ADMINISTRATOR, AN ASSESSOR, OR A TREASURER SHALL
487		-	NOT GIVE ANY OTHER PERSON ANY LISTING OF APPLICANTS OR ANY OTHER
488		-	INFORMATION THAT WOULD ENABLE A PERSON TO EASILY ASSEMBLE A
489		-	MAILING LIST OF APPLICANTS FOR THE QUALIFIED
490		-	-SENIOR PRIMARY
491		-	RESIDENCE REAL PROPERTY CLASSIFICATION
492		-	.
	458	+	OTWITHSTANDING THE PROVISIONS OF SUBSECTION (5)(a) OF5
	459	+	THIS SECTION, THE ADMINISTRATOR, AN ASSESSOR, OR A TREASURER6
	460	+	SHALL NOT GIVE ANY OTHER PERSON ANY LISTING OF APPLICANTS OR ANY7
	461	+	OTHER INFORMATION THAT WOULD ENABLE A PERSON TO EASILY8
	462	+	ASSEMBLE A MAILING LIST OF APPLICANTS FOR THE QUALIFIED -SENIOR9
	463	+	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION .10
493	464		(c) I
494		-	N ACCORDANCE WITH SECTION 25-2-103 (4.7), THE
495		-	ADMINISTRATOR SHALL ANNUALLY PROVIDE TO THE STATE REGISTRAR OF
496		-	VITAL STATISTICS OF THE DEPARTMENT OF PUBLIC HEALTH AND
497		-	ENVIRONMENT A LIST
498		-	, BY NAME AND SOCIAL SECURITY NUMBER , OF EVERY
499		-	INDIVIDUAL WHO HAD PROPERTY CLASSIFIED AS QUALIFIED
500		-	-SENIOR PRIMARY
501		-	RESIDENCE REAL PROPERTY FOR THE IMMEDIATELY PRECEDING YEAR SO
502		-	THAT THE REGISTRAR CAN PROVIDE TO THE ADMINISTRATOR A LIST OF ALL
503		-	THE INDIVIDUALS ON THE LIST WHO HAVE DIED
504		-	. NO LATER THAN APRIL 1,
505		-	2026,
506		-	AND APRIL 1 OF EACH YEAR THEREAFTER, THE ADMINISTRATOR SHALL
507		-	FORWARD TO THE ASSESSOR OF EACH COUNTY THE NAME AND SOCIAL
508		-	PAGE 10-SENATE BILL 24-111 SECURITY NUMBER OF EACH DECEASED INDIVIDUAL WHO HAD RESIDENTIAL
509		-	REAL PROPERTY LOCATED WITHIN THE COUNTY THAT WAS SO CLASSIFIED FOR
510		-	THE IMMEDIATELY PRECEDING YEAR SO THAT THE ASSESSOR CAN CHANGE
511		-	THE CLASSIFICATION OF THE PROPERTY
512		-	, IF NECESSARY.
	465	+	N ACCORDANCE WITH SECTION 25-2-103 (4.7), THE11
	466	+	ADMINISTRATOR SHALL ANNUALLY PROVIDE TO THE STATE REGISTRAR OF12
	467	+	VITAL STATISTICS OF THE DEPARTMENT OF PUBLIC HEALTH AND13
	468	+	ENVIRONMENT A LIST, BY NAME AND SOCIAL SECURITY NUMBER, OF EVERY14
	469	+	INDIVIDUAL WHO HAD PROPERTY CLASSIFIED AS QUALIFIED -SENIOR15
	470	+	PRIMARY RESIDENCE REAL PROPERTY FOR THE IMMEDIATELY PRECEDING16
	471	+	YEAR SO THAT THE REGISTRAR CAN PROVIDE TO THE ADMINISTRATOR A17
	472	+	LIST OF ALL THE INDIVIDUALS ON THE LIST WHO HAVE DIED . NO LATER18
	473	+	THAN APRIL 1, 2026, AND APRIL 1 OF EACH YEAR THEREAFTER , THE19
	474	+	ADMINISTRATOR SHALL FORWARD TO THE ASSESSOR OF EACH COUNTY THE20
	475	+	NAME AND SOCIAL SECURITY NUMBER OF EACH DECEASED INDIVIDUAL21
	476	+	WHO HAD RESIDENTIAL REAL PROPERTY LOCATED WITHIN THE COUNTY22
	477	+	THAT WAS SO CLASSIFIED FOR THE IMMEDIATELY PRECEDING YEAR SO23
	478	+	THAT THE ASSESSOR CAN CHANGE THE CLASSIFICATION OF THE PROPERTY ,24
	479	+	IF NECESSARY.25
513	480		(6) Notice. (a) A
514		-	S SOON AS PRACTICABLE AFTER JANUARY 1, 2025,
515		-	AND AFTER JANUARY 1 OF EACH YEAR THEREAFTER , EACH COUNTY
516		-	TREASURER SHALL
517		-	, AT THE TREASURER 'S DISCRETION, MAIL OR
518		-	ELECTRONICALLY SEND TO EACH PERSON WHOSE NAME APPEARS ON THE TAX
519		-	LIST AND WARRANT AS AN OWNER OF RESIDENTIAL REAL PROPERTY NOTICE
520		-	OF THE QUALIFIED
521		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY
522		-	CLASSIFICATION
523		-	. THE TREASURER SHALL MAIL OR ELECTRONICALLY SEND
524		-	THE NOTICE EACH YEAR ON OR BEFORE THE DATE ON WHICH THE TREASURER
525		-	MAILS THE PROPERTY TAX STATEMENT FOR THE PREVIOUS PROPERTY TAX
526		-	YEAR PURSUANT TO SECTION
527		-	39-10-103. THE ADMINISTRATOR SHALL
528		-	PRESCRIBE THE FORM OF THE NOTICE
529		-	, WHICH MUST INCLUDE A STATEMENT
530		-	OF THE ELIGIBILITY CRITERIA FOR THE PRIMARY RESIDENCE REAL PROPERTY
531		-	AND QUALIFIED
532		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY
533		-	CLASSIFICATIONS AND INSTRUCTIONS FOR OBTAINING A RELATED
534		-	APPLICATION
535		-	.
	481	+	S SOON AS PRACTICABLE AFTER JANUARY 1, 2025,26
	482	+	AND AFTER JANUARY 1 OF EACH YEAR THEREAFTER , EACH COUNTY27
	483	+	111
	484	+	-14- TREASURER SHALL, AT THE TREASURER 'S DISCRETION, MAIL OR1
	485	+	ELECTRONICALLY SEND TO EACH PERSON WHOSE NAME APPEARS ON THE2
	486	+	TAX LIST AND WARRANT AS AN OWNER OF RESIDENTIAL REAL PROPERTY3
	487	+	NOTICE OF THE QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY4
	488	+	CLASSIFICATION. THE TREASURER SHALL MAIL OR ELECTRONICALLY SEND5
	489	+	THE NOTICE EACH YEAR ON OR BEFORE THE DATE ON WHICH THE6
	490	+	TREASURER MAILS THE PROPERTY TAX STATEMENT FOR THE PREVIOUS7
	491	+	PROPERTY TAX YEAR PURSUANT TO SECTION 39-10-103. THE8
	492	+	ADMINISTRATOR SHALL PRESCRIBE THE FORM OF THE NOTICE , WHICH MUST9
	493	+	INCLUDE A STATEMENT OF THE ELIGIBILITY CRITERIA FOR THE PRIMARY10
	494	+	RESIDENCE REAL PROPERTY AND QUALIFIED -SENIOR PRIMARY RESIDENCE11
	495	+	REAL PROPERTY CLASSIFICATIONS AND INSTRUCTIONS FOR OBTAINING A12
	496	+	RELATED APPLICATION.13
536	497		(b) T
537		-	O REDUCE MAILING COSTS, AN ASSESSOR MAY COORDINATE
538		-	WITH THE TREASURER OF THE SAME COUNTY TO INCLUDE NOTICE WITH THE
539		-	TAX STATEMENT FOR THE PREVIOUS PROPERTY TAX YEAR MAILED PURSUANT
540		-	TO SECTION
541		-	39-10-103, OR MAY INCLUDE NOTICE WITH THE NOTICE OF
542		-	VALUATION MAILED PURSUANT TO SECTION
543		-	39-5-121 (1)(a).
	498	+	O REDUCE MAILING COSTS, AN ASSESSOR MAY COORDINATE14
	499	+	WITH THE TREASURER OF THE SAME COUNTY TO INCLUDE NOTICE WITH THE15
	500	+	TAX STATEMENT FOR THE PREVIOUS PROPERTY TAX YEAR MAILED16
	501	+	PURSUANT TO SECTION 39-10-103, OR MAY INCLUDE NOTICE WITH THE17
	502	+	NOTICE OF VALUATION MAILED PURSUANT TO SECTION 39-5-121 (1)(a).18
544	503		(7) Notice of classification - appeal. (a) (I) E
545		-	XCEPT AS OTHERWISE
546		-	PROVIDED IN SUBSECTION
547		-	(7)(b) OF THIS SECTION, AN ASSESSOR SHALL ONLY
548		-	CLASSIFY PROPERTY AS QUALIFIED
549		-	-SENIOR PRIMARY RESIDENCE REAL
550		-	PROPERTY IF AN APPLICANT HAS TIMELY RETURNED AN APPLICATION IN
551		-	ACCORDANCE WITH SUBSECTION
552		-	(3) OF THIS SECTION THAT ESTABLISHES
553		-	THAT THE CLASSIFICATION IS APPROPRIATE
554		-	.
	504	+	XCEPT AS19
	505	+	OTHERWISE PROVIDED IN SUBSECTION (7)(b) OF THIS SECTION, AN20
	506	+	ASSESSOR SHALL ONLY CLASSIFY PROPERTY AS QUALIFIED -SENIOR21
	507	+	PRIMARY RESIDENCE REAL PROPERTY IF AN APPLICANT HAS TIMELY22
	508	+	RETURNED AN APPLICATION IN ACCORDANCE WITH SUBSECTION (3) OF THIS23
	509	+	SECTION THAT ESTABLISHES THAT THE CLASSIFICATION IS APPROPRIATE .24
555	510		(II) I
556		-	F THE INFORMATION PROVIDED ON OR WITH AN APPLICATION
557		-	INDICATES THAT THE APPLICANT IS NOT ENTITLED TO THE CLASSIFICATION
558		-	,
559		-	OR IS INSUFFICIENT TO ALLOW THE ASSESSOR TO DETERMINE WHETHER THE
560		-	PROPERTY MEETS THE CLASSIFICATION
561		-	, THE ASSESSOR SHALL DENY THE
562		-	APPLICATION AND MAIL TO THE APPLICANT A STATEMENT PROVIDING THE
563		-	REASONS FOR THE DENIAL AND INFORMING THE APPLICANT OF THE
564		-	PAGE 11-SENATE BILL 24-111 APPLICANT'S RIGHT TO CONTEST THE DENIAL PURSUANT TO SUBSECTION
565		-	(7)(b) OF THIS SECTION. THE ASSESSOR SHALL MAIL THE STATEMENT NO
566		-	LATER THAN
567		-	AUGUST 1 OF THE PROPERTY TAX YEAR FOR WHICH THE
568		-	APPLICATION WAS FILED
569		-	.
	511	+	F THE INFORMATION PROVIDED ON OR WITH AN APPLICATION25
	512	+	INDICATES THAT THE APPLICANT IS NOT ENTITLED TO THE CLASSIFICATION ,26
	513	+	OR IS INSUFFICIENT TO ALLOW THE ASSESSOR TO DETERMINE WHETHER THE27
	514	+	111
	515	+	-15- PROPERTY MEETS THE CLASSIFICATION , THE ASSESSOR SHALL DENY THE1
	516	+	APPLICATION AND MAIL TO THE APPLICANT A STATEMENT PROVIDING THE2
	517	+	REASONS FOR THE DENIAL AND INFORMING THE APPLICANT OF THE3
	518	+	APPLICANT'S RIGHT TO CONTEST THE DENIAL PURSUANT TO SUBSECTION4
	519	+	(7)(b)
	520	+	OF THIS SECTION. THE ASSESSOR SHALL MAIL THE STATEMENT NO5
	521	+	LATER THAN AUGUST 1 OF THE PROPERTY TAX YEAR FOR WHICH THE6
	522	+	APPLICATION WAS FILED.7
570	523		(b) (I) A
571		-	N APPLICANT WHOSE APPLICATION HAS BEEN DENIED MAY
572		-	CONTEST THE DENIAL BY REQUESTING A HEARING BEFORE THE COUNTY
573		-	COMMISSIONERS SITTING AS THE COUNTY BOARD OF EQUALIZATION NO
574		-	LATER THAN
575		-	AUGUST 15 OF THE PROPERTY TAX YEAR FOR WHICH THE
576		-	APPLICATION WAS FILED
577		-	. THE HEARING SHALL BE HELD ON OR AFTER
578		-	AUGUST 1 AND NO LATER THAN SEPTEMBER 1 OF THE PROPERTY TAX YEAR
579		-	FOR WHICH THE APPLICATION WAS FILED
580		-	, AND THE DECISION OF THE COUNTY
581		-	BOARD OF EQUALIZATION IS NOT SUBJECT TO FURTHER ADMINISTRATIVE
582		-	APPEAL BY EITHER THE APPLICANT OR THE ASSESSOR
583		-	.
	524	+	N APPLICANT WHOSE APPLICATION HAS BEEN DENIED MAY8
	525	+	CONTEST THE DENIAL BY REQUESTING A HEARING BEFORE THE COUNTY9
	526	+	COMMISSIONERS SITTING AS THE COUNTY BOARD OF E QUALIZATION NO10
	527	+	LATER THAN AUGUST 15 OF THE PROPERTY TAX YEAR FOR WHICH THE11
	528	+	APPLICATION WAS FILED. THE HEARING SHALL BE HELD ON OR AFTER12
	529	+	A
	530	+	UGUST 1 AND NO LATER THAN SEPTEMBER 1 OF THE PROPERTY TAX YEAR13
	531	+	FOR WHICH THE APPLICATION WAS FILED , AND THE DECISION OF THE14
	532	+	COUNTY BOARD OF EQUALIZATION IS NOT SUBJECT TO FURTHER15
	533	+	ADMINISTRATIVE APPEAL BY EITHER THE APPLICANT OR THE ASSESSOR .16
584	534		(II) A
585		-	N INDIVIDUAL WHO HAS NOT TIMELY FILED AN APPLICATION
586		-	WITH THE ASSESSOR BY
587		-	MARCH 15 MAY FILE A LATE APPLICATION NO LATER
588		-	THAN THE
589		-	JULY 15 THAT IMMEDIATELY FOLLOWS THAT DEADLINE . THE
590		-	ASSESSOR SHALL ACCEPT ANY SUCH APPLICATION BUT MAY NOT ACCEPT ANY
591		-	LATE APPLICATION FILED AFTER
592		-	JULY 15. A DECISION OF AN ASSESSOR TO
593		-	DISALLOW THE FILING OF A LATE APPLICATION AFTER
594		-	JULY 15 OR TO GRANT
595		-	OR DENY THE CLASSIFICATION TO AN APPLICANT WHO HAS FILED A LATE
596		-	APPLICATION AFTER
597		-	MARCH 15 BUT NO LATER THAN JULY 15 IS FINAL, AND
598		-	AN APPLICANT WHO IS DENIED LATE FILING OR CLASSIFICATION OF PROPERTY
599		-	AS QUALIFIED
600		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY MAY NOT
601		-	CONTEST THE DENIAL
602		-	.
603		-	(III) T
604		-	HE COUNTY BOARD OF EQUALIZATION MAY APPOINT
605		-	INDEPENDENT REFEREES TO CONDUCT HEARINGS REQUESTED PURSUANT TO
606		-	SUBSECTION
607		-	(7)(b)(I) OF THIS SECTION ON BEHALF OF THE COUNTY BOARD
608		-	AND TO MAKE FINDINGS AND SUBMIT RECOMMENDATIONS TO THE COUNTY
609		-	BOARD FOR ITS FINAL ACTION
610		-	.
	535	+	N INDIVIDUAL WHO HAS NOT TIMELY FILED AN APPLICATION17
	536	+	WITH THE ASSESSOR BY MARCH 15 MAY FILE A LATE APPLICATION NO18
	537	+	LATER THAN THE JULY 15 THAT IMMEDIATELY FOLLOWS THAT DEADLINE .19
	538	+	T
	539	+	HE ASSESSOR SHALL ACCEPT ANY SUCH APPLICATION BUT MAY NOT20
	540	+	ACCEPT ANY LATE APPLICATION FILED AFTER JULY 15. A DECISION OF AN21
	541	+	ASSESSOR TO DISALLOW THE FILING OF A LATE APPLICATION AFTER JULY22
	542	+	15
	543	+	OR TO GRANT OR DENY THE CLASSIFICATION TO AN APPLICANT WHO HAS23
	544	+	FILED A LATE APPLICATION AFTER MARCH 15 BUT NO LATER THAN JULY 1524
	545	+	IS FINAL, AND AN APPLICANT WHO IS DENIED LATE FILING OR25
	546	+	CLASSIFICATION OF PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE26
	547	+	REAL PROPERTY MAY NOT CONTEST THE DENIAL .27
	548	+	111
	549	+	-16- (III) THE COUNTY BOARD OF EQUALIZATION MAY APPOINT1
	550	+	INDEPENDENT REFEREES TO CONDUCT HEARINGS REQUESTED PURSUANT2
	551	+	TO SUBSECTION (7)(b)(I) OF THIS SECTION ON BEHALF OF THE COUNTY3
	552	+	BOARD AND TO MAKE FINDINGS AND SUBMIT RECOMMENDATIONS TO THE4
	553	+	COUNTY BOARD FOR ITS FINAL ACTION .5
611	554		(8) Reporting to administrator. (a) N
612	555		O LATER THAN SEPTEMBER
613		-	~~10, 2025, AND SEPTEMBER 10 OF EACH YEAR THEREAFTER, EACH ASSESSOR~~
614		-	~~SHALL FORWARD TO THE ADMINISTRATOR A REPORT ON THE RESIDENTIAL~~
615		-	~~REAL PROPERTY IN THE ASSESSOR~~
616		-	~~'S COUNTY THAT QUALIFIES FOR~~
617		-	~~CLASSIFICATION AS QUALIFIED~~
618		-	~~-SENIOR PRIMARY RESIDENCE~~ REAL PROPERTY
619		-	FOR ~~THE CURRENT PROPERTY TAX YEAR~~
620		-	. FOR EACH UNIT ~~OF RESIDENTIAL~~
621		-	REAL PROPERTY
622		-	~~, THE REPORT MUST INCLUDE:~~
623		-	~~PAGE 12-SENATE BILL 24-111 (I) THE~~ LEGAL DESCRIPTION OF THE PROPERTY ;
	556	+	6
	557	+	10,
	558	+	2025, AND SEPTEMBER 10
	559	+	OF EACH YEAR THEREAFTER , EACH7
	560	+	ASSESSOR SHALL FORWARD TO THE ADMINISTRATOR A REPORT ON THE8
	561	+	RESIDENTIAL REAL PROPERTY IN THE ASSESSOR'S COUNTY THAT QUALIFIES9
	562	+	FOR CLASSIFICATION AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL10
	563	+	PROPERTY FOR THE CURRENT PROPERTY TAX YEAR . FOR EACH UNIT OF11
	564	+	RESIDENTIAL REAL PROPERTY, THE REPORT MUST INCLUDE:12
	565	+	(I) T
	566	+	HE LEGAL DESCRIPTION OF THE PROPERTY ;13
624	567		(II) T
625		-	HE SCHEDULE OR PARCEL NUMBER FOR THE PROPERTY ;
	568	+	HE SCHEDULE OR PARCEL NUMBER FOR THE PROPERTY ;14
626	569		(III) T
627		-	HE NAME AND SOCIAL SECURITY NUMBER OF THE APPLICANT
628		-	WHO CLAIMED THE CLASSIFICATION FOR THE PROPERTY AND
629		-	, IF APPLICABLE,
630		-	THE APPLICANT'S SPOUSE OR CIVIL UNION PARTNER WHO OCCUPIES THE
631		-	PROPERTY
632		-	;
	570	+	HE NAME AND SOCIAL SECURITY NUMBER OF THE APPLICANT15
	571	+	WHO CLAIMED THE CLASSIFICATION FOR THE PROPERTY AND , IF16
	572	+	APPLICABLE, THE APPLICANT'S SPOUSE OR CIVIL UNION PARTNER WHO17
	573	+	OCCUPIES THE PROPERTY;18
633	574		(IV) A
634		-	STATEMENT OF WHAT THE VALUATION FOR ASSESSMENT OF
635		-	THE PROPERTY WOULD BE IF IT HAD NOT QUALIFIED AS QUALIFIED
636		-	-SENIOR
637		-	PRIMARY RESIDENCE REAL PROPERTY AND THE VALUATION FOR ASSESSMENT
638		-	OF THE PROPERTY AS QUALIFIED
639		-	-SENIOR PRIMARY RESIDENCE REAL
640		-	PROPERTY
641		-	; AND
642		-	(V) ANY OTHER INFORMATION THAT THE ADMINISTRATOR
643		-	REASONABLY DEEMS NECESSARY
644		-	.
	575	+	STATEMENT OF WHAT THE VALUATION FOR ASSESSMENT OF19
	576	+	THE PROPERTY WOULD BE IF IT HAD NOT QUALIFIED AS QUALIFIED -SENIOR20
	577	+	PRIMARY RESIDENCE REAL PROPERTY AND THE VALUATION FOR21
	578	+	ASSESSMENT OF THE PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE22
	579	+	REAL PROPERTY; AND23
	580	+	(V) A
	581	+	NY OTHER INFORMATION THAT THE ADMINISTRATOR24
	582	+	REASONABLY DEEMS NECESSARY .25
645	583		(b) (I) T
646		-	HE ADMINISTRATOR SHALL EXAMINE THE REPORTS SENT BY
647		-	EACH ASSESSOR PURSUANT TO SUBSECTION
648		-	(8)(a) OF THIS SECTION TO
649		-	ENSURE THAT NO APPLICANT HAS APPLIED FOR A QUALIFIED
650		-	-SENIOR PRIMARY
651		-	RESIDENCE REAL PROPERTY CLASSIFICATION WITHOUT MEETING ALL LEGAL
652		-	REQUIREMENTS FOR OBTAINING THE CLASSIFICATION
653		-	. NO LATER THAN
654		-	NOVEMBER 1, 2025, AND NOVEMBER 1 OF EACH YEAR THEREAFTER, IF THE
655		-	ADMINISTRATOR DETERMINES THAT AN APPLICANT HAS APPLIED FOR MORE
656		-	THAN ONE PROPERTY TO BE CLASSIFIED AS QUALIFIED
657		-	-SENIOR PRIMARY
658		-	RESIDENCE REAL PROPERTY
659		-	, THE ADMINISTRATOR SHALL PROVIDE WRITTEN
660		-	NOTICE TO THE APPLICANT THAT THE APPLICANT HAS APPLIED FOR MORE
661		-	THAN ONE SUCH CLASSIFICATION AND IS THEREFORE NOT ENTITLED TO THE
662		-	CLASSIFICATION FOR ANY PROPERTY
663		-	. IF THE ADMINISTRATOR DETERMINES
664		-	THAT THE APPLICANT AND THE APPLICANT
665		-	'S SPOUSE HAVE APPLIED FOR
666		-	SEPARATE PROPERTIES TO BE CLASSIFIED AS QUALIFIED
667		-	-SENIOR PRIMARY
668		-	RESIDENCE REAL PROPERTY
669		-	, THAT THE CLASSIFICATION WAS APPLIED FOR IN
670		-	VIOLATION OF SUBSECTION
671		-	(4) OF THIS SECTION, THAT THE APPLICANT HAS
672		-	CLAIMED THE CLASSIFICATION FOR RESIDENTIAL REAL PROPERTY THAT THE
673		-	APPLICANT DOES NOT OWN AND OCCUPY AS THE APPLICANT
674		-	'S PRIMARY
675		-	RESIDENCE AS REQUIRED BY SUBSECTION
676		-	(2)(a) OF THIS SECTION, OR THAT
677		-	THE APPLICANT IS OTHERWISE INELIGIBLE FOR THE CLASSIFICATION
678		-	, THE
679		-	ADMINISTRATOR SHALL PROVIDE WRITTEN NOTICE TO AN APPLICANT THAT
680		-	THE APPLICANT IS INELIGIBLE AND THE REASON FOR THE INELIGIBILITY
681		-	. THE
682		-	PAGE 13-SENATE BILL 24-111 NOTICE MUST ALSO INCLUDE A STATEMENT SPECIFYING THE DEADLINE AND
683		-	PROCEDURES FOR PROTESTING THE DENIAL OF THE CLASSIFICATION OR
684		-	CLASSIFICATIONS CLAIMED
685		-	.
	584	+	HE ADMINISTRATOR SHALL EXAMINE THE REPORTS SENT26
	585	+	BY EACH ASSESSOR PURSUANT TO SUBSECTION (8)(a) OF THIS SECTION TO27
	586	+	111
	587	+	-17- ENSURE THAT NO APPLICANT HAS APPLIED FOR A QUALIFIED -SENIOR1
	588	+	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION WITHOUT MEETING2
	589	+	ALL LEGAL REQUIREMENTS FOR OBTAINING THE CLASSIFICATION . NO3
	590	+	LATER THAN NOVEMBER 1, 2025, AND NOVEMBER 1 OF EACH YEAR4
	591	+	THEREAFTER, IF THE ADMINISTRATOR DETERMINES THAT AN APPLICANT5
	592	+	HAS APPLIED FOR MORE THAN ONE PROPERTY TO BE CLASSIFIED AS6
	593	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY , THE7
	594	+	ADMINISTRATOR SHALL PROVIDE WRITTEN NOTICE TO THE APPLICANT8
	595	+	THAT THE APPLICANT HAS APPLIED FOR MORE THAN ONE SUCH9
	596	+	CLASSIFICATION AND IS THEREFORE NOT ENTITLED TO THE CLASSIFICATION10
	597	+	FOR ANY PROPERTY. IF THE ADMINISTRATOR DETERMINES THAT THE11
	598	+	APPLICANT AND THE APPLICANT 'S SPOUSE HAVE APPLIED FOR SEPARATE12
	599	+	PROPERTIES TO BE CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE13
	600	+	REAL PROPERTY, THAT THE CLASSIFICATION WAS APPLIED FOR IN14
	601	+	VIOLATION OF SUBSECTION (4) OF THIS SECTION, THAT THE APPLICANT HAS15
	602	+	CLAIMED THE CLASSIFICATION FOR RESIDENTIAL REAL PROPERTY THAT THE16
	603	+	APPLICANT DOES NOT OWN AND OCCUPY AS THE APPLICANT 'S PRIMARY17
	604	+	RESIDENCE AS REQUIRED BY SUBSECTION (2)(a) OF THIS SECTION, OR THAT18
	605	+	THE APPLICANT IS OTHERWISE INELIGIBLE FOR THE CLASSIFICATION , THE19
	606	+	ADMINISTRATOR SHALL PROVIDE WRITTEN NOTICE TO AN APPLICANT THAT20
	607	+	THE APPLICANT IS INELIGIBLE AND THE REASON FOR THE INELIGIBILITY .21
	608	+	T
	609	+	HE NOTICE MUST ALSO INCLUDE A STATEMENT SPECIFYING THE DEADLINE22
	610	+	AND PROCEDURES FOR PROTESTING THE DENIAL OF THE CLASSIFICATION23
	611	+	OR CLASSIFICATIONS CLAIMED.24
686	612		(II) A
687		-	N APPLICANT WHOSE APPLICATION FOR A QUALIFIED -SENIOR
688		-	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION IS DENIED BY THE
689		-	ADMINISTRATOR PURSUANT TO SUBSECTION
690		-	(8)(b)(I) OF THIS SECTION MAY
691		-	FILE A WRITTEN PROTEST WITH THE ADMINISTRATOR NO LATER THAN
692		-	NOVEMBER 15 OF THE YEAR IN WHICH THE CLASSIFICATION WAS DENIED . A
693		-	WRITTEN PROTEST RETURNED BY MAIL IS DEEMED FILED ON THE DATE IT IS
694		-	POSTMARKED
695		-	. IF THE GROUND FOR THE DENIAL IS THAT THE APPLICANT , OR
696		-	THE APPLICANT AND THE APPLICANT
697		-	'S SPOUSE OR CIVIL UNION PARTNER,
698		-	CLAIMED MULTIPLE CLASSIFICATIONS, THE SOLE GROUND FOR A PROTEST IS
699		-	THAT THE APPLICANT
700		-	, OR THE APPLICANT AND THE APPLICANT'S SPOUSE OR
701		-	CIVIL UNION PARTNER
702		-	, FILED ONLY ONE CLAIM FOR THE CLASSIFICATION ,
703		-	AND THE PROTEST MUST SPECIFY THE PROPERTY IDENTIFIED BY THE
704		-	ADMINISTRATOR IN THE NOTICE DENYING THE CLASSIFICATION FOR WHICH
705		-	NO CLASSIFICATION WAS CLAIMED
706		-	. IF THE GROUND FOR THE DENIAL IS THAT
707		-	THE APPLICANT IS NOT AN OWNER
708		-	-OCCUPIER OF THE RESIDENTIAL REAL
709		-	PROPERTY FOR WHICH THE CLASSIFICATION IS CLAIMED
710		-	, THE SOLE GROUNDS
711		-	FOR A PROTEST ARE THAT THE APPLICANT ACTUALLY IS AN OWNER
712		-	-OCCUPIER
713		-	AND THAT THE APPLICANT QUALIFIES FOR THE CLASSIFICATION
714		-	. IF A PROTEST
715		-	IS DENIED
716		-	, THE ADMINISTRATOR SHALL MAIL THE APPLICANT A WRITTEN
717		-	STATEMENT OF THE BASIS FOR THE DENIAL AND A COPY OF EACH
718		-	CLASSIFICATION APPLICATION FILED WITH AN ASSESSOR THAT THE
719		-	APPLICANT CLAIMED HAD NOT BEEN FILED
720		-	.
	613	+	N APPLICANT WHOSE APPLICATION FOR A QUALIFIED -SENIOR25
	614	+	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION IS DENIED BY THE26
	615	+	ADMINISTRATOR PURSUANT TO SUBSECTION (8)(b)(I) OF THIS SECTION27
	616	+	111
	617	+	-18- MAY FILE A WRITTEN PROTEST WITH THE ADMINISTRATOR NO LATER THAN1
	618	+	N
	619	+	OVEMBER 15 OF THE YEAR IN WHICH THE CLASSIFICATION WAS DENIED .2
	620	+	A
	621	+	WRITTEN PROTEST
	622	+	RETURNED BY MAIL IS DEEMED FILED ON THE DATE3
	623	+	IT IS POSTMARKED. IF THE GROUND FOR THE DENIAL IS THAT THE4
	624	+	APPLICANT, OR THE APPLICANT AND THE APPLICANT 'S SPOUSE OR CIVIL5
	625	+	UNION PARTNER, CLAIMED MULTIPLE CLASSIFICATIONS, THE SOLE GROUND6
	626	+	FOR A PROTEST IS THAT THE APPLICANT , OR THE APPLICANT AND THE7
	627	+	APPLICANT'S SPOUSE OR CIVIL UNION PARTNER, FILED ONLY ONE CLAIM8
	628	+	FOR THE CLASSIFICATION, AND THE PROTEST MUST SPECIFY THE PROPERTY9
	629	+	IDENTIFIED BY THE ADMINISTRATOR IN THE NOTICE DENYING THE10
	630	+	CLASSIFICATION FOR WHICH NO CLASSIFICATION WAS CLAIMED . IF THE11
	631	+	GROUND FOR THE DENIAL IS THAT THE APPLICANT IS NOT AN12
	632	+	OWNER-OCCUPIER OF THE RESIDENTIAL REAL PROPERTY FOR WHICH THE13
	633	+	CLASSIFICATION IS CLAIMED, THE SOLE GROUNDS FOR A PROTEST ARE THAT14
	634	+	THE APPLICANT ACTUALLY IS AN OWNER -OCCUPIER AND THAT THE15
	635	+	APPLICANT QUALIFIES FOR THE CLASSIFICATION. IF A PROTEST IS DENIED,16
	636	+	THE ADMINISTRATOR SHALL MAIL THE APPLICANT A WRITTEN STATEMENT17
	637	+	OF THE BASIS FOR THE DENIAL AND A COPY OF EACH CLASSIFICATION18
	638	+	APPLICATION FILED WITH AN ASSESSOR THAT THE APPLICANT CLAIMED19
	639	+	HAD NOT BEEN FILED.20
721	640		(c) N
722		-	O LATER THAN DECEMBER 1, 2025, AND EACH DECEMBER 1
723		-	THEREAFTER, AND AFTER EXAMINING THE REPORTS SENT BY EACH ASSESSOR ,
724		-	DENYING APPLICATIONS FOR CLASSIFICATION OF PROPERTY AS
725		-	QUALIFIED
726		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY , AND DECIDING
727		-	PROTESTS IN ACCORDANCE WITH SUBSECTION
728		-	(8)(b) OF THIS SECTION, THE
729		-	ADMINISTRATOR SHALL PROVIDE WRITTEN NOTICE TO THE ASSESSOR OF
730		-	EACH COUNTY IN WHICH AN APPLICATION HAS BEEN DENIED BECAUSE THE
731		-	APPLICANT WAS INELIGIBLE THAT INCLUDES THE IDENTITY OF EACH DENIED
732		-	APPLICANT AND THE REASON FOR EACH DENIAL
733		-	.
	641	+	O LATER THAN DECEMBER 1, 2025, AND EACH DECEMBER 121
	642	+	THEREAFTER, AND AFTER EXAMINING THE REPORTS SENT BY EACH22
	643	+	ASSESSOR, DENYING APPLICATIONS FOR CLASSIFICATION OF PROPERTY AS23
	644	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY , AND DECIDING24
	645	+	PROTESTS IN ACCORDANCE WITH SUBSECTION (8)(b) OF THIS SECTION, THE25
	646	+	ADMINISTRATOR SHALL PROVIDE WRITTEN NOTICE TO THE ASSESSOR OF26
	647	+	EACH COUNTY IN WHICH AN APPLICATION HAS BEEN DENIED BECAUSE THE27
	648	+	111
	649	+	-19- APPLICANT WAS INELIGIBLE THAT INCLUDES THE IDENTITY OF EACH1
	650	+	DENIED APPLICANT AND THE REASON FOR EACH DENIAL .2
734	651		(d) N
735		-	O LATER THAN JANUARY 10, 2026, AND EACH JANUARY 10
736		-	THEREAFTER, EACH ASSESSOR SHALL FORWARD TO THE ADMINISTRATOR A
737		-	PARTIAL COPY OF THE TAX WARRANT FOR THE ASSESSOR
738		-	'S COUNTY THAT
739		-	PAGE 14-SENATE BILL 24-111 INCLUDES ONLY PROPERTY FOR WHICH THE ASSESSOR HAS GRANTED AN
740		-	APPLICATION FOR CLASSIFICATION AS QUALIFIED
741		-	-SENIOR PRIMARY
742		-	RESIDENCE REAL PROPERTY
743		-	. THE ADMINISTRATOR SHALL EXAMINE THE TAX
744		-	WARRANTS TO ENSURE THAT NO ADDITI ONAL CLASSIFICATIONS OF PROPERTY
745		-	AS QUALIFIED
746		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY HAVE BEEN
747		-	ALLOWED SINCE THE ADMINISTRATOR EXAMINED THE REPORTS PREVIOUSLY
748		-	RECEIVED FROM THE ASSESSORS AND THAT EACH ASSESSOR HAS REMOVED
749		-	FROM THE TAX WARRANT ALL SUCH CLASSIFICATIONS THAT THE
750		-	ADMINISTRATOR PREVIOUSLY DENIED
751		-	. NO LATER THAN JANUARY 17, 2026,
752		-	AND NO LATER THAN EACH JANUARY 17 THEREAFTER, THE ADMINISTRATOR
753		-	SHALL NOTIFY EACH ASSESSOR AND EACH TREASURER OF ANY SUCH
754		-	CLASSIFICATIONS TO BE REMOVED FROM THE TAX WARRANT
755		-	.
756		-	(9) Reporting and reimbursement of property tax revenue
	652	+	O LATER THAN JANUARY 10, 2026, AND EACH JANUARY 103
	653	+	THEREAFTER, EACH ASSESSOR SHALL FORWARD TO THE ADMINISTRATOR4
	654	+	A PARTIAL COPY OF THE TAX WARRANT FOR THE ASSESSOR 'S COUNTY THAT5
	655	+	INCLUDES ONLY PROPERTY FOR WHICH THE ASSESSOR HAS GRANTED AN6
	656	+	APPLICATION FOR CLASSIFICATION AS QUALIFIED -SENIOR PRIMARY7
	657	+	RESIDENCE REAL PROPERTY. THE ADMINISTRATOR SHALL EXAMINE THE8
	658	+	TAX WARRANTS TO ENSURE THAT NO ADDITIONAL CLASSIFICATIONS OF9
	659	+	PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY10
	660	+	HAVE BEEN ALLOWED SINCE THE ADMINISTRATOR EXAMINED THE REPORTS11
	661	+	PREVIOUSLY RECEIVED FROM THE ASSESSORS AND THAT EACH ASSESSOR12
	662	+	HAS REMOVED FROM THE TAX WARRANT ALL SUCH CLASSIFICATIONS THAT13
	663	+	THE ADMINISTRATOR PREVIOUSLY DENIED . NO LATER THAN JANUARY 17,14
	664	+	2026,
	665	+	AND NO LATER THAN EACH JANUARY 17 THEREAFTER, THE15
	666	+	ADMINISTRATOR SHALL NOTIFY EACH ASSESSOR AND EACH TREASURER OF16
	667	+	ANY SUCH CLASSIFICATIONS TO BE REMOVED FROM THE TAX WARRANT .17
	668	+	(9) Reporting and reimbursement of property tax revenue18
757	669		reductions. (a) N
758		-	O LATER THAN MARCH 1, 2026, AND NO LATER THAN
759		-	MARCH 1, 2027, EACH TREASURER SHALL FORWARD TO THE ADMINISTRATOR
760		-	A REPORT ON THE PROPERTIES IN THE ASSESSOR
761		-	'S COUNTY THAT WERE
762		-	CLASSIFIED AS QUALIFIED
763		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY FOR
764		-	THE PREVIOUS PROPERTY TAX YEAR
765		-	. THE ADMINISTRATOR SHALL
766		-	CROSS
767		-	-CHECK THE REPORT AS SPECIFIED IN SUBSECTION (9)(b) OF THIS
768		-	SECTION BEFORE CORRECTING IT
769		-	, IF NECESSARY, AND FORWARDING IT TO THE
770		-	STATE TREASURER TO ENABLE THE STATE TREASURER TO ISSUE A
771		-	REIMBURSEMENT WARRANT TO EACH TREASURER IN ACCORDANCE WITH
772		-	SUBSECTION
773		-	(9)(c) OF THIS SECTION. THE REPORT MUST INCLUDE:
	670	+	O LATER THAN MARCH 1, 2026, AND NO LATER THAN19
	671	+	M
	672	+	ARCH
	673	+	1, 2027, EACH TREASURER SHALL FORWARD TO THE20
	674	+	ADMINISTRATOR A REPORT ON THE PROPERTIES IN THE ASSESSOR 'S COUNTY21
	675	+	THAT WERE CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL22
	676	+	PROPERTY FOR THE PREVIOUS PROPERTY TAX YEAR . THE ADMINISTRATOR23
	677	+	SHALL CROSS-CHECK THE REPORT AS SPECIFIED IN SUBSECTION (9)(b) OF24
	678	+	THIS SECTION BEFORE CORRECTING IT, IF NECESSARY, AND FORWARDING25
	679	+	IT TO THE STATE TREASURER TO ENABLE THE STATE TREASURER TO ISSUE26
	680	+	A REIMBURSEMENT WARRANT TO EACH TREASURER IN ACCORDANCE WITH27
	681	+	111
	682	+	-20- SUBSECTION (9)(c) OF THIS SECTION. THE REPORT MUST INCLUDE:1
774	683		(I) A
775		-	STATEMENT OF THE TOTAL REDUCTION IN VALUATION FOR
776		-	ASSESSMENT IN THE COUNTY RESULTING FROM THE CLASSIFICATION OF
777		-	RESIDENTIAL REAL PROPERTY AS QUALIFIED
778		-	-SENIOR PRIMARY RESIDENCE
779		-	REAL PROPERTY AND THE TOTAL PROPERTY TAX REVENUE LOST BY LOCAL
780		-	GOVERNMENTAL ENTITIES WITHIN THE COUNTY AS A RESULT OF THAT
781		-	CLASSIFICATION THAT MUST BE REIMBURSED BY THE STATE
782		-	;
	684	+	STATEMENT OF THE TOTAL REDUCTION IN VALUATION FOR2
	685	+	ASSESSMENT IN THE COUNTY RESULTING FROM THE CLASSIFICATION OF3
	686	+	RESIDENTIAL REAL PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE4
	687	+	REAL PROPERTY AND THE TOTAL PROPERTY TAX REVENUE LOST BY LOCAL5
	688	+	GOVERNMENTAL ENTITIES WITHIN THE COUNTY AS A RESULT OF THAT6
	689	+	CLASSIFICATION THAT MUST BE REIMBURSED BY THE STATE ;7
783	690		(II) W
784		-	ITH RESPECT TO EACH UNIT OF RESIDENTIAL REAL PROPERTY
785		-	THAT IS CLASSIFIED AS QUALIFIED
786		-	-SENIOR PRIMARY RESIDENCE REAL
787		-	PROPERTY
788		-	:
	691	+	ITH RESPECT TO EACH UNIT OF RESIDENTIAL REAL PROPERTY8
	692	+	THAT IS CLASSIFIED AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL9
	693	+	PROPERTY:10
789	694		(A) T
790		-	HE LEGAL DESCRIPTION OF THE PROPERTY ;
	695	+	HE LEGAL DESCRIPTION OF THE PROPERTY ;11
791	696		(B) T
792		-	HE SCHEDULE OR PARCEL NUMBER FOR THE PROPERTY ;
793		-	~~PAGE 15-SENATE BILL 24-111~~ (C) ~~THE NAME OF THE APPLICANT WHO APPLIED FOR AND OBTAINED~~
794		-	THE ~~CLASSIFICATION~~ FOR ~~THE PROPERTY AND EACH ADDITIONAL PERSON~~
795		-	~~WHO OCCUPIES~~ THE PROPERTY
796		-	;
	697	+	HE SCHEDULE OR PARCEL NUMBER FOR THE PROPERTY ;12
	698	+	(C) T
	699	+	HE NAME OF THE APPLICANT WHO APPLIED FOR AND13
	700	+	OBTAINED THE CLASSIFICATION FOR THE PROPERTY AND EACH ADDITIONAL14
	701	+	PERSON WHO OCCUPIES THE PROPERTY ;15
797	702		(D) A
798		-	STATEMENT OF WHAT THE VALUATION FOR ASSESSMENT OF
799		-	THE PROPERTY WOULD BE IF IT HAD NOT QUALIFIED AS QUALIFIED
800		-	-SENIOR
801		-	PRIMARY RESIDENCE REAL PROPERTY AND THE VALUATION FOR ASSESSMENT
802		-	OF THE PROPERTY AS QUALIFIED
803		-	-SENIOR PRIMARY RESIDENCE REAL
804		-	PROPERTY AND THE AMOUNT OF TAXES DUE ON THE PROPERTY
805		-	; AND
806		-	(E) ANY OTHER INFORMATION THAT THE ADMINISTRATOR
807		-	REASONABLY DEEMS NECESSARY
808		-	.
	703	+	STATEMENT OF WHAT THE VALUATION FOR ASSESSMENT OF16
	704	+	THE PROPERTY WOULD BE IF IT HAD NOT QUALIFIED AS QUALIFIED -SENIOR17
	705	+	PRIMARY RESIDENCE REAL PROPERTY AND THE VALUATION FOR18
	706	+	ASSESSMENT OF THE PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE19
	707	+	REAL PROPERTY AND THE AMOUNT OF TAXES DUE ON THE PROPERTY ; AND20
	708	+	(E) A
	709	+	NY OTHER INFORMATION THAT THE ADMINISTRATOR21
	710	+	REASONABLY DEEMS NECESSARY .22
809	711		(b) A
810		-	FTER RECEIVING REPORTS FROM EACH TREASURER PURSUANT
811		-	TO SUBSECTION
812		-	(9)(a) OF THIS SECTION, THE ADMINISTRATOR SHALL
813		-	CROSS
814		-	-CHECK THE REPORTS TO IDENTIFY ANY CLASSIFICATION OF PROPERTY
815		-	AS QUALIFIED
816		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY ALLOWED IN A
817		-	COUNTY THAT MUST BE DENIED DUE TO A FAILURE OF THE INDIVIDUAL
818		-	ALLOWED THE CLASSIFICATION TO SATISFY ALL LEGAL REQUIREMENTS FOR
819		-	OBTAINING THE CLASSIFICATION
820		-	. THE ADMINISTRATOR SHALL REMOVE ANY
821		-	CLASSIFICATION OF PROPERTY AS QUALIFIED
822		-	-SENIOR PRIMARY RESIDENCE
823		-	REAL PROPERTY THAT MUST BE DENIED FROM THE REPORT IN WHICH IT
824		-	APPEARS AND SHALL FORWARD ALL REPORTS TO THE STATE TREASURER NO
825		-	LATER THAN THE
826		-	APRIL 1 IMMEDIATELY FOLLOWING THE RECEIPT OF THE
827		-	REPORTS BY THE ADMINISTRATOR
828		-	. IN ADDITION, IF THE ADMINISTRATOR
829		-	IDENTIFIES ANY CLASSIFICATION OF PROPERTY AS QUALIFIED
830		-	-SENIOR
831		-	PRIMARY RESIDENCE REAL PROPERTY THAT WAS IMPROPERLY ALLOWED FOR
832		-	A PRIOR PROPERTY TAX YEAR FOR WHICH THE STATE TREASURER
833		-	REIMBURSED A TREASURER PURSUANT TO SUBSECTION
834		-	(9)(c) OF THIS
835		-	SECTION OR IDENTIFIES ANY CLASSIFICATION PROPERLY ALLOWED FOR SUCH
836		-	A PRIOR PROPERTY TAX YEAR FOR WHICH THE STATE TREASURER DID NOT
837		-	REIMBURSE A TREASURER
838		-	, THE ADMINISTRATOR SHALL ADVISE THE STATE
839		-	TREASURER TO ADJUST THE CURRENT YEAR REIMBURSEMENT TO THE
840		-	TREASURER TO CORRECT THE ERROR
841		-	. NO LATER THAN THAT APRIL 1, THE
842		-	ADMINISTRATOR SHALL ALSO NOTIFY THE TREASURER AND ASSESSOR OF
843		-	EACH COUNTY OF ALL CLASSIFICATIONS OF PROPERTY AS QUALIFIED
844		-	-SENIOR
845		-	PRIMARY RESIDENCE REAL PROPERTY REMOVED FROM THE REPORT FOR THE
846		-	COUNTY AND ANY RESULTING AND OTHER ADJUSTMENTS TO THE AMOUNT OF
847		-	CURRENT YEAR REIMBURSEMENT TO BE PAID BY THE STATE TREASURER TO
848		-	THE TREASURER
849		-	.
850		-	PAGE 16-SENATE BILL 24-111 (c) (I) (A) NO LATER THAN APRIL 15, 2026, AND NO LATER THAN
851		-	APRIL 15, 2027, THE STATE TREASURER SHALL ISSUE A WARRANT TO EACH
852		-	TREASURER FOR THE AMOUNT NEEDED TO FULLY REIMBURSE ALL LOCAL
853		-	GOVERNMENTAL ENTITIES WITHIN THE TREASURER
854		-	'S COUNTY FOR THE TOTAL
855		-	PROPERTY TAX REVENUE LOST FOR THE PRIOR PROPERTY TAX YEAR THAT
856		-	ARE PAYABLE DURING THE YEAR IN WHICH THE STATE TREASURER ISSUES
857		-	THE WARRANT
858		-	. THE REIMBURSEMENT MUST BE PAID FROM THE STATE
859		-	GENERAL FUND AND IS NOT SUBJECT TO THE STATUTORY LIMITATION ON
860		-	STATE GENERAL FUND APPROPRIATIONS SET FORTH IN SECTION
861		-	24-75-201.1.
	712	+	FTER RECEIVING REPORTS FROM EACH TREASURER PURSUANT23
	713	+	TO SUBSECTION (9)(a) OF THIS SECTION, THE ADMINISTRATOR SHALL24
	714	+	CROSS-CHECK THE REPORTS TO IDENTIFY ANY CLASSIFICATION OF25
	715	+	PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY26
	716	+	ALLOWED IN A COUNTY THAT MUST BE DENIED DUE TO A FAILURE OF THE27
	717	+	111
	718	+	-21- INDIVIDUAL ALLOWED THE CLASSIFICATION TO SATISFY ALL LEGAL1
	719	+	REQUIREMENTS FOR OBTAINING THE CLASSIFICATION . THE2
	720	+	ADMINISTRATOR SHALL REMOVE ANY CLASSIFICATION OF PROPERTY AS3
	721	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY THAT MUST BE4
	722	+	DENIED FROM THE REPORT IN WHICH IT APPEARS AND SHALL FORWARD ALL5
	723	+	REPORTS TO THE STATE TREASURER NO LATER THAN THE APRIL 16
	724	+	IMMEDIATELY FOLLOWING THE RECEIPT OF THE REPORTS BY THE7
	725	+	ADMINISTRATOR. IN ADDITION, IF THE ADMINISTRATOR IDENTIFIES ANY8
	726	+	CLASSIFICATION OF PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE9
	727	+	REAL PROPERTY THAT WAS IMPROPERLY ALLOWED FOR A PRIOR PROPERTY10
	728	+	TAX YEAR FOR WHICH THE STATE TREASURER REIMBURSED A TREASURER11
	729	+	PURSUANT TO SUBSECTION (9)(c) OF THIS SECTION OR IDENTIFIES ANY12
	730	+	CLASSIFICATION PROPERLY ALLOWED FOR SUCH A PRIOR PROPERTY TAX13
	731	+	YEAR FOR WHICH THE STATE TREASURER DID NOT REIMBURSE A14
	732	+	TREASURER, THE ADMINISTRATOR SHALL ADVISE THE STATE TREASURER15
	733	+	TO ADJUST THE CURRENT YEAR REIMBURSEMENT TO THE TREASURER TO16
	734	+	CORRECT THE ERROR. NO LATER THAN THAT APRIL 1, THE ADMINISTRATOR17
	735	+	SHALL ALSO NOTIFY THE TREASURER AND ASSESSOR OF EACH COUNTY OF18
	736	+	ALL CLASSIFICATIONS OF PROPERTY AS QUALIFIED -SENIOR PRIMARY19
	737	+	RESIDENCE REAL PROPERTY REMOVED FROM THE REPORT FOR THE COUNTY20
	738	+	AND ANY RESULTING AND OTHER ADJUSTMENTS TO THE AMOUNT OF21
	739	+	CURRENT YEAR REIMBURSEMENT TO BE PAID BY THE STATE TREASURER TO22
	740	+	THE TREASURER.23
	741	+	(c) (I) (A) N
	742	+	O LATER THAN APRIL 15, 2026, AND NO LATER THAN24 APRIL 15, 2027, THE STATE TREASURER SHALL ISSUE A WARRANT TO EACH25
	743	+	TREASURER FOR THE AMOUNT NEEDED TO FULLY REIMBURSE ALL LOCAL26
	744	+	GOVERNMENTAL ENTITIES WITHIN THE TREASURER 'S COUNTY FOR THE27
	745	+	111
	746	+	-22- TOTAL PROPERTY TAX REVENUE LOST FOR THE PRIOR PROPERTY TAX YEAR1
	747	+	THAT ARE PAYABLE DURING THE YEAR IN WHICH THE STATE TREASURER2
	748	+	ISSUES THE WARRANT. THE REIMBURSEMENT MUST BE PAID FROM THE3
	749	+	STATE GENERAL FUND AND IS NOT SUBJECT TO THE STATUTORY4
	750	+	LIMITATION ON STATE GENERAL FUND APPROPRIATIONS SET FORTH IN5
	751	+	SECTION 24-75-201.1.6
862	752		(B) A
863		-	S USED IN SUBSECTION (9)(c)(I)(A) OF THIS SECTION, "TOTAL
864		-	PROPERTY TAX REVENUE LOST
865		-	" INCLUDES ONLY REVENUE LOST AS A RESULT
866		-	OF CLASSIFICATIONS OF PROPERTY AS QUALIFIED
867		-	-SENIOR RESIDENTIAL REAL
868		-	PROPERTY PROPERLY ALLOWED IN ACCORDANCE WITH THE REQUIREMENTS
869		-	OF THIS SECTION AND DOES NOT INCLUDE ANY REVENUE LOST AS A RESULT
870		-	OF SUCH A CLASSIFICATION BEING ERRONEOUSLY ALLOWED
871		-	.
	753	+	S USED IN SUBSECTION (9)(c)(I)(A) OF THIS SECTION, "TOTAL7
	754	+	PROPERTY TAX REVENUE LOST " INCLUDES ONLY REVENUE LOST AS A8
	755	+	RESULT OF CLASSIFICATIONS OF PROPERTY AS QUALIFIED -SENIOR9
	756	+	RESIDENTIAL REAL PROPERTY PROPERLY ALLOWED IN ACCORDANCE WITH10
	757	+	THE REQUIREMENTS OF THIS SECTION AND DOES NOT INCLUDE ANY11
	758	+	REVENUE LOST AS A RESULT OF SUCH A CLASSIFICATION BEING12
	759	+	ERRONEOUSLY ALLOWED .13
872	760		(II) E
873		-	ACH TREASURER SHALL DISTRIBUTE THE TOTAL AMOUNT
874		-	RECEIVED FROM THE STATE TREASURER PURSUANT TO SUBSECTION
875		-	(9)(c)(I)(A) OF THIS SECTION TO THE LOCAL GOVERNMENTAL ENTITIES
876		-	WITHIN THE TREASURER
877		-	'S COUNTY AS IF THE TOTAL PROPERTY TAX REVENUE
878		-	LOST HAD BEEN REGULARLY PAID
879		-	. WHEN A TREASURER DISTRIBUTES THAT
880		-	AMOUNT
881		-	, THE TREASURER SHALL PROVIDE EACH LOCAL GOVERNMENTAL
882		-	ENTITY WITH A STATEMENT OF THE AMOUNT DISTRIBUTED TO THE LOCAL
883		-	GOVERNMENTAL ENTITY THAT REPRESENTS REIMBURSEMENT RECEIVED
884		-	FROM THE STATE FOR TOTAL PROPERTY TAX REVENUE LOST
885		-	.
	761	+	ACH TREASURER SHALL DISTRIBUTE THE TOTAL AMOUNT14
	762	+	RECEIVED FROM THE STATE TREASURER PURSUANT TO SUBSECTION15
	763	+	(9)(c)(I)(A)
	764	+	OF THIS SECTION TO THE LOCAL GOVERNMENTAL ENTITIES16
	765	+	WITHIN THE TREASURER 'S COUNTY AS IF THE TOTAL PROPERTY TAX17
	766	+	REVENUE LOST HAD BEEN REGULARLY PAID . WHEN A TREASURER18
	767	+	DISTRIBUTES THAT AMOUNT, THE TREASURER SHALL PROVIDE EACH LOCAL19
	768	+	GOVERNMENTAL ENTITY WITH A STATEMENT OF THE AMOUNT20
	769	+	DISTRIBUTED TO THE LOCAL GOVERNMENTAL ENTITY THAT REPRESENTS21
	770	+	REIMBURSEMENT RECEIVED FROM THE STATE FOR TOTAL PROPERTY TAX22
	771	+	REVENUE LOST.23
886	772		(III) N
887		-	OTWITHSTANDING THE PROVISIONS OF SUBSECTIONS (9)(c)(I)
888		-	AND (9)(c)(II) OF THIS SECTION, THE STATE TREASURER SHALL REDUCE A
889		-	LOCAL GOVERNMENTAL ENTITY
890		-	'S REIMBURSEMENT AS NECESSARY TO
891		-	PREVENT THE LOCAL GOVERNMENTAL ENTITY FROM EXCEEDING ITS FISCAL
892		-	YEAR SPENDING LIMIT UNDER SECTION
893		-	20 (7)(b) OF ARTICLE X OF THE STATE
894		-	CONSTITUTION FOR THE FISCAL YEAR
895		-	.
	773	+	OTWITHSTANDING THE PROVISIONS OF SUBSECTIONS24
	774	+	(9)(c)(I)
	775	+	AND (9)(c)(II) OF THIS SECTION, THE STATE TREASURER SHALL25
	776	+	REDUCE A LOCAL GOVERNMENTAL ENTITY 'S REIMBURSEMENT AS26
	777	+	NECESSARY TO PREVENT THE LOCAL GOVERNMENTAL ENTITY FROM27
	778	+	111
	779	+	-23- EXCEEDING ITS FISCAL YEAR SPENDING LIMIT UNDER SECTION 20 (7)(b) OF1
	780	+	ARTICLE X OF THE STATE CONSTITUTION FOR THE FISCAL YEAR .2
896	781		(d) I
897		-	N ACCORDANCE WITH SUBSECTION (9)(b) OF THIS SECTION, FOR
898		-	ANY PROPERTY TAX YEAR COMMENCING ON OR AFTER
899		-	JANUARY 1, 2025, BUT
900		-	BEFORE
901		-	JANUARY 1, 2027, THE STATE TREASURER SHALL NOT REIMBURSE A
902		-	TREASURER FOR TOTAL PROPERTY TAX REVENUE LOST AS A RESULT OF A
903		-	CLASSIFICATION OF REAL PROPERTY AS QUALIFIED
904		-	-SENIOR PRIMARY
905		-	RESIDENCE REAL PROPERTY THAT WAS ERRONEOUSLY GRANTED IN THE
906		-	PAGE 17-SENATE BILL 24-111 TREASURER'S COUNTY. IF, PURSUANT TO SUBSECTION (9)(b) OF THIS
907		-	SECTION
908		-	, THE ADMINISTRATOR ADVISES THE STATE TREASURER THAT THE
909		-	STATE TREASURER HAS PROVIDED EITHER TOO MUCH OR TOO LITTLE
910		-	REIMBURSEMENT TO A TREASURER FOR CLASSIFICATIONS OF REAL PROPERTY
911		-	AS QUALIFIED
912		-	-SENIOR PRIMARY RESIDENCE REAL PROPERTY GRANTED IN THE
913		-	TREASURER
914		-	'S COUNTY FOR ANY PRIOR PROPERTY TAX YEAR COMMENCING ON
915		-	OR AFTER
916		-	JANUARY 1, 2025, BUT BEFORE JANUARY 1, 2027, THE STATE
917		-	TREASURER SHALL ADJUST THE REIMBURSEMENT FOR THE CURRENT
918		-	PROPERTY TAX YEAR AS DIRECTED BY THE ADMINISTRATOR IN ORDER TO
919		-	CORRECT THE ERROR
920		-	.
	782	+	N ACCORDANCE WITH SUBSECTION (9)(b) OF THIS SECTION,3
	783	+	FOR ANY PROPERTY TAX YEAR COMMENCING ON OR AFTER JANUARY 1,4
	784	+	2025,
	785	+
	786	+	BUT BEFORE JANUARY 1, 2027, THE STATE TREASURER SHALL NOT5
	787	+	REIMBURSE A TREASURER FOR TOTAL PROPERTY TAX REVENUE LOST AS A6
	788	+	RESULT OF A CLASSIFICATION OF REAL PROPERTY AS QUALIFIED -SENIOR7
	789	+	PRIMARY RESIDENCE REAL PROPERTY THAT WAS ERRONEOUSLY GRANTED8
	790	+	IN THE TREASURER'S COUNTY. IF, PURSUANT TO SUBSECTION (9)(b) OF THIS9
	791	+	SECTION, THE ADMINISTRATOR ADVISES THE STATE TREASURER THAT THE10
	792	+	STATE TREASURER HAS PROVIDED EITHER TOO MUCH OR TOO LITTLE11
	793	+	REIMBURSEMENT TO A TREASURER FOR CLASSIFICATIONS OF REAL12
	794	+	PROPERTY AS QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY13
	795	+	GRANTED IN THE TREASURER 'S COUNTY FOR ANY PRIOR PROPERTY TAX14
	796	+	YEAR COMMENCING ON OR AFTER JANUARY 1, 2025, BUT BEFORE JANUARY15
	797	+	1, 2027, THE STATE TREASURER SHALL ADJUST THE REIMBURSEMENT FOR16
	798	+	THE CURRENT PROPERTY TAX YEAR AS DIRECTED BY THE ADMINISTRATOR17
	799	+	IN ORDER TO CORRECT THE ERROR.18
921	800		(e) N
922		-	OTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY ,
923		-	THE REPORTS REQUIRED BY THIS SUBSECTION (9) AND THEIR CONTENTS
924		-	SHALL BE KEPT CONFIDENTIAL BY AN ASSESSOR
925		-	, A TREASURER, THE
926		-	ADMINISTRATOR
927		-	, THE STATE TREASURER, OR THE STATE AUDITOR; EXCEPT
928		-	THAT SAID PERSONS MAY PROVIDE THE REPORTS TO EACH OTHER AS
929		-	REQUIRED OR AUTHORIZED BY LAW
930		-	.
931		-	(10) Reimbursement as refund of excess state revenues. (a) T
932		-	HE
933		-	GENERAL ASSEMBLY HEREBY FINDS AND DECLARES THAT SECTION
934		-	20 OF
935		-	ARTICLE
936		-	X OF THE STATE CONSTITUTION AUTHORIZES THE STATE TO USE ANY
937		-	REASONABLE METHOD TO MAKE REQUIRED REFUNDS OF EXCESS STATE
938		-	REVENUES
939		-	, AND THE PAYMENT BY THE STATE OF REIMBURSEMENT TO LOCAL
940		-	GOVERNMENTAL ENTITIES FOR TOTAL PROPERTY TAX REVENUE LOST AS A
941		-	RESULT OF THE CLASSIFICATION OF REAL PROPERTY AS QUALIFIED
942		-	-SENIOR
943		-	PRIMARY RESIDENCE REAL PROPERTY
944		-	, WHICH CLASSIFICATION DIRECTLY
945		-	REDUCES THE TAX LIABILITY OF TAXPAYING
946		-	COLORADO RESIDENTS
947		-	THROUGHOUT THE STATE
948		-	, IS A REASONABLE METHOD OF MAKING SUCH
949		-	REFUNDS
950		-	.
	801	+	OTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY ,19
	802	+	THE REPORTS REQUIRED BY THIS SUBSECTION (9) AND THEIR CONTENTS20
	803	+	SHALL BE KEPT CONFIDENTIAL BY AN ASSESSOR , A TREASURER, THE21
	804	+	ADMINISTRATOR, THE STATE TREASURER, OR THE STATE AUDITOR; EXCEPT22
	805	+	THAT SAID PERSONS MAY PROVIDE THE REPORTS TO EACH OTHER AS23
	806	+	REQUIRED OR AUTHORIZED BY LAW .24
	807	+	(10) Reimbursement as refund of excess state revenues.25
	808	+	(a) T
	809	+	HE GENERAL ASSEMBLY HEREBY FINDS AND DECLARES THAT SECTION26
	810	+	20
	811	+	OF ARTICLE X OF THE STATE CONSTITUTION AUTHORIZES THE STATE TO27
	812	+	111
	813	+	-24- USE ANY REASONABLE METHOD TO MAKE REQUIRED REFUNDS OF EXCESS1
	814	+	STATE REVENUES, AND THE PAYMENT BY THE STATE OF REIMBURSEMENT2
	815	+	TO LOCAL GOVERNMENTAL ENTITIES FOR TOTAL PROPERTY TAX REVENUE3
	816	+	LOST AS A RESULT OF THE CLASSIFICATION OF REAL PROPERTY AS4
	817	+	QUALIFIED-SENIOR PRIMARY RESIDENCE REAL PROPERTY , WHICH5
	818	+	CLASSIFICATION DIRECTLY REDUCES THE TAX LIABILITY OF TAXPAYING6
	819	+	C
	820	+	OLORADO RESIDENTS THROUGHOUT THE STATE , IS A REASONABLE7
	821	+	METHOD OF MAKING SUCH REFUNDS .8
951	822		(b) F
952		-	OR ANY STATE FISCAL YEAR COMMENCING ON OR AFTER JULY
953		-	1, 2024, FOR WHICH STATE REVENUES, AS DEFINED IN SECTION 24-77-103.6
954		-	(6)(c),
955		-	EXCEED THE EXCESS STATE REVENUES CAP , AS DEFINED IN SECTION
956		-	24-77-103.6 (6)(b)(I)(C) OR (6)(b)(I)(D), AND ARE REQUIRED TO BE
957		-	REFUNDED IN ACCORDANCE WITH SECTION
958		-	20 OF ARTICLE X OF THE STATE
959		-	CONSTITUTION
960		-	, THE LESSER OF ALL REIMBURSEMENT PAID BY THE STATE
961		-	TREASURER TO EACH TREASURER AS REQUIRED BY SUBSECTION
962		-	(9)(c) OF
963		-	THIS SECTION FOR THE PROPERTY TAX YEAR THAT COMMENCED DURING THE
964		-	STATE FISCAL YEAR OR AN AMOUNT OF SUCH REIMBURSEMENT EQUAL TO THE
965		-	AMOUNT OF SUCH EXCESS STATE REVENUES ABOVE THE AMOUNT OF SUCH
966		-	PAGE 18-SENATE BILL 24-111 EXCESS STATE REVENUES THAT ARE REQUIRED TO BE REFUNDED PURSUANT
967		-	TO SECTION
968		-	39-3-209 IS A REFUND OF SUCH EXCESS STATE REVENUES .
969		-	SECTION 5. In Colorado Revised Statutes, 39-21-113, amend (24)
970		-	as follows:
971		-	39-21-113. Reports and returns - rule - repeal.
972		-	(24) Notwithstanding any other provision of this section, the executive
973		-	director, after receiving from the property tax administrator a list of
	823	+	OR ANY STATE FISCAL YEAR COMMENCING ON OR AFTER JULY9
	824	+	1,
	825	+	2024, FOR WHICH STATE REVENUES , AS DEFINED IN SECTION10
	826	+	24-77-103.6 (6)(c),
	827	+	EXCEED THE EXCESS STATE REVENUES CAP , AS11
	828	+	DEFINED IN SECTION 24-77-103.6 (6)(b)(I)(C) OR (6)(b)(I)(D), AND ARE12
	829	+	REQUIRED TO BE REFUNDED IN ACCORDANCE WITH SECTION 20 OF ARTICLE13
	830	+	X
	831	+	OF THE STATE CONSTITUTION, THE LESSER OF ALL REIMBURSEMENT PAID14
	832	+	BY THE STATE TREASURER TO EACH TREASURER AS REQUIRED BY15
	833	+	SUBSECTION (9)(c) OF THIS SECTION FOR THE PROPERTY TAX YEAR THAT16
	834	+	COMMENCED DURING THE STATE FISCAL YEAR OR AN AMOUNT OF SUCH17
	835	+	REIMBURSEMENT EQUAL TO THE AMOUNT OF SUCH EXCESS STATE18
	836	+	REVENUES ABOVE THE AMOUNT OF SUCH EXCESS STATE REVENUES THAT19
	837	+	ARE REQUIRED TO BE REFUNDED PURSUANT TO SECTION 39-3-209 IS A20
	838	+	REFUND OF SUCH EXCESS STATE REVENUES .21
	839	+	SECTION 5. In Colorado Revised Statutes, 39-21-113, amend22
	840	+	(24) as follows:23
	841	+	39-21-113. Reports and returns - rule - repeal.24
	842	+	(24) Notwithstanding any other provision of this section, the executive25
	843	+	director, after receiving from the property tax administrator a list of26
974	844		individuals who are
975		-	EITHER claiming the property tax exemptions for
976		-	qualifying seniors and qualifying veterans with a disability allowed under
	845	+	EITHER claiming the property tax exemptions for27
	846	+	111
	847	+	-25- qualifying seniors and qualifying veterans with a disability allowed under1
977	848		part 2 of article 3 of this title 39
978		-	OR APPLYING FOR THE QUALIFIED-SENIOR
979		-	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION FOR THE PROPERTY
980		-	DESCRIBED IN SECTION
981		-	39-1-104.6, shall provide to the property tax
982		-	administrator information pertaining to the listed individuals, including their
983		-	names, social security numbers, marital and income tax filing status, and
984		-	residency status, needed by the administrator to verify that the exemption
985		-	OR CLASSIFICATION is allowed only to applicants who satisfy legal
986		-	requirements for claiming it. The administrator and the administrator's
987		-	agents, clerks, and employees shall keep all information received from the
988		-	executive director confidential, and any individual who fails to do so is
989		-	guilty of a misdemeanor and subject to punishment as specified in
990		-	subsection (6) of this section.
991		-	SECTION 6. Act subject to petition - effective date. This act
992		-	takes effect at 12:01 a.m. on the day following the expiration of the
993		-	ninety-day period after final adjournment of the general assembly; except
994		-	that, if a referendum petition is filed pursuant to section 1 (3) of article V
995		-	of the state constitution against this act or an item, section, or part of this act
996		-	within such period, then the act, item, section, or part will not take effect
997		-	unless approved by the people at the general election to be held in
998		-	PAGE 19-SENATE BILL 24-111 November 2024 and, in such case, will take effect on the date of the official
999		-	declaration of the vote thereon by the governor.
1000		-	____________________________ ____________________________
1001		-	Steve Fenberg Julie McCluskie
1002		-	PRESIDENT OF SPEAKER OF THE HOUSE
1003		-	THE SENATE OF REPRESENTATIVES
1004		-	____________________________ ____________________________
1005		-	Cindi L. Markwell Robin Jones
1006		-	SECRETARY OF CHIEF CLERK OF THE HOUSE
1007		-	THE SENATE OF REPRESENTATIVES
1008		-	APPROVED________________________________________
1009		-	(Date and Time)
1010		-	_________________________________________
1011		-	Jared S. Polis
1012		-	GOVERNOR OF THE STATE OF COLORADO
1013		-	PAGE 20-SENATE BILL 24-111
	849	+	OR APPLYING FOR THE QUALIFIED-SENIOR2
	850	+	PRIMARY RESIDENCE REAL PROPERTY CLASSIFICATION FOR THE PROPERTY3
	851	+	DESCRIBED IN SECTION 39-1-104.6, shall provide to the property tax4
	852	+	administrator information pertaining to the listed individuals, including5
	853	+	their names, social security numbers, marital and income tax filing status,6
	854	+	and residency status, needed by the administrator to verify that the7
	855	+	exemption
	856	+	OR CLASSIFICATION is allowed only to applicants who satisfy8
	857	+	legal requirements for claiming it. The administrator and the9
	858	+	administrator's agents, clerks, and employees shall keep all information10
	859	+	received from the executive director confidential, and any individual who11
	860	+	fails to do so is guilty of a misdemeanor and subject to punishment as12
	861	+	specified in subsection (6) of this section.13
	862	+	SECTION 6. Act subject to petition - effective date. This act14
	863	+	takes effect at 12:01 a.m. on the day following the expiration of the15
	864	+	ninety-day period after final adjournment of the general assembly; except16
	865	+	that, if a referendum petition is filed pursuant to section 1 (3) of article V17
	866	+	of the state constitution against this act or an item, section, or part of this18
	867	+	act within such period, then the act, item, section, or part will not take19
	868	+	effect unless approved by the people at the general election to be held in20
	869	+	November 2024 and, in such case, will take effect on the date of the21
	870	+	official declaration of the vote thereon by the governor.22
	871	+	111
	872	+	-26-