C.R.S. § 39-5-115: Taxpayer to furnish information - affidavit on mineral leases.

(1) At any time prior or subsequent to April 15 of each year, the assessor may request any person known or believed to own taxable property located in his county to furnish such information or to make available for examination such records as may be required by him to determine the actual value of such property.

(2) Within ten days after the execution of a mineral lease, a lessor shall file with the assessor an affidavit stating the annual net rental payable under such lease for the purposes of determining the actual value of such mineral interest where the income approach to appraisal is utilized by the assessor. Such affidavit shall constitute a private document and shall be available on a confidential basis as provided in section 39-5-120.

(3) (a) For property tax years commencing on or after January 1, 2027, any person who, in connection with nonresidential property, willfully makes and subscribes any information required by this section that is verified by a written declaration certifying the truth and accuracy of the information but that is not true and accurate as to every material matter commits a petty offense.

(b) For property tax years commencing on or after January 1, 2027, any person who, in connection with nonresidential property, willfully aids or assists in, or procures, counsels, or advises the preparation or presentation of any information required by this section that is fraudulent or false, commits a petty offense.

(c) Conviction of a petty offense pursuant to this subsection (3) is limited to the person who files or assists in filing information that is not true and accurate as specified in subsection (3)(a) of this section or information that is fraudulent or false as specified in subsection (3)(b) of this section.

(d) Any person convicted of a petty offense under this subsection (3) shall be sentenced in accordance with section 18-1.3-503.

(e) The county attorney is authorized to file and prosecute any action arising under this subsection (3) in the county court of the county in which the property is located.